Abbreviated Company Accounts - S-THETICS LIMITED

Registered Number 06156840

S-THETICS LIMITED

Abbreviated Accounts

31 March 2015

S-THETICS LIMITED Registered Number 06156840

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	16,996	-
		16,996	-
Current assets
Debtors		19,670	2,500
Cash at bank and in hand		19,337	41,658
		39,007	44,158
Creditors: amounts falling due within one year		(16,246)	(21,176)
Net current assets (liabilities)		22,761	22,982
Total assets less current liabilities		39,757	22,982
Creditors: amounts falling due after more than one year		(20,000)	-
Total net assets (liabilities)		19,757	22,982
Capital and reserves
Called up share capital		1	1
Profit and loss account		19,756	22,981
Shareholders' funds		19,757	22,982

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 31 December 2015

And signed on their behalf by:
Dr S Balaratnam, Director

S-THETICS LIMITED Registered Number 06156840

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
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings 25% on written down value
Equipment 25% on written down value

2Tangible fixed assets

	£
Cost
At 1 April 2014	-
Additions	22,661
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	22,661
Depreciation
At 1 April 2014	-
Charge for the year	5,665
On disposals	-
At 31 March 2015	5,665
Net book values
At 31 March 2015	16,996
At 31 March 2014	-