Sara Low Holdings Limited - Period Ending 2016-03-31

 
 
 
 
 
 
 
  Sara Low Holdings Limited
 
  Unaudited Abbreviated Accounts
  Year Ended 31 March 2016
 
  Company Registration Number: 04189892

Sara Low Holdings Limited
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

Sara Low Holdings Limited
Abbreviated Balance Sheet
31 March 2016

		Note			2016 £			2015 £
Fixed assets
Investments		2			100			100
Current assets
Debtors					23,549			23,549
Cash at bank and in hand					488			54
					24,037			23,603
Creditors: Amounts falling due within one year					(23,155)			(22,655)
Net current assets					882			948
Net assets					982			1,048
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					882			948
Shareholders' funds					982			1,048

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

Sara Low Holdings Limited
Abbreviated Balance Sheet
31 March 2016 ......... continued

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 20 December 2016 and signed on its behalf by:

Mr W R Low
Director

Mrs S L Low
Director

Company Registration Number: 04189892

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

Sara Low Holdings Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2016 ......... continued

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).

Exemption from preparing group accounts

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

2	Fixed assets

		Investments £			Total £
Cost
At 1 April 2015		100			100
At 31 March 2016		100			100
Depreciation
At 31 March 2016		-			-
Net book value
At 31 March 2016		100			100
At 31 March 2015		100			100

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
Sara Low Verifications Limited	UK	Ordinary shares	100.00%	Provision of research

The profit for the financial period of Sara Low Verifications Limited was £30,149 and the aggregate amount of capital and reserves at the end of the period was £34,135.

Page 3

Sara Low Holdings Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2016 ......... continued

3	Share capital

Allotted, called up and fully paid shares

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

Page 4