Soho Dispensers Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07096406 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Soho Dispensers Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

S E King

SECRETARY:

S T Ingrey

REGISTERED OFFICE:

Belfry House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

REGISTERED NUMBER:

07096406 (England and Wales)

ACCOUNTANTS:

Philip T. Chave & Co

Belfry House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

CURRENT ASSETS

Stocks

10,878

9,828

Debtors

11,082

2,233

Cash at bank

5,302

2,421

27,262

14,482

CREDITORS

Amounts falling due within one year

26,506

14,071

NET CURRENT ASSETS

756

411

TOTAL ASSETS LESS CURRENT LIABILITIES

756

411

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

656

311

SHAREHOLDERS' FUNDS

756

411

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 16 December 2015 and were signed by:

S E King - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on a going concern basis relying on the continued financial support of the director who is

confident of future profitable trading.

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Deferred tax

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100

3.	RELATED PARTY DISCLOSURES

S E King and S Ingrey are related parties to the company. The company paid management consultancy fees of £,6000

(2014: £4,4161) to S E King in the period ended 31 March 2015. During the period, loans were made to the company and

the balance due to the director S E King at 31 March 2015 was £7,920 (2014: £7,920) and S Ingrey was £1,980 (2014:

£1,980).

4.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S E King.