Silver Lining Solutions Limited - Limited company - abbreviated - 11.9
Silver Lining Solutions Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| FOR |
| SILVER LINING SOLUTIONS LIMITED |
| SILVER LINING SOLUTIONS LIMITED (REGISTERED NUMBER: 03788040) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| SILVER LINING SOLUTIONS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| SILVER LINING SOLUTIONS LIMITED (REGISTERED NUMBER: 03788040) |
| ABBREVIATED BALANCE SHEET |
| 28 FEBRUARY 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
5 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Share premium |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| SILVER LINING SOLUTIONS LIMITED (REGISTERED NUMBER: 03788040) |
| ABBREVIATED BALANCE SHEET - continued |
| 28 FEBRUARY 2015 |
| The financial statements were approved by the Board of Directors on its behalf by: |
| SILVER LINING SOLUTIONS LIMITED (REGISTERED NUMBER: 03788040) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| 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). |
| Preparation of consolidated financial statements |
| The financial statements contain information about Silver Lining Solutions Limited as an individual |
| company and do not contain consolidated financial information as the parent of a group. The company |
| has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated |
| financial statements. |
| Turnover |
| Turnover represents net invoiced sales of goods and services , excluding value added tax, and is |
| recognised by the company in respect of goods and services supplied during the year. |
| Intangible fixed assets |
| Amortisation is provided annually at 33.33% on cost to write off each asset over its estimated useful |
| life. |
| Tangible fixed assets |
| Office equipment | - |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at |
| the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of |
| exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at |
| the operating result. |
| Pension costs and other post-retirement benefits |
| Contributions payable for the year are charged in the profit & loss account. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 March 2014 |
| Additions |
| At 28 February 2015 |
| AMORTISATION |
| At 1 March 2014 |
| Amortisation for year |
| At 28 February 2015 |
| NET BOOK VALUE |
| At 28 February 2015 |
| At 28 February 2014 |
| SILVER LINING SOLUTIONS LIMITED (REGISTERED NUMBER: 03788040) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 March 2014 |
| Additions |
| At 28 February 2015 |
| DEPRECIATION |
| At 1 March 2014 |
| Charge for year |
| At 28 February 2015 |
| NET BOOK VALUE |
| At 28 February 2015 |
| At 28 February 2014 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| Additions | 55 |
| At 28 February 2015 | 55 |
| NET BOOK VALUE |
| At 28 February 2015 |
| The company's investments at the Balance Sheet date in the share capital of companies include the |
| following: |
| Country of incorporation: Australia |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| Silver Lining Solutions APAC Pty Ltd's first financial period ends 30 June 2015 |
| 5. | CREDITORS |
| Creditors include an amount of £ |
| SILVER LINING SOLUTIONS LIMITED (REGISTERED NUMBER: 03788040) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | 1p |
| Ordinary C Shares | 1p |
| Preferred A Shares | 1p |
| 9,483 | 9,483 |
| 7. | CONTROLLING PARTY |
| No individual party exercises absolute control of the issued share capital of the company. |
| 8. | GOING CONCERN |
| Budgets prepared for the following accounting year indicate that the company will have a positive cash |
| flow for the ensuing year. The accounts have therefore been prepared on a going concern basis. |