Accounts filed on 31-05-2016

Accounts filed on 31-05-2016

SHERBERT RESEARCH LIMITED - Company Information

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046615182015-06-012016-05-31falsetruehttp://www.companieshouse.gov.uk/cd:Director12015-06-012016-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-06-012016-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2016-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-06-012016-05-31http://www.companieshouse.gov.uk/2014-06-012015-05-31http://www.companieshouse.gov.uk/2015-06-012016-05-31http://www.companieshouse.gov.uk/2015-05-31http://www.companieshouse.gov.uk/2016-05-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-06-012016-05-31http://www.companieshouse.gov.uk/2015-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04661518
SHERBERT RESEARCH LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/05/2016
Prepared By:
Lewin Accounts Limited
Mercury House
19-21 Chapel St
Marlow
Bucks
SL7 3HN

SHERBERT RESEARCH LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/05/2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 04661518

SHERBERT RESEARCH LIMITED
Registered Number: 04661518
BALANCE SHEET AT 31/05/2016
20162015
Notes££
FIXED ASSETS
CURRENT ASSETS
Debtors (amounts falling due within one year)339,87543,224
Cash at bank and in hand129,176209,758
169,051252,982
CREDITORS: Amounts falling due within one year23,50343,044
NET CURRENT ASSETS145,548209,938
TOTAL ASSETS LESS CURRENT LIABILITIES145,548209,938
CAPITAL AND RESERVES
Called up share capital433
Profit and loss account145,545209,935
SHAREHOLDERS' FUNDS145,548209,938
For the year ending 31/05/2016 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.
Approved by the board on 15/06/2016 and signed on their behalf by
NR KARET
Director

SHERBERT RESEARCH LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2016
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance %
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/06/201531,50731,507
At 31/05/201631,50731,507
Depreciation
At 01/06/201531,50731,507
At 31/05/201631,50731,507
Net Book Amounts
At 31/05/2016--

SHERBERT RESEARCH LIMITED
3. DEBTORS 20162015
££
Amounts falling due within one year:
Trade debtors36,60540,824
Other debtors3,2702,400
39,87543,224
4. SHARE CAPITAL 20162015
££
Allotted, issued and fully paid:
300 Ordinary shares of £0.01 each33
33
5. RELATED PARTY TRANSACTIONS
A dividend of £42,400 was paid to Ms N Karet
6. CONTROLLING PARTY
Ms N Karet controls the company by virtue of her holding of 67% of the ordinary share capital