Sarn Technologies Limited - Limited company - abbreviated - 11.0.0

Sarn Technologies Limited - Limited company - abbreviated - 11.0.0

RAZORBLUE IT (SCOTLAND) LTD - Company Information

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REGISTERED NUMBER: SC282039 (Scotland)
















Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Sarn Technologies Limited

Sarn Technologies Limited (Registered number: SC282039)

Contents of the Abbreviated Accounts
for the Year Ended 31 March 2014










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Sarn Technologies Limited

Company Information
for the Year Ended 31 March 2014







DIRECTORS: Mr G G Scott
Mr D J Welsh
Mr G B Brown



SECRETARY: Mr G G Scott



REGISTERED OFFICE: Springfield House
Laurelhill Business Park
Stirling
FK7 9JQ



REGISTERED NUMBER: SC282039 (Scotland)



ACCOUNTANTS: Campbell Dallas LLP
Chartered Accountants
15 Gladstone Place
Stirling
FK8 2NX



BANKERS: Royal Bank of Scotland
1 Roadside Village
Cumbernauld
Glasgow
G67 2SS
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Sarn Technologies Limited (Registered number: SC282039)

Abbreviated Balance Sheet
31 March 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 13,965 10,073

CURRENT ASSETS
Debtors 3 54,328 53,331
Cash at bank 79,423 70,660
133,751 123,991
CREDITORS
Amounts falling due within one year 74,493 72,436
NET CURRENT ASSETS 59,258 51,555
TOTAL ASSETS LESS CURRENT
LIABILITIES
73,223
61,628

CAPITAL AND RESERVES
Called up share capital 4 20,000 20,000
Profit and loss account 53,223 41,628
SHAREHOLDERS' FUNDS 73,223 61,628

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 notes form part of these abbreviated accounts

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Sarn Technologies Limited (Registered number: SC282039)

Abbreviated Balance Sheet - continued
31 March 2014


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 Board of Directors on 14 July 2014 and were signed on its behalf by:





Mr G G Scott - Director


The notes form part of these abbreviated accounts

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Sarn Technologies Limited (Registered number: SC282039)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2014


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 April 2008).

Turnover
Turnover consists of the sales value, excluding VAT, of work in the period under contracts to supply services
to third parties. It includes the relevant proportion of contract value for performance up to the period end.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 15% on cost
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to the profit and loss account in the period to which they relate.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2013 29,282
Additions 10,941
At 31 March 2014 40,223
DEPRECIATION
At 1 April 2013 19,209
Charge for year 7,049
At 31 March 2014 26,258
NET BOOK VALUE
At 31 March 2014 13,965
At 31 March 2013 10,073

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Sarn Technologies Limited (Registered number: SC282039)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2014


3. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 4,710 (2013 - £ 4,710 )

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
20,000 Ordinary £1 20,000 20,000

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