Ssasco Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09016527 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2017

for

Ssasco Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

T Dunbar

REGISTERED OFFICE:

The Studio

Leeds Street

Sunderland

Tyne and Wear

SR6 9RF

REGISTERED NUMBER:

09016527 (England and Wales)

ACCOUNTANTS:

Baldwins

Stephenson House

Richard Street

Hetton-le-Hole

Tyne and Wear

DH5 9HW

CURRENT ASSETS

Debtors

4

22,868

23,442

Cash at bank

1,282

1,133

24,150

24,575

CREDITORS

Amounts falling due within one year

5

48,919

21,808

NET CURRENT (LIABILITIES)/ASSETS

(24,769

)

2,767

TOTAL ASSETS LESS CURRENT LIABILITIES

(24,769

)

2,767

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(24,770

)

2,766

SHAREHOLDERS' FUNDS

(24,769

)

2,767

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 28 September 2017 and were signed by:

T Dunbar - Director

1.	STATUTORY INFORMATION

Ssasco Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

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 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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Trade debtors

10,490

20,441

Amounts owed by group undertakings

11,820

3,000

Other debtors

558

1

22,868

23,442

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Trade creditors

2,029

1,233

Amounts owed to group undertakings

24,350

3,250

Taxation and social security

9,064

8,614

Other creditors

13,476

8,711

48,919

21,808