Abbreviated Company Accounts - SAPISAD OR LIMITED

SAPISAD OR LIMITED - Company Information

Registered Number 05782867

SAPISAD OR LIMITED

Abbreviated Accounts

31 December 2013

SAPISAD OR LIMITED Registered Number 05782867

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		€	€
Fixed assets
Intangible assets	2	431	539
Tangible assets	3	64,786	74,120
		65,217	74,659
Current assets
Stocks		133,650	96,485
Debtors		22,293	25,397
Cash at bank and in hand		8,858	8,113
		164,801	129,995
Prepayments and accrued income		713	5,564
Creditors: amounts falling due within one year		(36,134)	(33,211)
Net current assets (liabilities)		129,380	102,348
Total assets less current liabilities		194,597	177,007
Creditors: amounts falling due after more than one year		(36,134)	(33,211)
Provisions for liabilities		(2,600)	(2,600)
Total net assets (liabilities)		155,863	141,196
Capital and reserves
Called up share capital		150	150
Profit and loss account		155,713	141,046
Shareholders' funds		155,863	141,196

For the year ending 31 December 2013 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 2013

And signed on their behalf by:
Monika Pritz, Director

SAPISAD OR LIMITED Registered Number 05782867

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 comprises the invoiced value of goods and services supplied by the company, exclusive of Value Added Tax.

2Intangible fixed assets

	€
Cost
At 1 January 2013	539
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	539
Amortisation
At 1 January 2013	-
Charge for the year	108
On disposals	-
At 31 December 2013	108
Net book values
At 31 December 2013	431
At 31 December 2012	539

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the German tax law.

3Tangible fixed assets

	€
Cost
At 1 January 2013	74,120
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	74,120
Depreciation
At 1 January 2013	-
Charge for the year	9,334
On disposals	-
At 31 December 2013	9,334
Net book values
At 31 December 2013	64,786
At 31 December 2012	74,120

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the German tax law.