Strictly Social Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07216167 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2014

FOR

STRICTLY SOCIAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D Bowyer Esq

REGISTERED OFFICE:

4 Prince Albert Road

London

NW1 7SN

REGISTERED NUMBER:

07216167 (England and Wales)

ACCOUNTANTS:

Scodie Deyong LLP

Chartered Accountants

4 Prince Albert Road

London

NW1 7SN

FIXED ASSETS

Tangible assets

2

5,485

7,068

CURRENT ASSETS

Debtors

1,440

12

Cash at bank

7,573

1

9,013

13

CREDITORS

Amounts falling due within one year

11,458

8,569

NET CURRENT LIABILITIES

(2,445

)

(8,556

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,040

(1,488

)

CAPITAL AND RESERVES

Called up share capital

3

300

300

Profit and loss account

2,740

(1,788

)

SHAREHOLDERS' FUNDS

3,040

(1,488

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 26 January 2015 and were signed by:

D Bowyer Esq - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company had net assets of £2,445 (2013: net liabilities of £1,488) at the balance sheet date. The director has

confirmed that they will continue to support the company for the foreseeable future. The director, therefore,

considers preparation of the accounts on a going concern basis to be applicable.

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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

12,151

DEPRECIATION

At 1 May 2013

5,083

Charge for year

1,583

At 30 April 2014

6,666

NET BOOK VALUE

At 30 April 2014

5,485

At 30 April 2013

7,068

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

300

Ordinary

£1

300

300