Samurai Incentives & Promotions Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05088365 (England and Wales)

Samurai Incentives & Promotions Limited

Abbreviated Unaudited Accounts

For The Year Ended 31st March 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

DIRECTORS:

I Kerr

S Dangel

A Bull

SECRETARY:

REGISTERED OFFICE:

Unit 81 Centaur Court

Claydon Business Park

Gt. Blakenham

Ipswich

Suffolk

IP6 0NL

REGISTERED NUMBER:

05088365 (England and Wales)

ACCOUNTANTS:

John Phillips & Co Limited

Accountants

Unit 81 Centaur Court

Claydon Business Park

Gt. Blakenham

Ipswich

Suffolk

IP6 0NL

FIXED ASSETS

Tangible assets

2

7,318

6,421

CURRENT ASSETS

Debtors

292,668

430,803

Cash at bank

270,920

140,615

563,588

571,418

CREDITORS

Amounts falling due within one year

187,300

179,627

NET CURRENT ASSETS

376,288

391,791

TOTAL ASSETS LESS CURRENT LIABILITIES

383,606

398,212

CAPITAL AND RESERVES

Called up share capital

3

73

73

Share premium

-

(49,966

)

Profit and loss account

383,533

448,105

SHAREHOLDERS' FUNDS

383,606

398,212

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2015 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 14th September 2015 and were signed on its behalf by:

I Kerr - 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.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2014

42,673

Additions

6,415

Disposals

(29,822

)

At 31st March 2015

19,266

DEPRECIATION

At 1st April 2014

36,252

Charge for year

3,233

Eliminated on disposal

(27,537

)

At 31st March 2015

11,948

NET BOOK VALUE

At 31st March 2015

7,318

At 31st March 2014

6,421

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

67

Ordinary

£1

67

67

6

Ordinary "B" Non-Voting

£1

6

6

73

73