Sense Interactive Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04495270

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

SENSE INTERACTIVE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

N McConnell

P Coles

REGISTERED OFFICE:

Studio 1 Westree House

2 Westree Road

Maidstone

Kent

ME16 8HB

REGISTERED NUMBER:

04495270

ACCOUNTANTS:

Anthonisz Neville LLP

1st Floor

105-111 Euston Street

London

London

NW1 2EW

FIXED ASSETS

Tangible assets

2

2,603

562

CURRENT ASSETS

Stocks and WIP

31,464

41,022

Debtors

261,576

57,373

Cash at bank and in hand

34,273

56,397

327,313

154,792

CREDITORS

Amounts falling due within one year

109,903

77,489

NET CURRENT ASSETS

217,410

77,303

TOTAL ASSETS LESS CURRENT LIABILITIES

220,013

77,865

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Share premium

499,425

499,425

Profit and loss account

(280,412

)

(422,560

)

SHAREHOLDERS' FUNDS

220,013

77,865

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 5 August 2014 and were signed on its behalf by:

N McConnell - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small

company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts

where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on straight line

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme

are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

1,000

Additions

3,273

At 31 December 2013

4,273

DEPRECIATION

At 1 January 2013

438

Charge for year

1,232

At 31 December 2013

1,670

NET BOOK VALUE

At 31 December 2013

2,603

At 31 December 2012

562

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/13

31/12/12

value:

£

£

9,998

Ordinary

10p

1,000

1,000