Sales Scene Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07949930 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Sales Scene Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs C Thomas

Mr R W Thomas

REGISTERED OFFICE:

Office 2, Globe House

Globe Industrial Estate

Rectory Road

Grays

Essex

RM17 6ST

REGISTERED NUMBER:

07949930 (England and Wales)

ACCOUNTANTS:

P R K Accountants Limited

Top Floor, Grover House,

Grover Walk

Corringham

Essex

SS17 7LS

FIXED ASSETS

Intangible assets

2

7,360

11,040

Tangible assets

3

6,735

8,183

14,095

19,223

CURRENT ASSETS

Debtors

9,272

4,327

Cash at bank and in hand

19,225

9,356

28,497

13,683

CREDITORS

Amounts falling due within one year

42,073

31,393

NET CURRENT LIABILITIES

(13,576

)

(17,710

)

TOTAL ASSETS LESS CURRENT LIABILITIES

519

1,513

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

517

1,511

SHAREHOLDERS' FUNDS

519

1,513

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 2 June 2015 and were signed on its behalf by:

Mrs C Thomas - Director

Mr R W Thomas - 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 services excluding, value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

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

-

20% on cost

Computer equipment

-

20% on cost

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

18,400

AMORTISATION

At 1 April 2014

7,360

Amortisation for year

3,680

At 31 March 2015

11,040

NET BOOK VALUE

At 31 March 2015

7,360

At 31 March 2014

11,040

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

13,301

Additions

1,515

At 31 March 2015

14,816

DEPRECIATION

At 1 April 2014

5,118

Charge for year

2,963

At 31 March 2015

8,081

NET BOOK VALUE

At 31 March 2015

6,735

At 31 March 2014

8,183

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

1

2

2