Santura Limited - Period Ending 2015-12-31

Registration number: 01698378

 
  Santura Limited
 
 
  Unaudited Abbreviated Accounts
 
 
  Year Ended 31 December 2015
 

Page Kirk LLP
Chartered Accountants
Sherwood House
7 Gregory Boulevard
Nottingham
NG7 6LB

Santura Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

Santura Limited
  Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts Year Ended 31 December 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Santura Limited for the year ended 31 December 2015 set out on pages 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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Santura Limited , as a body, in accordance with the terms of our engagement letter dated 29 May 2013 . Our work has been undertaken solely to prepare for your approval the accounts of Santura Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation . To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Santura Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Santura Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Santura Limited. You consider that Santura Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Santura Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Page Kirk LLP
Chartered Accountants
Sherwood House
7 Gregory Boulevard
Nottingham
NG7 6LB

28 September 2016

Page 1

Santura Limited
Abbreviated Balance Sheet
31 December 2015

		Note			2015						(As restated) 2014
	£			£			£			£
Fixed assets
Tangible fixed assets								252,821						252,821
Current assets
Stocks					81,937						83,409
Debtors					3,749						819
Cash at bank and in hand					1,187						468
					86,873						84,696
Creditors: Amounts falling due within one year					(239,905)						(203,791)
Net current liabilities								(153,032)						(119,095)
Total assets less current liabilities								99,789						133,726
Creditors: Amounts falling due after more than one year								(8,624)						(8,624)
Net assets								91,165						125,102
Capital and reserves
Called up share capital		3			50,000						50,000
Capital redemption reserve					3						3
Profit and loss account					41,162						75,099
Shareholders' funds								91,165						125,102

  The notes on pages 4 to 5 form an integral part of these financial statements.
  Page 2

Santura Limited
Abbreviated Balance Sheet (continued)
31 December 2015

For the year ending 31 December 2015 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the director on 28 September 2016

.........................................
 Mrs Y A Hopcroft
 DirectorCompany registration number: 01698378
 

  The notes on pages 4 to 5 form an integral part of these financial statements.
  Page 3

Santura Limited
Notes to the Abbreviated Accounts
Year Ended 31 December 2015

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).This is the first year that the financial statements have been prepared in accordance with the FRSSE 2015. There are no material transactional adjustments.
 

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is calculated as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset

Asset class	Depreciation method and rate
Office equipment	25% straight line

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 4

Santura Limited
Notes to the Abbreviated Accounts
Year Ended 31 December 2015

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 January 2015		254,616			254,616
At 31 December 2015		254,616			254,616
Depreciation
At 1 January 2015		1,795			1,795
At 31 December 2015		1,795			1,795
Net book value
At 31 December 2015		252,821			252,821
At 31 December 2014		252,821			252,821

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		50,000			50,000			50,000			50,000

Page 5