| SALLYATHOME LTD |
| Company Number 05844760 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
|
Note |
|
|
2016 |
|
|
2015 |
|
|
|
|
£ |
|
|
£ |
| FIXED ASSETS |
| Tangible assets |
2 |
|
|
1,669 |
|
|
2,075 |
|
| CURRENT ASSETS |
| Debtors |
|
|
4,662 |
|
|
5,452 |
| Cash at bank and in hand |
|
|
153 |
|
|
3,381 |
|
|
|
4,815 |
|
|
8,833 |
| CREDITORS: amounts falling due within one year |
|
|
(11,312) |
|
|
(11,753) |
|
| NET CURRENT LIABILITIES |
|
|
|
(6,497) |
|
|
(2,920) |
|
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|
(4,828) |
|
|
(845) |
|
| PROVISIONS FOR LIABILITIES |
| Deferred tax |
|
|
|
(334) |
|
|
(415) |
| NET LIABILITIES |
|
|
|
£(5,162) |
|
|
£(1,260) |
|
|
|
|
|
|
|
|
| CAPITAL AND RESERVES |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
(5,163) |
|
|
(1,261) |
| SHAREHOLDER'S FUNDS |
|
|
|
£(5,162) |
|
|
£(1,260) |
|
|
|
|
|
|
|
|
| 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 ensuring that the company keeps accounting records which comply with sections 386 and 387 of the Companies Act 2006 and for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the year and of its profit or loss for the financial year in accordance with the requirements of section 396 and which otherwise comply with the requirements of the Companies Act 2006 relating to the accounts so far as applicable to the company. |
| The abbreviated accounts have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. |
|
| ........................................ |
| Ms S. A. Marshall |
| Director |
Approved by the board on 23 December 2016 |
|
| SALLYATHOME LTD |
| Company Number 05844760 |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 1 |
ACCOUNTING POLICIES |
|
|
1.1 Basis of preparation of financial statements |
|
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). The company was incorporated on 13 June 2006 and started to trade on 1 August 2006. |
|
|
1.2 Turnover |
|
Turnover represents the invoiced value of goods and services supplied by the company. |
|
|
1.3 Tangible fixed assets and depreciation |
|
Tangible fixed assets are stated at cost less depreciation. 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 bases: |
|
|
Office equipment |
25% p.a. on a reducing balance basis |
|
|
1.4 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 a non discounted basis at the tax rates which are expected to apply in the periods when the timing differences are expected to reverse. |
|
|
| 2 |
TANGIBLE FIXED ASSETS |
|
|
|
|
|
|
|
|
Office Equipment |
|
|
|
|
|
|
|
|
£ |
|
COST |
|
At 1 April 2015 |
10,221 |
|
Additions |
150 |
|
At 31 March 2016 |
£10,371 |
|
|
|
|
|
|
|
|
|
|
DEPRECIATION |
|
At 1 April 2015 |
8,146 |
|
Charge for the year |
556 |
|
At 31 March 2016 |
£8,702 |
|
|
|
|
|
|
|
|
|
|
NET BOOK VALUE |
|
At 31 March 2016 |
£1,669 |
|
At 31 March 2015 |
£2,075 |
|
|
|
|
|
|
|
|
|
