SENSOR LINE LTD Accounts filed on 31-05-2015
SENSOR LINE LTD Accounts filed on 31-05-2015
SENSOR LINE LTD
Company Registration Number:
04651259 (England and Wales)
Abbreviated (Unaudited) Accounts
Period of accounts
Start date: 01st June 2014
End date: 31st May 2015
SUBMITTED
SENSOR LINE LTD
Company Information
for the Period Ended
31st May 2015
Director: |
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Company secretary: |
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Registered office: |
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Company Registration Number: |
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SENSOR LINE LTD
Abbreviated Balance sheet
As at 31st May 2015
Notes | 2015 £ |
2014 £ |
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Fixed assets | |||
Intangible assets: | 4 |
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Tangible assets: | 5 |
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Total fixed assets: |
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Current assets | |||
Cash at bank and in hand: |
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Total current assets: |
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Creditors | |||
Creditors: amounts falling due within one year | 6 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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The notes form part of these financial statements
SENSOR LINE LTD
Abbreviated Balance sheet
As at 31st May 2015
continued
Notes | 2015 £ |
2014 £ |
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Capital and reserves | |||
Called up share capital: | 7 |
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Profit and Loss account: |
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Total shareholders funds: |
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The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name: H C Dearden
Status: Director
The notes form part of these financial statements
SENSOR LINE LTD
Notes to the Abbreviated Accounts
for the Period Ended
31st May 2015
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1. Accounting policies
Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets 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 revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts. Tangible fixed assets depreciation policy
Depreciation is provided after taking account of any grants receivable, in equal installments, over its estimated useful lives of assets. The estimated useful lives are as follows: Computer and office equipment 2 years. Intangible fixed assets amortisation policy
Intangible fixed assets (including purchased goodwill) are amortised at rates calculated ti write off the assets on a straight line basis over their estimated useful economic lives, not exceeding twenty years. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. Valuation information and policy
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. Other accounting policies
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. Deferred taxation is calculated at the rates of tax that are expected to apply in the periods when the timing differences will reverse and has not been discounted.
SENSOR LINE LTD
Notes to the Abbreviated Accounts
for the Period Ended
31st May 2015
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4. Intangible assets
Total Cost £ At 01st June 2014: 1 Additions: 0 Disposals: 0 1 Amortisation £ At 01st June 2014: 0 Provided during the period: 0 At 31st May 2015: 0 Net book value £ At 31st May 2015: 1 At 31st May 2014: 1
SENSOR LINE LTD
Notes to the Abbreviated Accounts
for the Period Ended
31st May 2015
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5. Tangible assets
Total Cost £ At 01st June 2014: 457 Disposals: 329 At 31st May 2015: 128 Depreciation At 01st June 2014: 457 On disposals: 329 At 31st May 2015: 128 Net book value At 31st May 2015: 0 At 31st May 2014: 0
SENSOR LINE LTD
Notes to the Abbreviated Accounts
for the Period Ended
31st May 2015
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6. Creditors: amounts falling due within one year
2015
£2014
£Taxation and social security: 10,315 15,173 Total: 10,315 15,173