Subow Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08097393 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

SUBOW LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs S Borowsky

Mr K A Borowsky

REGISTERED OFFICE:

21 Briar Fields

Weavering

Maidstone

Kent

ME14 5UZ

REGISTERED NUMBER:

08097393 (England and Wales)

ACCOUNTANTS:

Sandison Lang & Co

2 St Marys Road

Tonbridge

Kent

TN9 2LB

FIXED ASSETS

Tangible assets

2

5,572

7,429

CURRENT ASSETS

Debtors

60,422

57,967

Cash at bank

142,117

87,406

202,539

145,373

CREDITORS

Amounts falling due within one year

(32,082

)

(41,102

)

NET CURRENT ASSETS

170,457

104,271

TOTAL ASSETS LESS CURRENT LIABILITIES

176,029

111,700

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

175,929

111,600

SHAREHOLDERS' FUNDS

176,029

111,700

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 7 August 2014 and were signed on its behalf by:

Mr K A Borowsky - 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 goods, 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.

Fixtures and fittings

-

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

9,906

DEPRECIATION

At 1 April 2013

2,477

Charge for year

1,857

At 31 March 2014

4,334

NET BOOK VALUE

At 31 March 2014

5,572

At 31 March 2013

7,429

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100