Solomon Trade Processing Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04024947 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2016

FOR

SOLOMON TRADE PROCESSING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr G D P Solomon

REGISTERED OFFICE:

Fifth Floor

11 Leadenhall Street

London

EC3V 1LP

REGISTERED NUMBER:

04024947 (England and Wales)

ACCOUNTANTS:

Acuity Professional Ltd

Fifth Floor

11 Leadenhall Street

London

EC3V 1LP

FIXED ASSETS

Tangible assets

2

866

804

CURRENT ASSETS

Debtors

26,939

6,866

Cash at bank

1,898

33,210

28,837

40,076

CREDITORS

Amounts falling due within one year

19,256

34,822

NET CURRENT ASSETS

9,581

5,254

TOTAL ASSETS LESS CURRENT LIABILITIES

10,447

6,058

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

10,445

6,056

SHAREHOLDERS' FUNDS

10,447

6,058

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

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

Mr G D P Solomon - 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

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following annual rates

in order to write off each asset over its estimated useful life.

Office and computer equipments - 25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

Cost

At 1 July 2015

11,700

Additions

280

At 30 June 2016

11,980

Depreciation

At 1 July 2015

10,896

Charge for year

218

At 30 June 2016

11,114

Net book value

At 30 June 2016

866

At 30 June 2015

804

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

£

2

Ordinary

£1

2

2

4.	CONTROLLING PARTY

The controlling party is Mr G D P Solomon.