Abbreviated Company Accounts - SMS PARTNERSHIP LTD

SMS PARTNERSHIP LTD - Company Information

NI069299 SMS PARTNERSHIP LTD 2015-05-31 false 2014-06-01 2015-05-31 true NI069299 2014-06-01 2015-05-31 NI069299 2015-05-31 NI069299 2014-05-31 NI069299 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 NI069299 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number NI069299

SMS PARTNERSHIP LTD

Abbreviated Accounts

31 May 2015

SMS PARTNERSHIP LTD Registered Number NI069299

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	6,386	8,508
		6,386	8,508
Current assets
Stocks		16,800	1,000
Debtors		-	15,315
Cash at bank and in hand		2,119	5,038
		18,919	21,353
Creditors: amounts falling due within one year		(18,171)	(22,808)
Net current assets (liabilities)		748	(1,455)
Total assets less current liabilities		7,134	7,053
Total net assets (liabilities)		7,134	7,053
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		7,133	7,052
Shareholders' funds		7,134	7,053

For the year ending 31 May 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 29 February 2016

And signed on their behalf by:
Victoria Stevenson, Director

SMS PARTNERSHIP LTD Registered Number NI069299

Notes to the Abbreviated Accounts for the period ended 31 May 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
Turnover represents total invoice value, excluding vat, of sales made during the year.

Tangible assets depreciation policy
Fixtures & Equipment - 10% straight line

2Tangible fixed assets

	£
Cost
At 1 June 2014	21,258
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	21,258
Depreciation
At 1 June 2014	12,750
Charge for the year	2,122
On disposals	-
At 31 May 2015	14,872
Net book values
At 31 May 2015	6,386
At 31 May 2014	8,508

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1