Spray Nine Europe Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04037787 (England and Wales)

SPRAY NINE EUROPE LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1ST APRIL 2013 TO 30TH SEPTEMBER 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

M J Crawford

REGISTERED OFFICE:

4 Roman Ridge Road

Sheffield

South Yorkshire

S9 1GB

REGISTERED NUMBER:

04037787 (England and Wales)

ACCOUNTANTS:

Ian R Collins & Co

The Bridge House

Mill Lane

Dronfield

Derbyshire

S18 2XL

FIXED ASSETS

Tangible assets

2

216

300

CURRENT ASSETS

Stocks

6,502

12,000

Debtors

6,409

12,742

Cash at bank

4,729

-

17,640

24,742

CREDITORS

Amounts falling due within one year

(61,145

)

(84,280

)

NET CURRENT LIABILITIES

(43,505

)

(59,538

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(43,289

)

(59,238

)

CAPITAL AND RESERVES

Called up share capital

3

214,956

214,956

Profit and loss account

(258,245

)

(274,194

)

SHAREHOLDERS' FUNDS

(43,289

)

(59,238

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th September 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th September 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 12th December 2014 and were signed by:

M J Crawford - 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 are valued at the lower of cost and net realisable value, after making due

allowance for obsolete and slow moving items.

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

At 1st April 2013

and 30th September 2014

3,641

DEPRECIATION

At 1st April 2013

3,341

Charge for period

84

At 30th September 2014

3,425

NET BOOK VALUE

At 30th September 2014

216

At 31st March 2013

300

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

214,956

Ordinary

1

214,956

214,956

4.	GOING CONCERN

The financial statements have been prepared on a going concern basis, although the

company is technically insolvent. The trading conditions have improved and the

director will continue to support the company in the foreseeable future.