Saiphin Solutions Limited - Limited company - abbreviated

REGISTERED NUMBER: 05827163 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2014

for

Saiphin Solutions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Dr N J Matthews

SECRETARY:

N Dutton

REGISTERED OFFICE:

151A Fleet Road

Farnborough

Hampshire

GU14 9SL

REGISTERED NUMBER:

05827163 (England and Wales)

ACCOUNTANTS:

SJD Accountancy

3000 Cathedral Hill

Guildford

Surrey

GU2 7YB

FIXED ASSETS

Tangible assets

2

844

1,689

CURRENT ASSETS

Debtors

4,139

1,859

Cash at bank and in hand

4,208

7,603

8,347

9,462

CREDITORS

Amounts falling due within one year

8,732

10,523

NET CURRENT LIABILITIES

(385

)

(1,061

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

459

628

PROVISIONS FOR LIABILITIES

169

338

NET ASSETS

290

CAPITAL AND RESERVES

Called up share capital

3

10

Profit and loss account

280

SHAREHOLDERS' FUNDS

290

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 27 February 2015 and were signed by:

Dr N J Matthews - 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.

Tangible fixed assets

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

Plant and machinery etc

-

50% on reducing balance

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 1 June 2013

and 31 May 2014

17,233

DEPRECIATION

At 1 June 2013

15,544

Charge for year

845

At 31 May 2014

16,389

NET BOOK VALUE

At 31 May 2014

844

At 31 May 2013

1,689

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

10

Ordinary

£1

10

Saiphin Solutions Limited - Limited company - abbreviated - 11.6

Saiphin Solutions Limited - Limited company - abbreviated - 11.6