SIMON NEIL LTD - Accounts 2014


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 30/06/2014

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 04541303


Registered Number: 04541303

BALANCE SHEET AT 30/06/2014

			2014		2013
	Notes		£		£

FIXED ASSETS
Tangible assets	2		4,669		3,065

CURRENT ASSETS
Debtors (amounts falling due within one year)	3	33,609		22,580
Investments	4	13,899		13,899
Cash at bank and in hand		16,680		8,294
		64,188		44,773
CREDITORS: Amounts falling due within one year		56,032		46,292
NET CURRENT ASSETS / (LIABILITIES)			8,156		(1,519)
TOTAL ASSETS LESS CURRENT LIABILITIES			12,825		1,546

CAPITAL AND RESERVES

Called up share capital	5		100		100
Profit and loss account			12,725		1,446
SHAREHOLDERS' FUNDS			12,825		1,546

For the year ending 30/06/2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board on 14/08/2014 and signed on their behalf by




Simon Neil Salisbury
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment		reducing balance 25%




1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1e. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.




1f. Turnover
Turnover represents the invoiced value of services supplied by the company, net of value added tax.




3. DEBTORS	2014	2013
	£	£

Amounts falling due within one year:
Trade debtors	27,656	17,080
Other debtors	5,953	5,500
	33,609	22,580




5. SHARE CAPITAL	2014	2013
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £ each	100	100
	100	100




6. CONTROLLING PARTY
Mr Salisbury, a director, together with members of his close family, control the company by virtue of a controlling interest (directly or indirectly) of 100% of the issued ordinary share capital.