ACCOUNTS - Final Accounts preparation

07170020 SPEVACK LTD 2013-07-01 2014-06-30 false true 2014-06-30Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts. Revenue is recognised on the date that profit shares are finalised within Wellden Turnbull LLP. 07170020 2013-07-01 2014-06-30 07170020 2014-06-30 07170020 d:Director1 2013-07-01 2014-06-30 07170020 2013-06-30 07170020 d:OrdinaryShareClass1 2014-06-30 07170020 d:OrdinaryShareClass1 2013-06-30 07170020 d:OrdinaryShareClass1 2013-07-01 2014-06-30 07170020 d:OrdinaryShareClass2 2014-06-30 07170020 d:OrdinaryShareClass2 2013-06-30 07170020 d:OrdinaryShareClass2 2013-07-01 2014-06-30 07170020 d:OrdinaryShareClass3 2014-06-30 07170020 d:OrdinaryShareClass3 2013-06-30 07170020 d:OrdinaryShareClass3 2013-07-01 2014-06-30 07170020 d:OrdinaryShareClass4 2014-06-30 07170020 d:OrdinaryShareClass4 2013-06-30 07170020 d:OrdinaryShareClass4 2013-07-01 2014-06-30 xbrli:shares iso4217:GBP

Registered number: 07170020

SPEVACK LTD

UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED
30 JUNE 2014

SPEVACK LTD

REGISTERED NUMBER: 07170020

ABBREVIATED BALANCE SHEET

AS AT 30 JUNE 2014

2014

2013

Note

CURRENT ASSETS
Debtors	800,028		541,671
Cash at bank	14,323		500

	814,351		542,171
CREDITORS: amounts falling due within one year	(59,720)		(18,398)
NET CURRENT ASSETS		754,631		523,773

NET ASSETS

754,631

523,773

CAPITAL AND RESERVES
Called up share capital	2	5	5
Profit and loss account		754,626	523,768

SHAREHOLDERS' FUNDS

754,631

523,773

For the year ending 30 June 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 ("the Act") relating to small companies.

Director's responsibilities:
 

·The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

·The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
 

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SPEVACK LTD

ABBREVIATED BALANCE SHEET (continued)

AS AT 30 JUNE 2014

The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf by the sole director on 28 March 2015.

S A Spevack

Director

The notes on page 3 form part of these financial statements.

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SPEVACK LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

1.ACCOUNTING POLICIES

	1.1	Basis of preparation of financial statements
		The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

	1.2	Turnover
		Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts. Revenue is recognised on the date that profit shares are finalised within Wellden Turnbull LLP.

2.SHARE CAPITAL

	2014	2013
	£	£
Allotted, called up and fully paid

2 A ordinary shares of £1 each	2	2
1 B ordinary share of £1	1	1
1 C ordinary share of £1	1	1
1 D ordinary share of £1	1	1

	5	5

3.RELATED PARTY TRANSACTIONS

At the balance sheet date the director owed the company £11,821 (2013 - £2105 owed to the director). This amount is included within other debtors, is interest free and was repaid in full in March 2015.

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