Seraph Estates (Cardiff) Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07791713 (England and Wales)

SERAPH ESTATES (CARDIFF) LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

D J Haig

SECRETARY:

R Haig

REGISTERED OFFICE:

1 St Martin's Row

Albany Road

Cardiff

South Glamorgan

CF24 3RP

REGISTERED NUMBER:

07791713 (England and Wales)

ACCOUNTANTS:

Green & Co

Chartered Certified Accountants

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

2

46,558

42,198

CURRENT ASSETS

Debtors

68,983

19,348

Cash at bank

200

3,358

69,183

22,706

CREDITORS

Amounts falling due within one year

113,297

75,571

NET CURRENT LIABILITIES

(44,114

)

(52,865

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,444

(10,667

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

2,344

(10,767

)

SHAREHOLDERS' FUNDS

2,444

(10,667

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 22nd December 2016 and were signed by:

D J Haig - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, 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.

Office equipment

-

25% on reducing balance

Deferred tax

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

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2015

43,962

Additions

5,889

At 31st March 2016

49,851

DEPRECIATION

At 1st April 2015

1,764

Charge for year

1,529

At 31st March 2016

3,293

NET BOOK VALUE

At 31st March 2016

46,558

At 31st March 2015

42,198

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100