Special Services Travel (SST) Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 03916564 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

SPECIAL SERVICES TRAVEL (SST) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr C D Verges

REGISTERED OFFICE:

Salisbury House

81 High Street

Potters Bar

Herefordshire

EN6 5AS

REGISTERED NUMBER:

03916564 (England and Wales)

ACCOUNTANTS:

Michael Filiou Plc

Chartered Certified Accountants

www.michaelfiliou.com

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

FIXED ASSETS

Tangible assets

2

3,761

4,346

Investments

3

123,189

123,189

126,950

127,535

CURRENT ASSETS

Stocks

6,907

8,056

Debtors

127,686

196,491

Cash at bank

63,373

65,784

197,966

270,331

CREDITORS

Amounts falling due within one year

300,133

345,879

NET CURRENT LIABILITIES

(102,167

)

(75,548

)

TOTAL ASSETS LESS CURRENT LIABILITIES

24,783

51,987

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

24,683

51,887

SHAREHOLDERS' FUNDS

24,783

51,987

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 10 December 2015 and were signed by:

Mr C D Verges - 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 amounts receivable from providing assistance to travel companies and to insurance

companies in fulfilling their obligations to repatriate medical cases.

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

Office equipmt

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

The charge for taxation takes into account taxation deferred as a result of timing differences between the

treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in

respect of all timing differences that have originated but not reversed at the balance sheet date.

However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely

than not that there will be suitable taxable profits from which the future reversal of the underlying timing

differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are

expected to apply in the periods in which the timing differences reverse, based on tax rates and laws enacted or

substantively enacted at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

9,272

Additions

669

At 31 March 2015

9,941

DEPRECIATION

At 1 April 2014

4,926

Charge for year

1,254

At 31 March 2015

6,180

NET BOOK VALUE

At 31 March 2015

3,761

At 31 March 2014

4,346

3.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2015

2014

£

£

Other investments

123,189

123,189

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

5.	CONTROLLING PARTY

The controlling party is Mr C D Verges.

He directly controls 100% of the issued ordinary share capital.