The Serious Trading Company Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01153709 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2014

for

The Serious Trading Company Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

B A Labbett

C J Labbett

S G Labbett

SECRETARY:

B A Labbett

REGISTERED OFFICE:

PO Box 207

Beggarhouse Lane

Horley

Surrey

RH6 0YJ

REGISTERED NUMBER:

01153709 (England and Wales)

ACCOUNTANTS:

Richard Morgan and Company

Chartered Accountants

59 Victoria Road

Surbiton

Surrey

KT6 4NQ

FIXED ASSETS

Tangible assets

2

-

110

Investments

3

200

200

200

310

CURRENT ASSETS

Debtors

23

3,890

Cash at bank

2,254,256

2,316,508

2,254,279

2,320,398

CREDITORS

Amounts falling due within one year

13,498

8,432

NET CURRENT ASSETS

2,240,781

2,311,966

TOTAL ASSETS LESS CURRENT LIABILITIES

2,240,981

2,312,276

CAPITAL AND RESERVES

Called up share capital

4

16,490

16,490

Profit and loss account

2,224,491

2,295,786

SHAREHOLDERS' FUNDS

2,240,981

2,312,276

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 27 August 2015 and were signed on its behalf by:

B A Labbett - 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 consultancy services invoiced in the year, together with sales of investments and completed

property developments.

Tangible fixed assets

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

Furniture & Equipment

-

25% on cost

2.	TANGIBLE FIXED ASSETS

Furniture

& Equipment

£

COST

At 1 January 2014

and 31 December 2014

3,224

DEPRECIATION

At 1 January 2014

3,114

Charge for year

110

At 31 December 2014

3,224

NET BOOK VALUE

At 31 December 2014

-

At 31 December 2013

110

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2014

and 31 December 2014

200

NET BOOK VALUE

At 31 December 2014

200

At 31 December 2013

200

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Associated company

Silvermaze Limited

Nature of business: Graphic design and printing

%

Class of shares:

holding

Ordinary

20.00

30.9.14

30.9.13

£

£

Aggregate capital and reserves

(73,971

)

(73,971

)

Profit for the year

7,654

7,654

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

16,490

Ordinary

£1

16,490

16,490