Sawson Ltd - Abbreviated accounts


Registered number
SC318559
Sawson Ltd
Abbreviated Accounts
31 March 2014
Sawson Ltd
Registered number: SC318559
Abbreviated Balance Sheet
as at 31 March 2014
Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 50,000 50,000
Creditors: amounts falling due within one year (49,855) (49,855)
Net current liabilities (49,855) (49,855)
Net assets 145 145
Capital and reserves
Called up share capital 3 145 145
Shareholders' funds 145 145
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
C B Manderson
Director
Approved by the board on 8 December 2014
Sawson Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2014
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
2 Tangible fixed assets £
Cost
At 1 April 2013 50,000
At 31 March 2014 50,000
Depreciation
At 31 March 2014 -
Net book value
At 31 March 2014 50,000
At 31 March 2013 50,000
3 Share capital Nominal 2014 2014 2013
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each - 145 145
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