SASUNI INCORPORATED LTD - Abbreviated accounts

SASUNI INCORPORATED LIMITED - Company Information

Registered number

03588886

SASUNI INCORPORATED LTD

Abbreviated Accounts

31 December 2013

SASUNI INCORPORATED LTD
Registered number:		03588886
Abbreviated Balance Sheet
as at 31 December 2013

Notes			2013			2012
£				£
Fixed assets
Tangible assets	2		5,329			7,705

Current assets
Debtors		109,882			113,706
Cash at bank and in hand		614			635
		110,496			114,341

Creditors: amounts falling due within one year		(1,897)			(5,198)

Net current assets			108,599			109,143

Net assets			113,928			116,848

Capital and reserves
Called up share capital	3		2			2
Profit and loss account			113,926			116,846

Shareholder's funds			113,928			116,848

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 her 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.



S. A. Spencer
Director
Approved by the board on 20 August 2014

SASUNI INCORPORATED LTD
Notes to the Abbreviated Accounts
for the year ended 31 December 2013

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.

	Plant and machinery			25% straight line


	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

	Leasing and hire purchase commitments
	Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Rentals paid under operating leases are charged to income on a straight line basis over the lease term.


2	Tangible fixed assets					£

	Cost
	At 1 January 2013					11,349
	At 31 December 2013					11,349

	Depreciation
	At 1 January 2013					3,644
	Charge for the year					2,376
	At 31 December 2013					6,020

	Net book value
	At 31 December 2013					5,329
	At 31 December 2012					7,705


3	Share capital	Nominal		2013		2013		2012
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		2		2		2