Simply Sustainable Limited - Period Ending 2014-05-31

Registration number: 06633348

Simply Sustainable Limited

Unaudited Abbreviated Accounts

for the Period from 1 July 2013 to 31 May 2014

 

RMCA
Chartered Accountants
The Counting House
High Street
Tring
Herts
HP23 5TE

Simply Sustainable Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Simply Sustainable Limited
(Registration number: 06633348)
Abbreviated Balance Sheet at 31 May 2014

		Note			31 May 2014 £			30 June 2013 £
Fixed assets
Tangible fixed assets					7,467			350
Current assets
Debtors					34,437			11,828
Cash at bank and in hand					19,960			7,952
					54,397			19,780
Creditors: Amounts falling due within one year					(43,097)			(12,005)
Net current assets					11,300			7,775
Net assets					18,767			8,125
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					18,667			8,025
Shareholders' funds					18,767			8,125

For the year ending 31 May 2014 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 director acknowledges her 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 director on 16 August 2014

N R A Stopps Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Simply Sustainable Limited
Notes to the Abbreviated Accounts for the Period from 1 July 2013 to 31 May 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers. In respect of long-term contracts and contracts for on-going services,turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Equipment	25% straight line
Motor vehicles	25% reducing balance

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 July 2013		1,041			1,041
Additions		9,500			9,500
At 31 May 2014		10,541			10,541
Depreciation
At 1 July 2013		691			691
Charge for the period		2,383			2,383
At 31 May 2014		3,074			3,074
Net book value
At 31 May 2014		7,467			7,467
At 30 June 2013		350			350

Page 2

Simply Sustainable Limited
Notes to the Abbreviated Accounts for the Period from 1 July 2013 to 31 May 2014
......... continued

3	Share capital

Allotted, called up and fully paid shares

	31 May 2014						30 June 2013
		No.			£			No.			£
100 Ordinary shares of £1 each		100			100			100			100

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