SV Financial Solutions Limited,Ltd - Accounts

SV Financial Solutions Limited,Ltd - Accounts

SV FINANCIAL SOLUTIONS LIMITED - Company Information

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2015-01-13 true false Private Limited Company 09385613 2016-01-31 09385613 2015-01-13 2016-01-31 09385613 uk-bus:Director1 2015-01-13 2016-01-31 09385613 uk-gaap:ComputerEquipment 2015-01-13 2016-01-31 09385613 uk-bus:OrdinaryShareClass1 2015-01-13 2016-01-31 iso4217:GBP
SV Financial Solutions Limited
For the period ended 31 January 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 09385613
2
Contents Page
SV Financial Solutions Limited
For the period ended 31 January 2016
1
Balance Sheet
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Notes to the Abbreviated Financial Statements
3
Abbreviated Balance Sheet
SV Financial Solutions Limited
As at 31 January 2016
09385613
Registered Number :
£
2016
Notes
Fixed assets
Tangible assets
2
187
187
Current assets
Debtors
14,500
Cash at bank and in hand
39,226
53,726
Creditors: amounts falling due within one year
(28,319)
25,407
Net current assets
Total assets less current liabilities
25,594
25,594
Net assets/liabilities
Capital and reserves
Called up share capital
100
3
Profit and loss account
25,494
25,594
Shareholders funds
For the period ended 31 January 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476;
2) 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.
Date approved by the board: 30 March 2016
Mr Scott Surridge Director
Signed on behalf of the board of directors
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4
Notes to the Abbreviated Financial Statements
SV Financial Solutions Limited
For the period ended 31 January 2016
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Pension Costs
The company operates a defined contribution pension scheme for the benefit of its directors/and employees.
Contributions payable are charged to the profit and loss account in the period in which they are payable.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment
25% Straight line
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
250
Additions
At 31 January 2016
250
Depreciation
63
Charge for period
63
At 31 January 2016
Net book values
At 31 January 2016
187
3 Share capital
Allotted called up and fully paid
2016
£
100 Ordinary shares of £1.00 each
100
100
100 Ordinary £1.00 shares have been issued during the period at par for a cash consideration of £100.
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5
Notes to the Abbreviated Financial Statements
SV Financial Solutions Limited
For the period ended 31 January 2016
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