SAVE HOVE LIMITED - Accounts

Registered number

08130079

SAVE HOVE LIMITED

Report and Accounts

31 July 2015

SAVE HOVE LIMITED

Report and accounts
Contents




Page

Company information	1
Director's report	2
Accountants' report	4
Profit and loss account	5
Balance sheet	6
Notes to the accounts	7

SAVE HOVE LIMITED

Company Information

Director

R. Gwena

Accountants

Rochvilles & Co.

411 Ilford Lane

Ilford

Essex

IG1 2SN

Registered number

08130079

73 fuller Road

Watford

WD24 6QJ

SAVE HOVE LIMITED

Registered number:			08130079
Director's Report

The director presents her report and accounts for the year ended 31 July 2015.

Principal activities
The company's principal activity during the year continued to be health and social services

Directors
The following persons served as directors during the year:

Runyararo Gwena

Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 7 October 2015.

Runyararo Gwena
Runyararo Gwena
Secretary

SAVE HOVE LIMITED

Accountants' Report


Accountants' report to the director of
SAVE HOVE LIMITED

You consider that the company is exempt from an audit for the year ended 31 July 2015. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

Rochvilles & Co.
Certified Accountants & Tax Advisors

411 Ilford Lane
Ilford
Essex
IG1 2SN

7th October 2015

SAVE HOVE LIMITED

Profit and Loss Account
for the year ended 31 July 2015


Notes		2015		2014
£			£

Turnover		69,455		66,098

Cost of sales		(1,100)		(908)

Gross profit		68,355		65,190

Administrative expenses		(65,999)		(63,693)

Operating profit	2	2,356		1,497


Profit on ordinary activities before taxation		2,356		1,497

Tax on profit on ordinary activities	3	(840)		-

Profit for the financial year		1,516		1,497

SAVE HOVE LIMITED

Balance Sheet
as at 31 July 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	4		6,902			8,748

Current assets
Cash at bank and in hand		580			2,843

Creditors: amounts falling due within one year	5	(3,406)			(9,031)

Net current liabilities			(2,826)			(6,188)

Net assets			4,076			2,560

Capital and reserves
Profit and loss account	6		4,076			2,560

Shareholder's funds			4,076			2,560

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her 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.




Runyararo Gwena
Director
Approved by the board on 7 October 2015.

SAVE HOVE LIMITED

Notes to the 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

	Stocks
	Stock is valued at the lower of cost and net realisable value.



	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.


2	Operating profit			2015		2014
£					£
	This is stated after charging:

	Depreciation of owned fixed assets			1,846		1,846


3	Taxation			2015		2014
£					£

	UK corporation tax			840		-


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 August 2014	390		12,050		12,440
	At 31 July 2015	390		12,050		12,440

	Depreciation
	At 1 August 2014	78		3,614		3,692
	Charge for the year	39		1,807		1,846
	At 31 July 2015	117		5,421		5,538

	Net book value
	At 31 July 2015	273		6,629		6,902
	At 31 July 2014	312		8,436		8,748


5	Creditors: amounts falling due within one year			2015		2014
£					£

	Other taxes and social security costs			-		624
	Other creditors			3,406		8,407
				3,406		9,031


6	Profit and loss account			2015
£

	At 1 August 2014			2,560
	Profit for the year			1,516

	At 31 July 2015			4,076