SMS Manufacturing Limited - Limited company - abbreviated

REGISTERED NUMBER: 07751716 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

SMS MANUFACTURING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

V Sodin

REGISTERED OFFICE:

The Granary

Brewer Street

Bletchingley

Surrey

RH1 4QP

REGISTERED NUMBER:

07751716 (England and Wales)

ACCOUNTANTS:

Lees Chartered Accountants

The Granary

Brewer Street

Bletchingley

Surrey

RH1 4QP

CURRENT ASSETS

Debtors

29,415

2,800

Cash at bank

58,999

217,500

88,414

220,300

CREDITORS

Amounts falling due within one year

28,999

79,906

NET CURRENT ASSETS

59,415

140,394

TOTAL ASSETS LESS CURRENT
LIABILITIES

59,415

140,394

CAPITAL AND RESERVES

Called up share capital

2

11,000

Profit and loss account

48,415

129,394

SHAREHOLDERS' FUNDS

59,415

140,394

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 6 February 2015 and were signed by:

V Sodin - 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 services, excluding value added tax.

Deferred tax

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

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

11,000

Ordinary shares

£1

11,000

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following loans were due to the directors during the year :

31.12.14

31.12.13

£

Balance outstanding and due to directors at 1st January

10

Introduced in the year

-

Repaid to directors during the year ended 31st December

-

Balance outstanding and due to directors at 31st December

10

4.	G0ING CONCERN

Due to the nature of the company's trade the company has not recorded any sales in 2014 although it has incurred

significant overhead costs. In part these are related to the profitable activity undertaken in 2013 and others have

been incurred in 2014 in anticipation of future revenue streams and profits in 2015.

The director considers the company is well placed in the industry, for future prospects and profits.

SMS Manufacturing Limited - Limited company - abbreviated - 11.0.0

SMS Manufacturing Limited - Limited company - abbreviated - 11.0.0