Staffing Made Simple (Kent) Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05805149 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

FOR

STAFFING MADE SIMPLE (KENT) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr M P Smith BA (Hons) FCA

Mr M G Smith BA (Hons)

SECRETARY:

Ms V A Coombs ACA FCCA

REGISTERED OFFICE:

12 Romney Place

Maidstone

Kent

ME15 6LE

REGISTERED NUMBER:

05805149 (England and Wales)

ACCOUNTANTS:

Mackenzies

Chartered Accountants

12 Romney Place

Maidstone

Kent

ME15 6LE

FIXED ASSETS

Tangible assets

2

2,490

2,124

CURRENT ASSETS

Debtors

215,936

202,871

Cash at bank

143,743

35,495

359,679

238,366

CREDITORS

Amounts falling due within one year

299,212

209,355

NET CURRENT ASSETS

60,467

29,011

TOTAL ASSETS LESS CURRENT LIABILITIES

62,957

31,135

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

62,857

31,035

SHAREHOLDERS' FUNDS

62,957

31,135

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 27 October 2015 and were signed on its behalf by:

Mr M G Smith BA (Hons) - 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

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

12,665

Additions

1,122

At 30 April 2015

13,787

DEPRECIATION

At 1 May 2014

10,541

Charge for year

756

At 30 April 2015

11,297

NET BOOK VALUE

At 30 April 2015

2,490

At 30 April 2014

2,124

3.	CALLED UP SHARE CAPITAL

The issued share capital at the beginning of the year consisted of 85 ordinary A shares of £1 each and 15

ordinary B shares of £1 each, the total share capital being £100.

On 30th June 2014 a resolution was passed to reclassified the 15 ordinary B shares as 15 ordinary A shares.

The issued share capital at the balance sheet date was 100 ordinary A shares of £1 each, the total share capital

being £100. All shares rank equally for voting rights and dividends.

4.	ULTIMATE PARENT COMPANY

The immediate parent company is Staffing Made Simple Limited which holds 100% of the issued share capital.

The shares in Staffing Made Simple Limited are owned by three different holding companies and an individual,

none of whom holds more than 50%, as such there is no ultimate parent company.