Suplex IT Ltd - Period Ending 2015-02-28

Registration number: 06097676

Suplex IT Ltd

Unaudited Abbreviated Accounts

for the Year Ended 28 February 2015
 

MyAccountant.co.uk Limited
Whitefriars
Lewins Mead
Bristol
BS1 2NT

Suplex IT Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Suplex IT Ltd
(Registration number: 06097676)
Abbreviated Balance Sheet at 28 February 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					1,158			1,792
Current assets
Debtors					2,728			4,529
Cash at bank and in hand					50,363			34,924
					53,091			39,453
Creditors: Amounts falling due within one year					(25,406)			(20,037)
Net current assets					27,685			19,416
Net assets					28,843			21,208
Capital and reserves
Called up share capital		3			10			1
Profit and loss account					28,833			21,207
Shareholders' funds					28,843			21,208

For the year ending 28 February 2015 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 director acknowledges his 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 director on 3 August 2015

.........................................
Mr Shaid Hussain
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Suplex IT Ltd
Notes to the Abbreviated Accounts for the Year Ended 28 February 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	Straight line over 3 years

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 March 2014		4,845			4,845
Additions		863			863
Disposals		(2,266)			(2,266)
At 28 February 2015		3,442			3,442
Depreciation
At 1 March 2014		3,053			3,053
Charge for the year		1,147			1,147
Eliminated on disposals		(1,916)			(1,916)
At 28 February 2015		2,284			2,284
Net book value
At 28 February 2015		1,158			1,158
At 28 February 2014		1,792			1,792

Page 2

Suplex IT Ltd
Notes to the Abbreviated Accounts for the Year Ended 28 February 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		10			10			1			1

New shares allotted

During the period 9 ordinary shares with a nominal value of £1 was allotted for cash at par.

Page 3