Say It Loud Marketing Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04311772 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2015

for

Say It Loud Marketing Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss M Fletcher

REGISTERED OFFICE:

41b Beach Road

Littlehampton

West Sussex

BN17 5JA

REGISTERED NUMBER:

04311772 (England and Wales)

ACCOUNTANTS:

Reeves Wilkinson Limited trading as Botting & Co

Chartered Certified Accountants

41b Beach Road

Littlehampton

West Sussex

BN17 5JA

FIXED ASSETS

Tangible assets

2

3,075

4,099

CURRENT ASSETS

Debtors

20,343

30,980

Cash at bank

10,814

5,972

31,157

36,952

CREDITORS

Amounts falling due within one year

42,862

44,179

NET CURRENT LIABILITIES

(11,705

)

(7,227

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,630

)

(3,128

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(8,631

)

(3,129

)

SHAREHOLDERS' FUNDS

(8,630

)

(3,128

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 3 March 2016 and were signed by:

Miss M Fletcher - 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 goods and services, excluding value added tax, except in respect of

service contracts where turnover is recognised when the company obtains the right to consideration.

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 reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

22,941

DEPRECIATION

At 1 October 2014

18,842

Charge for year

1,024

At 30 September 2015

19,866

NET BOOK VALUE

At 30 September 2015

3,075

At 30 September 2014

4,099

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

£

1

Ordinary

£1

1

1

4.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £19,678 (2014 - £30,301) from Digicare UK Ltd which has the

same director as Say It Loud Marketing Ltd.

During the year, Digicare UK Limited charged the company £10,000 for management services.

5.	ULTIMATE CONTROLLING PARTY

The company is controlled by Peter Crane.

6.	GOING CONCERN

At the balance sheet date the company had net current liabilities of £11,705 (2014 - £7,227) and net liabilities of

£8,630 (2014 - £3,128).

The going concern assumption is based on the continuing support of P Crane.