Abbreviated Company Accounts - SMALL BUSINESS CENTRES LTD

SMALL BUSINESS CENTRES LTD - Company Information

Registered Number 02675712

SMALL BUSINESS CENTRES LTD

Abbreviated Accounts

31 December 2013

SMALL BUSINESS CENTRES LTD Registered Number 02675712

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	-	-
		-	-
Current assets
Debtors		3,717	3,599
Cash at bank and in hand		8,569	8,378
		12,286	11,977
Creditors: amounts falling due within one year		(12,056)	(1,990)
Net current assets (liabilities)		230	9,987
Total assets less current liabilities		230	9,987
Total net assets (liabilities)		230	9,987
Capital and reserves
Called up share capital	3	100	10,000
Profit and loss account		130	(13)
Shareholders' funds		230	9,987

For the year ending 31 December 2013 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 September 2014

And signed on their behalf by:
M O'Brien, Director

SMALL BUSINESS CENTRES LTD Registered Number 02675712

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and
trade discounts.

Tangible assets depreciation policy
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for
impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 33.33% Straight line
Fixtures and Fittings 25% Straight line

2Tangible fixed assets

	£
Cost
At 1 January 2013	3,178
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	3,178
Depreciation
At 1 January 2013	3,178
Charge for the year	-
On disposals	-
At 31 December 2013	3,178
Net book values
At 31 December 2013	0
At 31 December 2012	0

3Called Up Share Capital

In December 2013 the company reduced it's issued share capital from 10,000 ordinary shares to 100 ordinary shares to reflect reduced trading conditions, by taking advantage of the share reduction provisions of the Companies Act 2006.