| Sumeel Smiles Ltd |
| Registered number: |
08548404 |
| Abbreviated Balance Sheet |
| as at 31 May 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
22,008 |
|
|
37,729 |
| Tangible assets |
3 |
|
|
274 |
|
|
548 |
| Investments |
4 |
|
|
32,938 |
|
|
- |
|
|
|
|
55,220 |
|
|
38,277 |
|
| Current assets |
| Debtors |
|
|
3,600 |
|
|
43,559 |
| Cash at bank and in hand |
|
|
28,807 |
|
|
51,091 |
|
|
|
32,407 |
|
|
94,650 |
|
| Creditors: amounts falling due within one year |
|
|
(16,979) |
|
|
(132,766) |
|
| Net current assets/(liabilities) |
|
|
|
15,428 |
|
|
(38,116) |
|
| Total assets less current liabilities |
|
|
|
70,648 |
|
|
161 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(70,585) |
|
|
- |
|
|
|
| Net assets |
|
|
|
63 |
|
|
161 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
5 |
|
|
1,152 |
|
|
2 |
| Profit and loss account |
|
|
|
(1,089) |
|
|
159 |
|
| Shareholders' funds |
|
|
|
63 |
|
|
161 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Adeel Ali |
| Director |
| Approved by the board on 17 August 2016 |
|
| Sumeel Smiles Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 May 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% straight line |
|
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2015 |
62,883 |
|
At 31 May 2016 |
62,883 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 June 2015 |
25,154 |
|
Provided during the year |
15,721 |
|
At 31 May 2016 |
40,875 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2016 |
22,008 |
|
At 31 May 2015 |
37,729 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2015 |
1,096 |
|
At 31 May 2016 |
1,096 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2015 |
548 |
|
Charge for the year |
274 |
|
At 31 May 2016 |
822 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2016 |
274 |
|
At 31 May 2015 |
548 |
|
|
|
|
|
|
|
|
| 4 |
Investments |
£ |
|
|
Cost |
|
Additions |
32,938 |
|
|
At 31 May 2016 |
32,938 |
|
|
|
|
|
|
|
| 5 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
2 |
|
2 |
|
2 |
|
B Ordinary shares |
£1 each |
|
115,000 |
|
1,150 |
|
- |
|
|
|
|
|
|
1,152 |
|
2 |
|
|
|
|
|
|
|
|
|
| Nominal |
Number |
Amount |
| value |
£ |
|
Shares issued during the period: |
|
Ordinary shares |
£1 each |
|
115,000 |
|
1,150 |
|
|
|
|
|
|
|
