Abbreviated Company Accounts - SAFFRON HOMES (UK) LTD

Abbreviated Company Accounts - SAFFRON HOMES (UK) LTD


Registered Number 06271900

SAFFRON HOMES (UK) LTD

Abbreviated Accounts

30 June 2014

SAFFRON HOMES (UK) LTD Registered Number 06271900

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 - 106,825
- 106,825
Current assets
Stocks - 73,842
Debtors 2,867 -
Cash at bank and in hand 297,366 15,517
300,233 89,359
Creditors: amounts falling due within one year (138,033) (144,802)
Net current assets (liabilities) 162,200 (55,443)
Total assets less current liabilities 162,200 51,382
Total net assets (liabilities) 162,200 51,382
Capital and reserves
Called up share capital 100 100
Profit and loss account 162,100 51,282
Shareholders' funds 162,200 51,382
  • For the year ending 30 June 2014 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.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 March 2015

And signed on their behalf by:
Amritpal singh Sandhu, Director

SAFFRON HOMES (UK) LTD Registered Number 06271900

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Fixtures, fittings and equipment - 10 % straight line

2Tangible fixed assets
£
Cost
At 1 July 2013 229,997
Additions -
Disposals (229,997)
Revaluations -
Transfers -
At 30 June 2014 0
Depreciation
At 1 July 2013 123,172
Charge for the year -
On disposals (123,172)
At 30 June 2014 0
Net book values
At 30 June 2014 0
At 30 June 2013 106,825