Abbreviated Company Accounts - SASCON VENTURES LIMITED

SASCON VENTURES LIMITED - Company Information

08245822 SASCON VENTURES LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true 08245822 2013-11-01 2014-10-31 08245822 2014-10-31 08245822 2013-10-31 08245822 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 08245822 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP shares

Registered Number 08245822

SASCON VENTURES LIMITED

Abbreviated Accounts

31 October 2014

SASCON VENTURES LIMITED Registered Number 08245822

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Current assets
Debtors		-	1,324
Cash at bank and in hand		26,697	1,361
		26,697	2,685
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(8,359)	(569)
Net current assets (liabilities)		18,338	2,116
Total assets less current liabilities		18,338	2,116
Total net assets (liabilities)		18,338	2,116
Capital and reserves
Called up share capital	2	145	145
Profit and loss account		18,193	1,971
Shareholders' funds		18,338	2,116

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 31 July 2015

And signed on their behalf by:
P Cobley, Director

SASCON VENTURES LIMITED Registered Number 08245822

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
Turnover represents net invoiced sales of goods, excluding value added tax.

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Expenditure on research and development is written off in the year in which it is incurred.

2Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
145 Ordinary shares of £1 each	145	145