SUSYHAMA LIMITED - Limited company accounts 11.4

REGISTERED NUMBER: 06755580 (England and Wales)

REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2013

FOR

SUSYHAMA LIMITED

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

S Hamandawana

SECRETARY:

S Hamandawana

REGISTERED OFFICE:

30 Squirrels Heath Road

Harold Wood

Romford

RM3 0LJ

REGISTERED NUMBER:

06755580 (England and Wales)

ACCOUNTANTS:

SAIRIDES ACCOUNTANCY SERVICES

6th Floor

Kingmaker House

Station Road

New Barnet

Hertfordshire

EN5 1NZ

The director presents her report with the financial statements of the company for the year ended 30 November 2013.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of social work.

DIRECTOR

S Hamandawana held office during the whole of the period from 1 December 2012 to the date of this report.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

S Hamandawana - Director

29 August 2014

TURNOVER

15,235

38,421

Administrative expenses

6,792

12,292

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION

2

8,443

26,129

Tax on profit on ordinary activities

3

1,719

5,229

PROFIT FOR THE FINANCIAL YEAR

6,724

20,900

FIXED ASSETS

Tangible assets

5

454

605

CURRENT ASSETS

Debtors

6

-

1,352

Cash at bank

-

2,218

-

3,570

CREDITORS

Amounts falling due within one year

7

7,415

7,560

NET CURRENT LIABILITIES

(7,415

)

(3,990

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,961

)

(3,385

)

CAPITAL AND RESERVES

Called up share capital

8

2

Profit and loss account

9

(6,963

)

(3,387

)

SHAREHOLDERS' FUNDS

(6,961

)

(3,385

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 29 August 2014 and were signed by:

S Hamandawana - Director

1.	ACCOUNTING POLICIES

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 services, excluding value added tax.

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 etc

-

25% on reducing balance

Deferred tax

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

date.

2.	OPERATING PROFIT

The operating profit is stated after charging:

30.11.13

30.11.12

£

Depreciation - owned assets

151

202

Director's remuneration and other benefits etc

2,616

5,062

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the year was as follows:

30.11.13

30.11.12

£

Current tax:

UK corporation tax

1,719

5,229

Tax on profit on ordinary activities

1,719

5,229

4.

DIVIDENDS

30.11.13

30.11.12

£

Ordinary shares of £1 each

Final

10,300

22,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2012

and 30 November 2013

1,656

DEPRECIATION

At 1 December 2012

1,051

Charge for year

151

At 30 November 2013

1,202

NET BOOK VALUE

At 30 November 2013

454

At 30 November 2012

605

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.13

30.11.12

£

Trade debtors

-

1,352

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.13

30.11.12

£

Bank loans and overdrafts

152

-

Taxation and social security

6,748

7,560

Other creditors

515

-

7,415

7,560

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.13

30.11.12

value:

£

2

Ordinary

£1

2

9.

RESERVES

Profit

and loss

account

£

At 1 December 2012

(3,387

)

Profit for the year

6,724

Dividends

(10,300

)

At 30 November 2013

(6,963

)