Abbreviated Company Accounts - SAVILLE ART LIMITED

SAVILLE ART LIMITED - Company Information

06868464 SAVILLE ART LIMITED 2015-02-28 false 2014-03-01 2015-02-28 true 06868464 2014-03-01 2015-02-28 06868464 2015-02-28 06868464 2014-02-28 06868464 uk-gaap-cd-bus:Director1 2014-03-01 2015-02-28 06868464 uk-gaap-cd-bus:Director2 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 iso4217:GBP shares

Registered Number 06868464

SAVILLE ART LIMITED

Abbreviated Accounts

28 February 2015

SAVILLE ART LIMITED Registered Number 06868464

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Current assets
Debtors		387,045	1,211,857
Cash at bank and in hand		2,433,346	1,013,638
		2,820,391	2,225,495
Creditors: amounts falling due within one year		(448,384)	(211,844)
Net current assets (liabilities)		2,372,007	2,013,651
Total assets less current liabilities		2,372,007	2,013,651
Total net assets (liabilities)		2,372,007	2,013,651
Capital and reserves
Called up share capital	2	1	1
Profit and loss account		2,372,006	2,013,650
Shareholders' funds		2,372,007	2,013,651

For the year ending 28 February 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 30 November 2015

And signed on their behalf by:
Ms Jennifer Saville, Director

SAVILLE ART LIMITED Registered Number 06868464

Notes to the Abbreviated Accounts for the period ended 28 February 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 April 2008.

Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for services rendered net of VAT .

Other accounting policies
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1