Success Accident Solutions Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04861648 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2014

for

Success Accident Solutions Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr J Stevenson

SECRETARY:

Mrs K Stevenson

REGISTERED OFFICE:

American EZ Storage Complex

Dennis Road

WIDNES

Cheshire

WA8 0YQ

REGISTERED NUMBER:

04861648 (England and Wales)

ACCOUNTANTS:

GR Taylor & Co Accountants

54-56 Ormskirk Street

ST HELENS

Merseyside

WA10 2TF

FIXED ASSETS

Tangible assets

2

56,342

57,574

CURRENT ASSETS

Debtors

3

244,546

216,195

Cash at bank

78,219

64,127

322,765

280,322

CREDITORS

Amounts falling due within one year

156,148

109,243

NET CURRENT ASSETS

166,617

171,079

TOTAL ASSETS LESS CURRENT LIABILITIES

222,959

228,653

CAPITAL AND RESERVES

Called up share capital

4

3

2

Profit and loss account

222,956

228,651

SHAREHOLDERS' FUNDS

222,959

228,653

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 17 July 2015 and were signed by:

Mr J Stevenson - 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures & equipment

-

25% on reducing balance

Hire Fleet

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

180,690

Additions

23,583

Disposals

(15,250

)

At 31 October 2014

189,023

DEPRECIATION

At 1 November 2013

123,116

Charge for year

18,781

Eliminated on disposal

(9,216

)

At 31 October 2014

132,681

NET BOOK VALUE

At 31 October 2014

56,342

At 31 October 2013

57,574

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 57,598 (31.10.13 - £ 56,000 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.14

31.10.13

value:

£

£

2

Ordinary A

£1

2

2

1

Ordinary B

£1

1

-

3

2

The following shares were issued during the year for cash at par :

1 Ordinary B share of £1