Speed 9570 Limited - Abbreviated accounts 16.1

Speed 9570 Limited - Abbreviated accounts 16.1


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REGISTERED NUMBER: 04709631 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

SPEED 9570 LIMITED

SPEED 9570 LIMITED (REGISTERED NUMBER: 04709631)






CONTENTS OF THE ABBREVIATED ACCOUNTS
For The Year Ended 31 December 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

SPEED 9570 LIMITED

COMPANY INFORMATION
For The Year Ended 31 December 2015







DIRECTORS: C Treacher
J H W Davis
A R Phillips





SECRETARY: Hambrook Limited





REGISTERED OFFICE: 5 Holmesland Drive
Botley
Southampton
Hampshire
SO30 2SH





REGISTERED NUMBER: 04709631 (England and Wales)





ACCOUNTANTS: Stone Osmond Limited
75 Bournemouth Road
Chandlers Ford
Eastleigh
Hampshire
SO53 3AP

SPEED 9570 LIMITED (REGISTERED NUMBER: 04709631)

ABBREVIATED BALANCE SHEET
31 December 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 150,400 170,400

CURRENT ASSETS
Cash at bank and in hand 10,858 5,183

CREDITORS
Amounts falling due within one year 41,378 73,739
NET CURRENT LIABILITIES (30,520 ) (68,556 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

119,880

101,844

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 119,780 101,744
SHAREHOLDERS' FUNDS 119,880 101,844

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 and authorised for issue by the Board of Directors on 11 May 2016 and were
signed on its behalf by:




C Treacher - Director



A R Phillips - Director


SPEED 9570 LIMITED (REGISTERED NUMBER: 04709631)

NOTES TO THE ABBREVIATED ACCOUNTS
For The Year Ended 31 December 2015

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.

Intangible assets
Intangible assets are amortised over the licence period.

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

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015
and 31 December 2015 200,000
AMORTISATION
At 1 January 2015 29,600
Amortisation for year 20,000
At 31 December 2015 49,600
NET BOOK VALUE

At 31 December 2015 150,400
At 31 December 2014 170,400

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100