Abbreviated Company Accounts - S.C.M. ACCOUNTANCY SERVICES LIMITED

S.C.M. ACCOUNTANCY SERVICES LIMITED - Company Information

Registered Number 04429858

S.C.M. ACCOUNTANCY SERVICES LIMITED

Abbreviated Accounts

31 May 2015

S.C.M. ACCOUNTANCY SERVICES LIMITED Registered Number 04429858

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	13,200	17,600
Tangible assets	3	1,657	1,685
		14,857	19,285
Current assets
Debtors		2,804	4,104
Cash at bank and in hand		19,566	4,416
		22,370	8,520
Creditors: amounts falling due within one year		(36,791)	(27,452)
Net current assets (liabilities)		(14,421)	(18,932)
Total assets less current liabilities		436	353
Total net assets (liabilities)		436	353
Capital and reserves
Called up share capital		2	2
Profit and loss account		434	351
Shareholders' funds		436	353

For the year ending 31 May 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 June 2015

And signed on their behalf by:
S C Matejtschuk, Director

S.C.M. ACCOUNTANCY SERVICES LIMITED Registered Number 04429858

Notes to the Abbreviated Accounts for the period ended 31 May 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost, less any estimated residual value, over their estimated useful life at the rate of 25% per annum on the reducing balance basis.

Intangible assets amortisation policy
Amortisation is provided on tangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life at the rate of 20% per annum on the straight line basis.

2Intangible fixed assets

	£
Cost
At 1 June 2014	22,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	22,000
Amortisation
At 1 June 2014	4,400
Charge for the year	4,400
On disposals	-
At 31 May 2015	8,800
Net book values
At 31 May 2015	13,200
At 31 May 2014	17,600

3Tangible fixed assets

	£
Cost
At 1 June 2014	3,627
Additions	309
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	3,936
Depreciation
At 1 June 2014	1,942
Charge for the year	337
On disposals	-
At 31 May 2015	2,279
Net book values
At 31 May 2015	1,657
At 31 May 2014	1,685