Safran Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03805923 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 4 April 2016

for

Safran Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs N Ferraiolo

S Ferraiolo

SECRETARY:

Mrs N Ferraiolo

REGISTERED OFFICE:

38 Craven Street

London

WC2N 5NG

REGISTERED NUMBER:

03805923 (England and Wales)

CURRENT ASSETS

Cash at bank and in hand

17,836

19,960

CREDITORS

Amounts falling due within one year

12,223

12,403

NET CURRENT ASSETS

5,613

7,557

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,613

7,557

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

5,611

7,555

SHAREHOLDERS' FUNDS

5,613

7,557

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 4 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 4 April 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 3 March 2017 and were signed on its behalf by:

Mrs N Ferraiolo - 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 goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

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 5 April 2015

and 4 April 2016

1,738

DEPRECIATION

At 5 April 2015

and 4 April 2016

1,738

NET BOOK VALUE

At 4 April 2016

-

At 4 April 2015

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

4.4.16

4.4.15

value:

£

2

Ordinary

1

2

4.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs Nathalie C Ferraiolo.