Savers Stop Limited - Accounts


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Registered Number : 09383813
England and Wales

 

 

 

SAVERS STOP LIMITED


Abbreviated Accounts
 


Period of accounts

Start date: 12 January 2015

End date: 31 January 2016
 
 
Notes
 
2016
£
Fixed assets    
Tangible fixed assets 2 3,246 
3,246 
Current assets    
Cash at bank and in hand (593)
Creditors: amount falling due within one year (27,774)
Net current assets (28,367)
Total assets less current liabilities (25,121)
Net assets (25,121)

Capital and reserves
   
Called up share capital 3 100 
Profit and loss account (25,221)
Shareholders funds (25,121)


For the period ended 31 January 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.
Signed on behalf of the board of directors


--------------------------------
Sumana Prasad Hegde
Director

Date approved by the board: 22 November 2016
1
1.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Tangible fixed assets

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:
Motor Vehicles 18% Reducing Balance
Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.

Tangible fixed assets

Cost or Valuation Motor Vehicles   Total
  £   £
At 12 January 2015 -    - 
Additions 3,959    3,959 
Disposals -    - 
At 31 January 2016 3,959    3,959 
Depreciation
At 12 January 2015 -    - 
Charge for period 713    713 
On disposals -    - 
At 31 January 2016 713    713 
Net book values
At 31 January 2016 3,246    3,246 
At 12 January 2015 -    - 


3.

Share Capital

Authorised
100 Class A shares of £1.00 each

Allotted
2016
£
100 Class A shares of £1.00 each 100 
100 

2