SJP Interior Design Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05972311 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2014

FOR

SJP INTERIOR DESIGN LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs S J Bailey

SECRETARY:

D G Pasley

REGISTERED OFFICE:

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

REGISTERED NUMBER:

05972311 (England and Wales)

ACCOUNTANTS:

Lawes & Co

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

FIXED ASSETS

Tangible assets

2

12,304

4,666

CURRENT ASSETS

Stocks

25,000

15,495

Debtors

15,832

21,394

Cash at bank

3,000

7,194

43,832

44,083

CREDITORS

Amounts falling due within one year

82,787

73,059

NET CURRENT LIABILITIES

(38,955

)

(28,976

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(26,651

)

(24,310

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(26,652

)

(24,311

)

SHAREHOLDERS' FUNDS

(26,651

)

(24,310

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 10 April 2015 and were signed by:

Mrs S J Bailey - 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 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 cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Going concern

These accounts have been prepared on the going concern basis, on the understanding that

the director will continue to financially support the company.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

4,936

Additions

11,830

At 31 October 2014

16,766

DEPRECIATION

At 1 November 2013

270

Charge for year

4,192

At 31 October 2014

4,462

NET BOOK VALUE

At 31 October 2014

12,304

At 31 October 2013

4,666

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.10.14

31.10.13

value:

£

£

1

Ordinary

£1

1

1