Saturn Projects Group Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04691068 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

Saturn Projects Group Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S Pickard

A Winterbottom

M Fish

I M Hall

SECRETARY:

S Pickard

REGISTERED OFFICE:

7.03 The Deco Building

Paintworks

Bath Road

Bristol

BS4 3EH

REGISTERED NUMBER:

04691068 (England and Wales)

ACCOUNTANTS:

Create Tax Solutions Limited

7.03, The Deco Building

Paintworks, Bath Road

Bristol

BS4 3EA

FIXED ASSETS

Investments

2

2,250

2,250

CURRENT ASSETS

Debtors

46,829

48,609

Cash at bank

132

96

46,961

48,705

CREDITORS

Amounts falling due within one year

22,684

6,114

NET CURRENT ASSETS

24,277

42,591

TOTAL ASSETS LESS CURRENT LIABILITIES

26,527

44,841

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

25,527

43,841

SHAREHOLDERS' FUNDS

26,527

44,841

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 September 2014 and were signed on its behalf by:

S Pickard - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of services, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line

basis over the period of the lease.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2013

and 31 December 2013

2,250

NET BOOK VALUE

At 31 December 2013

2,250

At 31 December 2012

2,250

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

1,000

Ordinary

£1

1,000

1,000

4.	RELATED PARTY DISCLOSURES

As at the balance sheet date Saturn Projects Group was owed £2,212 by Saturn Interiors, £16,415

by Saturn Imagineering and owed Saturn Projects Limited £10,248. All three were subsidiaries of

Saturn Projects Group by virtue of its shareholdings in each company respectively.

5.	GOING CONCERN

These accounts have been prepared on a going concern basis. This basis may no longer be

appropriate and the Company continues to rely on the support of the Directors.