SAVANNAH DEVELOPMENT FOUNDATION LIMITED - Abbreviated accounts

Registered number

07324399

SAVANNAH DEVELOPMENT FOUNDATION LIMITED

Abbreviated Accounts

31 July 2015

SAVANNAH DEVELOPMENT FOUNDATION LIMITED
Registered number:		07324399
Abbreviated Balance Sheet
as at 31 July 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		354			292

Current assets
Cash at bank and in hand		9,217			9,326

Creditors: amounts falling due within one year		(350)			(450)

Net current assets			8,867			8,876

Net assets			9,221			9,168

Capital and reserves
Profit and loss account			9,221			9,168

Shareholders' funds			9,221			9,168

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mr Solomon Fubara
Director
Approved by the board on 9 September 2015

SAVANNAH DEVELOPMENT FOUNDATION LIMITED
Notes to the Abbreviated Accounts
for the year ended 31 July 2015

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery	20% straight line
	Motor vehicles	25% straight line

2	Tangible fixed assets		£

	Cost
	At 1 August 2014		712
	Additions		150
	At 31 July 2015		862

	Depreciation
	At 1 August 2014		420
	Charge for the year		88
	At 31 July 2015		508

	Net book value
	At 31 July 2015		354
	At 31 July 2014		292