SOUNDINGBOARD_CONSULTANTS - Accounts

SOUNDINGBOARD CONSULTANTS LIMITED - Company Information

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Company Registration No. 08300720 (England and Wales)

SOUNDINGBOARD CONSULTANTS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

SOUNDINGBOARD CONSULTANTS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

SOUNDINGBOARD CONSULTANTS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

9,485

14,227

Current assets

Debtors

12,468

38,125

Cash at bank and in hand

98,657

105,238

111,125

143,363

Creditors: amounts falling due within one year

(95,349)

(129,370)

Net current assets

15,776

13,993

Total assets less current liabilities

25,261

28,220

Capital and reserves

Called up share capital

Profit and loss account

25,260

28,219

Shareholders' funds

25,261

28,220

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges her 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 and authorised for issue on 8 July 2015

Ms I Saltzman

Director

Company Registration No. 08300720

SOUNDINGBOARD CONSULTANTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

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:

Fixtures, fittings & equipment

25% straight line

1.5

Pensions

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 April 2014 & at 31 March 2015

18,969

Depreciation

At 1 April 2014

4,742

Charge for the year

4,742

At 31 March 2015

9,484

Net book value

At 31 March 2015

9,485

At 31 March 2014

14,227

SOUNDINGBOARD CONSULTANTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

- 3 -

Share capital

2015

2014

Authorised

1 Ordinary of £1 each

Allotted, called up and fully paid

1 Ordinary of £1 each