Speedytri Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08529312 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2015

for

Speedytri Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A P Bowden

REGISTERED OFFICE:

122 Feering Hill

Feering

Colchester

Essex

CO5 9PY

REGISTERED NUMBER:

08529312 (England and Wales)

ACCOUNTANTS:

Granite Morgan Smith Limited

122 Feering Hill

Feering

Colchester

Essex

CO5 9PY

FIXED ASSETS

-

Tangible assets

2

600

CURRENT ASSETS

876

Debtors

577

691

Cash at bank

871

1,567

1,448

CREDITORS

1,495

Amounts falling due within one year

1,274

72

NET CURRENT ASSETS

174

72

TOTAL ASSETS LESS CURRENT LIABILITIES

774

-

PROVISIONS FOR LIABILITIES

120

72

NET ASSETS

654

CAPITAL AND RESERVES

2

Called up share capital

3

2

70

Profit and loss account

652

72

SHAREHOLDERS' FUNDS

654

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 24 February 2016 and were signed by:

A P Bowden - Director

1.	ACCOUNTING POLICIES

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 services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all 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.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

800

At 31 May 2015

800

DEPRECIATION

Charge for year

200

At 31 May 2015

200

NET BOOK VALUE

At 31 May 2015

600

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

£

1

Ordinary

1

1

1

1

Ordinary A

1

1

1

2

2

The ordinary A share has no voting rights and is not entitled to participate in the assets on a winding up.

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 May 2015 and the period

ended 31 May 2014:

31.5.15

31.5.14

£

£

A P Bowden

Balance outstanding at start of year

336

-

Amounts advanced

577

336

Amounts repaid

(336

)

-

Balance outstanding at end of year

577

336