Abbreviated Company Accounts - SWEET CHARIOT CONSULTING LIMITED

Abbreviated Company Accounts - SWEET CHARIOT CONSULTING LIMITED


Registered Number 06676642

SWEET CHARIOT CONSULTING LIMITED

Abbreviated Accounts

31 October 2014

SWEET CHARIOT CONSULTING LIMITED Registered Number 06676642

Abbreviated Balance Sheet as at 31 October 2014

Notes 2014 2013
£ £
Current assets
Debtors 44,204 50,516
Cash at bank and in hand 5,884 12,022
50,088 62,538
Creditors: amounts falling due within one year (25,116) (26,267)
Net current assets (liabilities) 24,972 36,271
Total assets less current liabilities 24,972 36,271
Total net assets (liabilities) 24,972 36,271
Capital and reserves
Called up share capital 2 1 1
Profit and loss account 24,971 36,270
Shareholders' funds 24,972 36,271
  • For the year ending 31 October 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 directors acknowledge their 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 Board on 29 July 2015

And signed on their behalf by:
Mr A R Matthews, Director

SWEET CHARIOT CONSULTING LIMITED Registered Number 06676642

Notes to the Abbreviated Accounts for the period ended 31 October 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Other accounting policies
Pension costs
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

Deferred taxation
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Financial instruments
Financial assets such as cash and debtors are measured at the present value of the amounts receivable, less an allowance for the expected level of doubtful receivables. Financial liabilities such as trade creditors, loans and finance leases are measured at the present value of the obligation.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1 Ordinary shares of £1 each 1 1