Silversprings Laundry Services Limited,Ltd - Accounts

Silversprings Laundry Services Limited,Ltd - Accounts

SILVERSPRINGS LAUNDRY SERVICES LIMITED - Company Information

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2014-04-01 true false Private Limited Company 07976262 2015-03-31 07976262 2014-04-01 2015-03-31 07976262 2014-03-31 07976262 2013-04-01 2014-03-31 07976262 uk-bus:Director1 2014-04-01 2015-03-31 07976262 uk-gaap:PlantMachinery 2014-04-01 2015-03-31 07976262 uk-gaap:FixturesFittings 2014-04-01 2015-03-31 07976262 uk-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP
Silversprings Laundry Services Limited
For the year ended 31 March 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 07976262
2
Contents Page
Silversprings Laundry Services Limited
For the year ended 31 March 2015
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
Accountants' Report
For the year ended 31 March 2015
Silversprings Laundry Services Limited
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 31 March 2015 and you consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you
to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
Vernon Barrow Ltd
Wessex House
66 High Street
Honiton
Devon
EX14 1PD
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4
Abbreviated Balance Sheet
Silversprings Laundry Services Limited
As at 31 March 2015
07976262
Registered Number :
£
£
2015
Notes
2014
Fixed assets
Tangible assets
2
9,292
10,472
9,292
10,472
Current assets
Debtors
5,128
7,214
Cash at bank and in hand
2,521
2,693
9,735
7,821
Creditors: amounts falling due within one year
(10,064)
(15,251)
(2,243)
(5,516)
Net current liabilities
Total assets less current liabilities
3,776
8,229
(1,789)
(338)
Provisions for liabilities
1,987
Net assets
7,891
Capital and reserves
Profit and loss account
1,987
7,891
1,987
7,891
Shareholders funds
For the year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The director acknowledges his 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.
Date approved by the board: 24 June 2015
Ms J Ware Director
Signed on behalf of the board of directors
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5
Notes to the Abbreviated Financial Statements
For the year ended 31 March 2015
Silversprings Laundry Services Limited
1 Accounting Policies
Basis of accounting
The financial statements are 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.
Deferred taxation
Deferred taxation arises when items are charged or credited in accounts in different periods to those in which they are included in the company's tax computations.Deferred tax is provided in full on timing differences that result in an obligation to pay more (or less) tax at a future date. Deferred tax is calculated at the average rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The resulting deferred tax asset or liability is not discounted.
Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
by the shareholders prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
15% Reducing balance
Fixtures and Fittings
15% Reducing balance
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6
Notes to the Abbreviated Financial Statements
For the year ended 31 March 2015
Silversprings Laundry Services Limited
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
14,319
At 01 April 2014
460
Additions
At 31 March 2015
14,779
Depreciation
3,847
At 01 April 2014
1,640
Charge for year
5,487
At 31 March 2015
Net book values
At 31 March 2015
9,292
10,472
At 31 March 2014
3 Share capital
Allotted called up and fully paid
2015
2014
£
£
1 Ordinary shares of £1.00 each
1
1
1
1
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