SSHR Ltd - Period Ending 2016-03-31

Registration number: 07128093

SSHR Ltd

Unaudited Abbreviated Accounts

31 March 2016
 

SSHR Ltd
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

SSHR Ltd
abbreviated balance sheet
31 March 2016

		Note			2016						2015 £
	£			£
Fixed assets
Tangible fixed assets								80			946
Current assets
Cash at bank and in hand					22,307						14,615
Creditors: Amounts falling due within one year					(14,399)						(8,058)
Net current assets								7,908			6,557
Total assets less current liabilities								7,988			7,503
Provisions for liabilities								(173)			(189)
Net assets								7,815			7,314
Capital and reserves
Called up share capital		3			100						100
Profit and loss account					7,715						7,214
Shareholders' funds								7,815			7,314

The notes on pages 3 to 4 form an integral part of these financial statements.
1

SSHR Ltd
abbreviated balance sheet ......... continued
31 March 2016

For the year ending 31 March 2016 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 directors acknowledge their responsibilities for complying with the requirements of the Act 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.

Approved by the Board on 22 December 2016 and signed on its behalf by:

.........................................
Dr H Singh
Director

Company Registration Number: 07128093

The notes on pages 3 to 4 form an integral part of these financial statements.
2

SSHR Ltd
Notes to the Abbreviated Accounts
Year Ended 31 March 2016

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).

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	25% Straight line

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by FRS19. Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

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.

3

SSHR Ltd
Notes to the Abbreviated Accounts
Year Ended 31 March 2016

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2015		8,246			8,246
Additions		121			121
At 31 March 2016		8,367			8,367
Depreciation
At 1 April 2015		7,300			7,300
Charge for the year		987			987
At 31 March 2016		8,287			8,287
Net book value
At 31 March 2016		80			80
At 31 March 2015		946			946

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

4