Abbreviated Company Accounts - SUSSEX ARTS MARKETING LIMITED

SUSSEX ARTS MARKETING LIMITED - Company Information

Registered Number 02710863

SUSSEX ARTS MARKETING LIMITED

Abbreviated Accounts

31 March 2015

SUSSEX ARTS MARKETING LIMITED Registered Number 02710863

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	3	-	298
		-	298
Current assets
Debtors		9,112	-
Cash at bank and in hand		11,678	2,763
		20,790	2,763
Creditors: amounts falling due within one year		(19,179)	(2,095)
Net current assets (liabilities)		1,611	668
Total assets less current liabilities		1,611	966
Total net assets (liabilities)		1,611	966
Reserves
Income and expenditure account		1,611	966
Members' funds		1,611	966

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 17 December 2015

And signed on their behalf by:
Mrs P J A Jarvis, Director

SUSSEX ARTS MARKETING LIMITED Registered Number 02710863

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 April 2008.

Turnover policy
Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.
Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment 25% Reducing balance

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 April 2014	12,464
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	12,464
Depreciation
At 1 April 2014	12,166
Charge for the year	298
On disposals	-
At 31 March 2015	12,464
Net book values
At 31 March 2015	0
At 31 March 2014	298