Sixth River Group Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08024833 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

Sixth River Group Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

B S Chahal

REGISTERED OFFICE:

164 Bedford Road

Kempston

Bedfordshire

MK42 8BH

REGISTERED NUMBER:

08024833 (England and Wales)

ACCOUNTANTS:

Coombs Chartered Accountants

164 Bedford Road

Kempston

Bedford

Bedfordshire

MK42 8BH

FIXED ASSETS

Tangible assets

2

9,099

4,023

CURRENT ASSETS

Debtors

12,566

14,784

Cash at bank

296,885

226,281

309,451

241,065

CREDITORS

Amounts falling due within one year

267,214

207,907

NET CURRENT ASSETS

42,237

33,158

TOTAL ASSETS LESS CURRENT
LIABILITIES

51,336

37,181

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

51,334

37,179

SHAREHOLDERS' FUNDS

51,336

37,181

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 24 January 2017 and were signed by:

B S Chahal - 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.

Plant and machinery etc

-

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

6,242

Additions

6,967

At 30 April 2016

13,209

DEPRECIATION

At 1 May 2015

2,219

Charge for year

1,891

At 30 April 2016

4,110

NET BOOK VALUE

At 30 April 2016

9,099

At 30 April 2015

4,023

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

2

Ordinary

1

2