Sovereign Specialist Services Limited - Limited company - abbreviated

REGISTERED NUMBER: 08458538 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 22 MARCH 2013 TO 31 MARCH 2014

FOR

SOVEREIGN SPECIALIST SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs E T Lovell

SECRETARY:

A J Company Formations Limited

REGISTERED OFFICE:

The Coach House

The Square

Sawbridgeworth

Hertfordshire

CM21 9AE

REGISTERED NUMBER:

08458538 (England and Wales)

ACCOUNTANTS:

Ashley James Limited

The Coach House

The Square

Sawbridgeworth

Hertfordshire

CM21 9AE

FIXED ASSETS

Tangible assets

2

8,041

CURRENT ASSETS

Stocks

13,731

Debtors

49,643

Cash at bank

9,292

72,666

CREDITORS

Amounts falling due within one year

65,815

NET CURRENT ASSETS

6,851

TOTAL ASSETS LESS CURRENT
LIABILITIES

14,892

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

14,792

SHAREHOLDERS' FUNDS

14,892

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 11 November 2014 and were signed by:

Mrs E T Lovell - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

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 an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

10,235

At 31 March 2014

10,235

DEPRECIATION

Charge for period

2,194

At 31 March 2014

2,194

NET BOOK VALUE

At 31 March 2014

8,041

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .

Sovereign Specialist Services Limited - Limited company - abbreviated - 11.6

Sovereign Specialist Services Limited - Limited company - abbreviated - 11.6