SUBBY SOLUTIONS LTD - Abbreviated accounts 16.1

REGISTERED NUMBER: 07675456 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2015

for

SUBBY SOLUTIONS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

N Patel

REGISTERED OFFICE:

38 Oakleigh Avenue

Edgware

Middlesex

HA8 5DR

REGISTERED NUMBER:

07675456 (England and Wales)

ACCOUNTANTS:

Frasers Young Limited

Chartered Certified Accountants

Alpha House

646c Kingsbury Road

Kingsbury

London

NW9 9HN

FIXED ASSETS

Tangible assets

2

1,400

1,451

CURRENT ASSETS

Debtors

51,281

73,164

Cash at bank and in hand

91,351

99,147

142,632

172,311

CREDITORS

Amounts falling due within one year

(142,683

)

(172,668

)

NET CURRENT LIABILITIES

(51

)

(357

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,349

1,094

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

349

94

SHAREHOLDERS' FUNDS

1,349

1,094

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 15 April 2016 and were signed by:

N Patel - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, 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.

Computer equipment

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

2,388

Additions

416

At 31 July 2015

2,804

DEPRECIATION

At 1 August 2014

937

Charge for year

467

At 31 July 2015

1,404

NET BOOK VALUE

At 31 July 2015

1,400

At 31 July 2014

1,451

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.15

31.7.14

value:

£

£

1,000

Ordinary

£1000

1,000

1,000