Sardafine Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 01206081 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

Sardafine Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P J Hughes

SECRETARY:

Mrs J A Richardson

REGISTERED OFFICE:

75 Springfield Road

Chelmsford

Essex

CM2 6JB

REGISTERED NUMBER:

01206081 (England and Wales)

ACCOUNTANTS:

NSO Associates LLP

75 Springfield Road

Chelmsford

Essex

CM2 6JB

FIXED ASSETS

12,637

Tangible assets

2

10,811

CURRENT ASSETS

30,510

Debtors

32,766

8,261

Cash at bank and in hand

8,208

38,771

40,974

CREDITORS

6,362

Amounts falling due within one year

6,107

32,409

NET CURRENT ASSETS

34,867

45,046

TOTAL ASSETS LESS CURRENT
LIABILITIES

45,678

1,095

PROVISIONS FOR LIABILITIES

1,140

43,951

NET ASSETS

44,538

CAPITAL AND RESERVES

6,100

Called up share capital

3

6,100

37,851

Profit and loss account

38,438

43,951

SHAREHOLDERS' FUNDS

44,538

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 13 January 2017 and were signed by:

P J Hughes - 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 work done and services, excluding value added tax and also recognises work

carried out up to, but not invoiced, at the balance sheet date where the company has obtained the right to

consideration.

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

-

33% on cost and 15% 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 1 June 2015

75,671

Additions

360

At 31 May 2016

76,031

DEPRECIATION

At 1 June 2015

63,034

Charge for year

2,186

At 31 May 2016

65,220

NET BOOK VALUE

At 31 May 2016

10,811

At 31 May 2015

12,637

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

6,000

Ordinary

£1

6,000

100

Ordinary A

£1

100

6,100