SmartSun UK Distributors Ltd - Accounts to registrar - small 16.3d

REGISTERED NUMBER: 08861686 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2017

for

SmartSun UK Distributors Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B G Baldwin

REGISTERED OFFICE:

Westmead House

Westmead

Farnborough

Hampshire

GU14 7LP

REGISTERED NUMBER:

08861686 (England and Wales)

ACCOUNTANTS:

Branston Adams

Suite 2, Victoria House

South Street

Farnham

Surrey

GU9 7QU

CURRENT ASSETS

Cash at bank

17

904

CREDITORS

Amounts falling due within one year

3

1,477

17,066

NET CURRENT LIABILITIES

(1,460

)

(16,162

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,460

)

(16,162

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Retained earnings

(1,560

)

(16,262

)

SHAREHOLDERS' FUNDS

(1,460

)

(16,162

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 21 March 2017 and were signed by:

B G Baldwin - Director

1.	STATUTORY INFORMATION

SmartSun UK Distributors Ltd is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company has again sustained a loss as its cumulative recognised income to date has not been

sufficient to cover its overheads to date, but as the director's are supporting the company, it is

considered that the company is a going concern and the financial statements have therefore been

prepared on this basis.

Turnover

Turnover consists of income derived from the normal operating activities of the company during the

year, less flat rate scheme vat.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

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

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.17

31.1.16

£

£

Taxation and social security

730

730

Other creditors

747

16,336

1,477

17,066

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.17

31.1.16

value:

£

£

100

Ordinary

£1

100

100

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is B G Baldwin.

On the 31 January 2016 the director Mr Brett Baldwin also retained 70% of the issued share capital. As

such Mr Brett Baldwin was the company's ultimate controller.