Samuel Thomas Design Ltd - Period Ending 2014-03-31

Ordinary Shares of £1 each of £1 each

SAMUEL THOMAS DESIGN LTD - Company Information

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Registration number: 07998905

Samuel Thomas Design Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2014

P A Hull & Co
Chartered Accountants
30 Bolton Road
Aspull
Wigan
WN2 1YY

Samuel Thomas Design Ltd
Contents

Accountants' Report

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Samuel Thomas Design Ltd
for the Year Ended 31 March 2014

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Samuel Thomas Design Ltd for the year ended 31 March 2014 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Samuel Thomas Design Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Samuel Thomas Design Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Samuel Thomas Design Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Samuel Thomas Design Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Samuel Thomas Design Ltd. You consider that Samuel Thomas Design Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Samuel Thomas Design Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

P A Hull & Co
Chartered Accountants
30 Bolton Road
Aspull
Wigan
WN2 1YY

15 December 2014

Page 1

Samuel Thomas Design Ltd
(Registration number: 07998905)
Abbreviated Balance Sheet at 31 March 2014

	Note	2014 £
Current assets
Cash at bank and in hand		50,209
Creditors: Amounts falling due within one year		(8,031)
Net assets		42,178
Capital and reserves
Called up share capital	2	1
Profit and loss account		42,177
Shareholders' funds		42,178

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 director acknowledges her 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 director on 15 December 2014

.........................................
Mrs Sarah Jane Moore
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

Samuel Thomas Design Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover is recognised so as to reflect the right of the company to income based on the proportion of work completed at the balance sheet date.

Foreign currency

Foreign currency transactions are accounted for at the rate appliccable on the date that the transaction is completed. Any differences arising as a result of movements in the exchange rate are taken to the profit and loss account at the point that the difference is crystalized.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

Page 3