Strategic Leaps Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08008381 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 March 2014

for

STRATEGIC LEAPS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P Walton

Mrs B Walton

Miss R L Walton

T E C Walton

REGISTERED OFFICE:

5 Butts Road

HORSPATH

Oxfordshire

OX33 1RH

REGISTERED NUMBER:

08008381 (England and Wales)

ACCOUNTANTS:

Alvis & Company (Accountants) Limited

Milton House

33a Milton Road

Hampton

Middlesex

TW12 2LL

FIXED ASSETS

Tangible assets

2

4,253

3,718

CURRENT ASSETS

Debtors

23,227

1,775

Cash at bank

7,208

36,438

30,435

38,213

CREDITORS

Amounts falling due within one year

(20,368

)

(35,169

)

NET CURRENT ASSETS

10,067

3,044

TOTAL ASSETS LESS CURRENT LIABILITIES

14,320

6,762

PROVISIONS FOR LIABILITIES

(851

)

(744

)

NET ASSETS

13,469

6,018

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

13,369

5,918

SHAREHOLDERS' FUNDS

13,469

6,018

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 29 September 2014 and were signed on its behalf by:

P Walton - Director

Mrs B Walton - 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 goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

Deferred tax

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

balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

5,469

Additions

3,252

At 31 March 2014

8,721

DEPRECIATION

At 1 April 2013

1,751

Charge for year

2,717

At 31 March 2014

4,468

NET BOOK VALUE

At 31 March 2014

4,253

At 31 March 2013

3,718

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

£1

100

100