Micro-entity Accounts - SAND TECHNOLOGY LIMITED

Micro-entity Accounts - SAND TECHNOLOGY LIMITED


Registered Number 04513443

SAND TECHNOLOGY LIMITED

Micro-entity Accounts

31 December 2016

SAND TECHNOLOGY LIMITED Registered Number 04513443

Micro-entity Balance Sheet as at 31 December 2016

Notes 2016 2015
£ £
Current Assets 291,489 47,400
Creditors: amounts falling due within one year (135,000) (24,449)
Net current assets (liabilities) 156,489 22,951
Total assets less current liabilities 156,489 22,951
Creditors: amounts falling due after more than one year (434,431) (306,748)
Total net assets (liabilities) (277,942) (283,797)
Capital and reserves
Called up share capital 1 1
Profit and loss account (277,943) (283,798)
Shareholders' funds (277,942) (283,797)
  • For the year ending 31 December 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 September 2017

And signed on their behalf by:
Jeff Bender, Director

SAND TECHNOLOGY LIMITED Registered Number 04513443

Notes to the Micro-entity Accounts for the period ended 31 December 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Revenue was recognized in accordance with International Financial Reporting Standards (IFRS)

Tangible assets depreciation policy
The entity does not own any tangible assets.

Intangible assets amortisation policy
The entity does not own any intangible assets.

Valuation information and policy
All accounts have been valued in accordance with IFRS