Abbreviated Company Accounts - SCI CENTRAL LIMITED

SCI CENTRAL LIMITED - Company Information

05364049 SCI CENTRAL LIMITED 2015-03-31 false 2014-03-01 2015-03-31 true 05364049 2014-03-01 2015-03-31 05364049 2015-03-31 05364049 2014-02-28 05364049 uk-gaap-cd-bus:Director1 2014-03-01 2015-03-31 05364049 uk-gaap-cd-bus:Director2 2014-03-01 2015-03-31 uk-gaap-cd-bus:Director3 2014-03-01 2015-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:Director3 2014-02-28 uk-gaap-cd-bus:Director4 2014-03-01 2015-03-31 uk-gaap-cd-bus:Director4 2015-03-31 uk-gaap-cd-bus:Director4 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 iso4217:GBP shares

Registered Number 05364049

SCI CENTRAL LIMITED

Abbreviated Accounts

31 March 2015

SCI CENTRAL LIMITED Registered Number 05364049

Abbreviated Balance Sheet as at 31 March 2015

	Notes	31/03/2015	28/02/2014
		£	£
Fixed assets
Tangible assets	2	140,230	124,623
Investments	3	6	6
		140,236	124,629
Current assets
Debtors		814,521	446,994
Cash at bank and in hand		290,277	212,677
		1,104,798	659,671
Creditors: amounts falling due within one year		(688,750)	(503,628)
Net current assets (liabilities)		416,048	156,043
Total assets less current liabilities		556,284	280,672
Provisions for liabilities		(10,900)	(7,650)
Total net assets (liabilities)		545,384	273,022
Capital and reserves
Called up share capital	4	5	5
Other reserves		1	1
Profit and loss account		545,378	273,016
Shareholders' funds		545,384	273,022

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 October 2015

And signed on their behalf by:
C Dale, Director

SCI CENTRAL LIMITED Registered Number 05364049

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
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.

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

Leasehold property Over the term of the lease
Plant and machinery 25% reducing balance/straight line
Motor vehicles 25% reducing balance

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

Leasing and hire purchase commitments
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

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.

2Tangible fixed assets

	£
Cost
At 1 March 2014	198,321
Additions	46,671
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	244,992
Depreciation
At 1 March 2014	73,698
Charge for the year	31,064
On disposals	-
At 31 March 2015	104,762
Net book values
At 31 March 2015	140,230
At 28 February 2014	124,623

3Fixed assets Investments
The company holds 20% or more of the share capital of the following companies:

Capital and Profit (loss)
Company Shares held reserves for the year
Class % £ £
Saints Central Insure Limited Ordinary 100 6 (258)

4Called Up Share Capital
Allotted, called up and fully paid:

	31/03/2015 £	28/02/2014 £
5 Ordinary shares of £1 each	5	5

5Transactions with directors

Name of director receiving advance or credit:	M A G Somervail
Description of the transaction:	Director's loan account
Balance at 1 March 2014:	£ 425
Advances or credits made:	£ 182,417
Advances or credits repaid:	£ 182,842
Balance at 31 March 2015:	£ 0

Name of director receiving advance or credit:	C P H Dale
Description of the transaction:	Director's loan account
Balance at 1 March 2014:	£ 1,139
Advances or credits made:	£ 180,917
Advances or credits repaid:	£ 182,056
Balance at 31 March 2015:	£ 0