Sullivan Pension Outsourcing and Trustee Services Ltd - Abbreviated accounts

Sullivan Pension Outsourcing and Trustee Services Ltd - Abbreviated accounts


Registered number
08621236
Sullivan Pension Outsourcing and Trustee Services Ltd
Abbreviated Accounts
31 July 2016
Sullivan Pension Outsourcing and Trustee Services Ltd
Registered number: 08621236
Abbreviated Balance Sheet
as at 31 July 2016
Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 187 249
Current assets
Cash at bank and in hand 3,658 4,059
Creditors: amounts falling due within one year (250) (250)
Net current assets 3,408 3,809
Total assets less current liabilities 3,595 4,058
Creditors: amounts falling due after more than one year (1,704) (1,496)
Net assets 1,891 2,562
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 1,791 2,462
Shareholder's funds 1,891 2,562
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
M J E Sullivan
Director
Approved by the board on 27 September 2016
Sullivan Pension Outsourcing and Trustee Services Ltd
Notes to the Abbreviated Accounts
for the year ended 31 July 2016
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Office equipment 25% reducing balance
2 Tangible fixed assets £
Cost
At 1 August 2015 443
At 31 July 2016 443
Depreciation
At 1 August 2015 194
Charge for the year 62
At 31 July 2016 256
Net book value
At 31 July 2016 187
At 31 July 2015 249
3 Share capital Nominal 2016 2016 2015
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 100 100 100
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