Abbreviated Company Accounts - SALTWATER COMMUNICATIONS LIMITED

SALTWATER COMMUNICATIONS LIMITED - Company Information

03331485 SALTWATER COMMUNICATIONS LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 03331485 2013-04-01 2014-03-31 03331485 2014-03-31 03331485 2013-03-31 03331485 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 03331485 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:Director3 2013-03-31 iso4217:GBP shares

Registered Number 03331485

SALTWATER COMMUNICATIONS LIMITED

Abbreviated Accounts

31 March 2014

SALTWATER COMMUNICATIONS LIMITED Registered Number 03331485

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	9,779	11,446
		9,779	11,446
Current assets
Debtors		184,658	200,648
Cash at bank and in hand		18,844	1,491
		203,502	202,139
Creditors: amounts falling due within one year		(190,786)	(210,654)
Net current assets (liabilities)		12,716	(8,515)
Total assets less current liabilities		22,495	2,931
Provisions for liabilities		(1,255)	(1,523)
Total net assets (liabilities)		21,240	1,408
Capital and reserves
Called up share capital		12	12
Profit and loss account		21,228	1,396
Shareholders' funds		21,240	1,408

For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 1 December 2014

And signed on their behalf by:
C.R. Bartlett, Director
Mrs G.A. Bartlett, Director

SALTWATER COMMUNICATIONS LIMITED Registered Number 03331485

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover is the value of publicity and marketing services supplied during the period, excluding VAT.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates, in order to write of the value of each asset over its estimated useful life:
Plant and Equipment 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2013	79,571
Additions	749
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	80,320
Depreciation
At 1 April 2013	68,125
Charge for the year	2,416
On disposals	-
At 31 March 2014	70,541
Net book values
At 31 March 2014	9,779
At 31 March 2013	11,446

3Transactions with directors

Name of director receiving advance or credit:	Mr and Mrs C.R. Bartlett
Description of the transaction:	Directors' Loan Account
Balance at 1 April 2013:	£ 0
Advances or credits made:	£ 1
Advances or credits repaid:	£ 1
Balance at 31 March 2014:	£ 0

Dividends were paid to the directors during the period, as follows:
2013 2012

C.R. Bartlett 32,500 20,000
Mrs G.A. Bartlett 32,500 20,000
S. Trewern 2,080 4,250