SORCE LIMITED

SORCE LIMITED

SORCE LIMITED - Company Information

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SORCE LIMITED

Company Registration Number:
04324447 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2017

Period of accounts

Start date: 01 December 2016

End date: 30 November 2017

SORCE LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2017

Balance sheet
Notes

SORCE LIMITED

Balance sheet

As at 30 November 2017


Notes
2017
2016


£
£
Current assets
Debtors:   353,692 366,016
Cash at bank and in hand: 266,807 345,642
Total current assets: 620,499 711,658
Creditors: amounts falling due within one year:   (318,218) (439,282)
Net current assets (liabilities): 302,281 272,376
Total assets less current liabilities: 302,281 272,376
Creditors: amounts falling due after more than one year:   (60,049) (71,499)
Total net assets (liabilities): 242,232 200,877
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 242,032 200,677
Shareholders funds: 242,232 200,877

The notes form part of these financial statements

SORCE LIMITED

Balance sheet statements

For the year ending 30 November 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 June 2018
and signed on behalf of the board by:

Name: John Nicklin
Status: Director

The notes form part of these financial statements

SORCE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Other accounting policies

Research and Development expenditure is charged to the profit and loss account in the period in which it is incurred.