Silentworld Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04029752 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2014

FOR

SILENTWORLD LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J Trigg

P O'Clery Clarke

P L Wood

SECRETARY:

J Trigg

REGISTERED OFFICE:

225 London Road

Burgess Hill

West Sussex

RH15 9QU

REGISTERED NUMBER:

04029752 (England and Wales)

ACCOUNTANTS:

Peter Lawson & Co.

225 London Road

Burgess Hill

West Sussex

RH15 9QU

FIXED ASSETS

Tangible assets

2

1,548

3,280

CURRENT ASSETS

Debtors

138,971

139,339

Cash at bank

3,109

3,404

142,080

142,743

CREDITORS

Amounts falling due within one year

133,367

128,518

NET CURRENT ASSETS

8,713

14,225

TOTAL ASSETS LESS CURRENT LIABILITIES

10,261

17,505

PROVISIONS FOR LIABILITIES

141

449

NET ASSETS

10,120

17,056

CAPITAL AND RESERVES

Called up share capital

3

300

300

Profit and loss account

9,820

16,756

SHAREHOLDERS' FUNDS

10,120

17,056

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 20th August 2015 and were signed on its behalf by:

J Trigg - Director

P O'Clery Clarke - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements are prepared in accordance with applicable accounting standards and under the

historical cost convention and include the results of the business' operations, all of which are continuing.

The principle accounting policies, which the directors have adopted, are set out below.

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2013

and 31st March 2014

20,276

DEPRECIATION

At 1st April 2013

16,996

Charge for year

1,732

At 31st March 2014

18,728

NET BOOK VALUE

At 31st March 2014

1,548

At 31st March 2013

3,280

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

300

Ordinary

1

300

300