Seba Digital Limited |
Registered number: |
07798152 |
Abbreviated Balance Sheet |
as at 31 March 2015 |
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
4,824 |
|
|
6,217 |
|
Current assets |
Stocks |
|
|
71,778 |
|
|
20,140 |
Debtors |
|
|
9,635 |
|
|
- |
Cash at bank and in hand |
|
|
5,555 |
|
|
4,588 |
|
|
|
86,968 |
|
|
24,728 |
|
Creditors: amounts falling due within one year |
|
|
(68,894) |
|
|
(26,605) |
|
Net current assets/(liabilities) |
|
|
|
18,074 |
|
|
(1,877) |
|
Total assets less current liabilities |
|
|
|
22,898 |
|
|
4,340 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(13,904) |
|
|
- |
|
|
|
Net assets |
|
|
|
8,994 |
|
|
4,340 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
8,894 |
|
|
4,240 |
|
Shareholders' funds |
|
|
|
8,994 |
|
|
4,340 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
Mr Bharat Bhusan Rana |
Director |
Approved by the board on 10 July 2015 |
|
Seba Digital Limited |
Notes to the Abbreviated Accounts |
for the year ended 31 March 2015 |
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax, in respect of goods and services provided to customers. |
|
|
Stocks |
|
Stock is valued by the directors at the lower of cost and net realisable value. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Office equipment and fittings |
20% reducing balance basis |
|
Motor van |
25% reducing balance basis |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2014 |
8,266 |
|
At 31 March 2015 |
8,266 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2014 |
2,049 |
|
Charge for the year |
1,393 |
|
At 31 March 2015 |
3,442 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2015 |
4,824 |
|
At 31 March 2014 |
6,217 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|