Seba Digital Limited - Abbreviated accounts

Registered number

07798152

Seba Digital Limited

Abbreviated Accounts

31 March 2016

Seba Digital Limited

Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Seba Digital Limited for the year ended 31 March 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Seba Digital Limited for the year ended 31 March 2016 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.

Manaktala & Co Limited
Chartered Accountants
17 Leeland Mansions
Leeland Road
West Ealing
London
W13 9HE

12 May 2016

Seba Digital Limited
Registered number:		07798152
Abbreviated Balance Sheet
as at 31 March 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		3,747			4,824

Current assets
Stocks		89,431			71,778
Debtors		12,573			9,635
Cash at bank and in hand		3,546			5,555
		105,550			86,968

Creditors: amounts falling due within one year		(92,869)			(68,894)

Net current assets			12,681			18,074

Total assets less current liabilities			16,428			22,898

Creditors: amounts falling due after more than one year			-			(13,904)



Net assets			16,428			8,994

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			16,328			8,894

Shareholders' funds			16,428			8,994

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mr Bharat Bhusan Rana
Director
Approved by the board on 12 May 2016

Seba Digital Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax, in respect of goods and services provided to customers.

	Stocks
	Stock is valued by the directors at the lower of cost and net realisable value.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Office equipment and fittings			20% reducing balance basis
	Motor van			25% reducing balance basis


2	Tangible fixed assets					£

	Cost
	At 1 April 2015					8,266
	At 31 March 2016					8,266

	Depreciation
	At 1 April 2015					3,442
	Charge for the year					1,077
	At 31 March 2016					4,519

	Net book value
	At 31 March 2016					3,747
	At 31 March 2015					4,824


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100