SG_CONSULTING_(SOUTH_EAST - Accounts

S.G. CONSULTING (SOUTH EAST) LIMITED - Company Information

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Company Registration No. 05302990 (England and Wales)

SG CONSULTING (SOUTH EAST) LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2014

SG CONSULTING (SOUTH EAST) LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

SG CONSULTING (SOUTH EAST) LTD

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

634

380

Investments

12,500

13,134

12,880

Current assets

Debtors

13,313

9,954

Cash at bank and in hand

32,572

25,224

45,885

35,178

Creditors: amounts falling due within one year

(54,876)

(44,939)

Net current liabilities

(8,991)

(9,761)

Total assets less current liabilities

4,143

3,119

Capital and reserves

Called up share capital

200

Profit and loss account

3,943

2,919

Shareholders' funds

4,143

3,119

For the financial year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 24 June 2015

Mrs N A Allcock

Mr S G Allcock

Director

Company Registration No. 05302990

SG CONSULTING (SOUTH EAST) LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

25% on Cost

Fixtures, fittings & equipment

25% on Cost

1.5

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 January 2014

5,904

12,500

18,404

Additions

681

Disposals

(1,121)

At 31 December 2014

5,464

12,500

17,964

Depreciation

At 1 January 2014

5,524

On disposals

(1,121)

Charge for the year

427

At 31 December 2014

4,830

Net book value

At 31 December 2014

634

12,500

13,134

At 31 December 2013

380

12,500

12,880

SG CONSULTING (SOUTH EAST) LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2014

- 3 -

Share capital

2014

2013

Allotted, called up and fully paid

75 Ordinary A Shares of £1 each

25 Ordinary B Shares of £1 each

75 Ordinary C Shares of £1 each

25 Ordinary D Shares of £1 each

200