Ski Blanc Limited - Abbreviated accounts

SKI BLANC LIMITED - Company Information

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Registered number:

02540854

Ski Blanc Limited

Abbreviated Accounts

31 May 2015

FAI ACCOUNTANTS LTD

Chartered Certified Accountants

264 High Street

Beckenham

Kent

BR3 1DZ

Ski Blanc Limited

Contents




		Page

	Accountants' report	2

	Abbreviated balance sheet	3

	Notes to the abbreviated accounts	4 to 5

Ski Blanc Limited

Report to the directors on the preparation of the unaudited abbreviated accounts of Ski Blanc Limited for the year ended 31 May 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Ski Blanc Limited for the year ended 31 May 2015 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
This report is made solely to the Board of Directors of Ski Blanc Limited, as a body, in accordance with the terms of our engagement letter dated 22 May 2014. Our work has been undertaken solely to prepare for your approval the accounts of Ski Blanc Limited and state those matters that we have agreed to state to the Board of Directors of Ski Blanc Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ski Blanc Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Ski Blanc Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Ski Blanc Limited. You consider that Ski Blanc Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Ski Blanc Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the abbreviated accounts.

FAI ACCOUNTANTS LTD
Chartered Certified Accountants


264 High Street
Beckenham
Kent
BR3 1DZ

24 February 2016

Ski Blanc Limited
Registered number:			02540854
Abbreviated Balance Sheet
as at 31 May 2015

	Notes		2015			2014
£				£
Fixed assets
Tangible assets	2		79,539			81,189
Investments	3		2			2
			79,541			81,191

Current assets
Debtors		18,233			19,760
Cash at bank and in hand		68,402			26,747
		86,635			46,507

Creditors: amounts falling due within one year		(132,556)			(85,870)

Net current liabilities			(45,921)			(39,363)

Total assets less current liabilities			33,620			41,828

Creditors: amounts falling due after more than one year			(32,500)			(47,500)



Net assets/(liabilities)			1,120			(5,672)

Capital and reserves
Called up share capital	4		2			2
Profit and loss account			1,118			(5,674)

Shareholders' funds			1,120			(5,672)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.


______________________________________
Mr. Robert Mollison
Director
Approved by the board on 24 February 2016

Ski Blanc Limited
Notes to the Abbreviated Accounts
for the year ended 31 May 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

	Exemption from group accounts
	The company is exempt from the requirement to prepare consolidated accounts by virtue of its size, as it qualifies as as small group under the Companies Act 2006 S.383(1). These financial statements therefore present information about the Company as an individual undertaking rather than as a group.

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			25% Reducing balance
	Motor vehicles			25% Reducing balance

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

	Leasing and hire purchase commitments
	Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Rentals paid under operating leases are charged to income on a straight line basis over the lease term.










2	Tangible fixed assets					£

	Cost
	At 1 June 2014					159,308
	At 31 May 2015					159,308

	Depreciation
	At 1 June 2014					78,119
	Charge for the year					1,378
	On disposals					272
	At 31 May 2015					79,769

	Net book value
	At 31 May 2015					79,539
	At 31 May 2014					81,189


3	Investments					£

	Cost
	At 1 June 2014					2

	At 31 May 2015					2

	The company holds 20% or more of the share capital of the following companies:

Capital and							Profit (loss)
	Company	Shares held				reserves	for the year
		Class		%	£		£
	Meribel Properties Limited	Ordinary		66.67		26,344		(3,250)

4	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		2		2		2