Accounts filed on 31-03-2016


SUPADU LIMITED

Company Registration Number:
07241565 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 April 2015

End date: 31 March 2016

SUPADU LIMITED

Abbreviated Balance sheet

As at 31 March 2016


Notes

2016
£

2015
£
Fixed assets
Intangible assets: 2 200,000 200,000
Tangible assets: 3 8,512 2,654
Total fixed assets: 208,512 202,654
Current assets
Debtors: 145,918 134,940
Cash at bank and in hand: 118,298 81,640
Total current assets: 264,216 216,580
Creditors: amounts falling due within one year: ( 120,669 ) ( 98,200 )
Net current assets (liabilities): 143,547 118,380
Total assets less current liabilities: 352,059 321,034
Creditors: amounts falling due after more than one year: ( 118,000 ) ( 130,000 )
Provision for liabilities: ( 41,301 ) ( 25,425 )
Total net assets (liabilities): 192,758 165,609

The notes form part of these financial statements

SUPADU LIMITED

Balance sheet continued

As at 31 March 2016


Notes

2016
£

2015
£
Capital and reserves
Called up share capital: 4 242,339 242,252
Profit and loss account: ( 49,581 ) ( 76,643 )
Shareholders funds: 192,758 165,609

For the year ending 31 March 2016 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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 12 September 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Mark Harvie-Watt
Status: Director

The notes form part of these financial statements

SUPADU LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

    Turnover policy

    The turnover represents amounts receivable for goods and services net of VAT and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation is calculated at the following rates to write off the cost of an asset, less its residual value, over its estimated useful economic lifetime. Annual straight line deprecation is 33.33% of computer equipment cost and 25.00% of fixtures and fittings cost.

    Intangible fixed assets amortisation policy

    Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

    Valuation information and policy

    Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and overheads.

    Other accounting policies

    Expenditure on Research and Development is written off in the year in which it is incurred.

SUPADU LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 2. Intangible assets

    Total
    Cost £
    01 April 2015: 200,000
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 March 2016: 200,000
    Amortisation
    01 April 2015: 0
    Provided during the period: 0
    On disposals: 0
    Other Adjustments: 0
    31 March 2016: 0
    Net book value
    31 March 2016: 200,000
    31 March 2015: 200,000

SUPADU LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 3. Tangible assets

    Total
    Cost £
    01 April 2015: 10,923
    Additions: 8,287
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 March 2016: 19,210
    Depreciation
    01 April 2015: 8,269
    Charge for year: 2,429
    On disposals: 0
    Other adjustments: 0
    31 March 2016: 10,698
    Net book value
    31 March 2016: 8,512
    31 March 2015: 2,654

SUPADU LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 4. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 89,392 2.71 242,252
    Preference shares: 0
    Total share capital (£): 242,252
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 91,795 2.64 242,339
    Preference shares: 0
    Total share capital (£): 242,339

    Due to the fact that only two decimal places are available in this submission, we have had to amend (round) the figures.