Supply Room (UK) Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07124919 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

Supply Room (UK) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R Hurst

Mrs M Bradley-Hurst

REGISTERED OFFICE:

1st Floor

2 Woodberry Grove

North Finchley

London

N12 0DR

REGISTERED NUMBER:

07124919 (England and Wales)

ACCOUNTANTS:

Advantage Accounting (Scotland) Ltd

11 Somerset Place

Glasgow

G3 7JT

FIXED ASSETS

Tangible assets

2

16,411

21,881

CURRENT ASSETS

Stocks

17,720

16,424

Debtors

54,203

7,344

Cash at bank

3,838

36,073

75,761

59,841

CREDITORS

Amounts falling due within one year

3

58,447

48,526

NET CURRENT ASSETS

17,314

11,315

TOTAL ASSETS LESS CURRENT LIABILITIES

33,725

33,196

CREDITORS

Amounts falling due after more than one year

3

32,812

32,225

NET ASSETS

913

971

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

813

871

SHAREHOLDERS' FUNDS

913

971

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 28 March 2016 and were signed on its behalf by:

R Hurst - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

and 30 June 2015

61,429

DEPRECIATION

At 1 July 2014

39,548

Charge for year

5,470

At 30 June 2015

45,018

NET BOOK VALUE

At 30 June 2015

16,411

At 30 June 2014

21,881

3.

CREDITORS

Creditors include an amount of £ 56,825 (30.6.14 - £ 49,038 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

100

Ordinary

£1

100

100