Smart Partitions (UK) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07175728 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2015

FOR

SMART PARTITIONS (UK) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

H Karkar

REGISTERED OFFICE:

4 Grange Road

Southwick

Brighton

West Sussex

BN42 4DQ

REGISTERED NUMBER:

07175728 (England and Wales)

ACCOUNTANTS:

Parkers

Cornelius House

178-180 Church Road

Hove

East Sussex

BN3 2DJ

FIXED ASSETS

Tangible assets

2

-

40,718

CURRENT ASSETS

Stocks

109,570

36,633

Debtors

810,365

133,995

Cash at bank

-

45,881

919,935

216,509

CREDITORS

Amounts falling due within one year

829,360

216,350

NET CURRENT ASSETS

90,575

159

TOTAL ASSETS LESS CURRENT LIABILITIES

90,575

40,877

CREDITORS

Amounts falling due after more than one year

4,869

22,871

NET ASSETS

85,706

18,006

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

85,606

17,906

SHAREHOLDERS' FUNDS

85,706

18,006

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 30th April 2015 and were signed by:

H Karkar - 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).

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8

Related Party Disclosures, not to disclose related party transactions with wholly owned subsidiaries

within the group.

Turnover

Turnover represents net invoiced work done, excluding value added tax.

Stocks

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

allowance for obsolete and slow moving items.

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

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 1st April 2014

74,444

Additions

52,176

Disposals

(126,620

)

At 31st March 2015

-

DEPRECIATION

At 1st April 2014

33,726

Eliminated on disposal

(33,726

)

At 31st March 2015

-

NET BOOK VALUE

At 31st March 2015

-

At 31st March 2014

40,718

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

4.	ULTIMATE PARENT COMPANY

Smart Facilities Limited is regarded by the director as being the company's ultimate parent company.