SARA-INT LTD - Abbreviated accounts

Registered number

03942716

SARA-INT LTD

Abbreviated Accounts

31 March 2015

SARA-INT LTD

Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of SARA-INT LTD for the year ended 31 March 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of SARA-INT LTD for the year ended 31 March 2015 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.

W S Mantz & Co
Chartered Accountants

2 June 2016

SARA-INT LTD
Registered number:		03942716
Abbreviated Balance Sheet
as at 31 March 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		1,021,689			1,027,342

Current assets
Stocks		108,443			154,335
Debtors		73,072			378,681
Cash at bank and in hand		170,351			371,011
		351,866			904,027

Creditors: amounts falling due within one year		(693,566)			(681,532)

Net current (liabilities)/assets			(341,700)			222,495

Total assets less current liabilities			679,989			1,249,837

Creditors: amounts falling due after more than one year			(794,340)			(837,231)



Net (liabilities)/assets			(114,351)			412,606

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			(114,451)			412,506

Shareholder's funds			(114,351)			412,606

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.



Wlodzimierz Witkowski
Director
Approved by the board on 2 June 2016

SARA-INT LTD
Notes to the Abbreviated Accounts
for the year ended 31 March 2015

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 April 2008).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

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

	Fixtures & Office Equipment			25% reducing balance

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


2	Tangible fixed assets					£

	Cost
	At 1 April 2014					1,602,969
	Additions					65,549
	At 31 March 2015					1,668,518

	Depreciation
	At 1 April 2014					575,627
	Charge for the year					71,202
	At 31 March 2015					646,829

	Net book value
	At 31 March 2015					1,021,689
	At 31 March 2014					1,027,342


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		-		100		100