Accounts filed on 31-08-2015

Accounts filed on 31-08-2015

SMARTSENSOR LABS LIMITED - Company Information

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SMARTSENSOR LABS LIMITED

Company Registration Number:
09174947 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 14 August 2014

End date: 31 August 2015

SMARTSENSOR LABS LIMITED

Abbreviated Balance sheet

As at 31 August 2015


Notes		 13 months to
31 Aug 2015
£
Fixed assets
Intangible assets: 0
Tangible assets: 0
Total fixed assets: 0
Current assets
Stocks: 0
Debtors: 0
Cash at bank and in hand: 6,682
Total current assets: 6,682
Creditors: amounts falling due within one year: 0
Net current assets (liabilities): 6,682
Total assets less current liabilities: 6,682
Creditors: amounts falling due after more than one year: 0
Provision for liabilities: 0
Total net assets (liabilities): 6,682

The notes form part of these financial statements

SMARTSENSOR LABS LIMITED

Balance sheet continued

As at 31 August 2015


Notes		 13 months to
31 Aug 2015
£
Capital and reserves
Called up share capital: 2 1
Revaluation reserve: 0
Profit and loss account: 6,681
Shareholders funds: 6,682

For the year ending 31 August 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.

The financial statements were approved by the Board of Directors on 11 May 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Edward William Mellor
Status: Director

The notes form part of these financial statements

SMARTSENSOR LABS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities 2008.

    Turnover policy

    The turnover represents amounts receivable for goods and services net of VAT and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation is calculated at the following rates to write off the cost of an asset, less its residual value, over its estimated useful economic lifetime - annual deprecation of computer equipment is 25% of cost.

    Intangible fixed assets amortisation policy

    Amortisation is calculated at the following rates to write off the cost of an asset, less its residual value, over its estimated useful economic lifetime – annual amortisation of goodwill is 25%.

    Valuation information and policy

    Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and overheads.

SMARTSENSOR LABS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 2. Called up share capital

    Allotted, called up and paid

    Current period 13 months to
    31 Aug 2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1 1.00 1
    Preference shares: 0 0.00 0
    Total share capital (£): 1