Abbreviated Company Accounts - SEED BUSINESS CONSULTING LIMITED

SEED BUSINESS CONSULTING LIMITED - Company Information

NI626351 SEED BUSINESS CONSULTING LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true NI626351 2015-09-01 2016-08-31 NI626351 2016-08-31 NI626351 2015-08-31 NI626351 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 NI626351 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number NI626351

SEED BUSINESS CONSULTING LIMITED

Abbreviated Accounts

31 August 2016

SEED BUSINESS CONSULTING LIMITED Registered Number NI626351

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	578	-
		578	-
Current assets
Debtors		1,836	3,780
Cash at bank and in hand		17,155	7,622
		18,991	11,402
Creditors: amounts falling due within one year		(16,097)	(10,137)
Net current assets (liabilities)		2,894	1,265
Total assets less current liabilities		3,472	1,265
Provisions for liabilities		(107)	-
Total net assets (liabilities)		3,365	1,265
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		3,364	1,264
Shareholders' funds		3,365	1,265

For the year ending 31 August 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.

Approved by the Board on 29 May 2017

And signed on their behalf by:
Constantin Spinu, Director

SEED BUSINESS CONSULTING LIMITED Registered Number NI626351

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and comply with financial reporting standards of the Accounting Standards Board

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:
Plant and machinery - 25% Reducing Balance

Other accounting policies
Deferred Taxation - provision is made for deferred taxation using the liability method to take account of timing differences between the incidence of income and expenditure for taxation and accounting purposes.

Foreign Currencies - Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss Account.

2Tangible fixed assets

	£
Cost
At 1 September 2015	-
Additions	749
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	749
Depreciation
At 1 September 2015	-
Charge for the year	171
On disposals	-
At 31 August 2016	171
Net book values
At 31 August 2016	578
At 31 August 2015	-

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1