S.n. Design Ltd. - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02920465 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

S.n. Design Ltd.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs J A Gifford

S Nesbitt

SECRETARY:

S Nesbitt

REGISTERED OFFICE:

32 Hunt End Lane

Redditch

Worcs

B97 5UW

REGISTERED NUMBER:

02920465 (England and Wales)

ACCOUNTANTS:

Derek Young & Co

Chartered Accountants

Estate House

Evesham Street

Redditch

Worcestershire

B97 4HP

FIXED ASSETS

Tangible assets

2

541,220

391,641

CURRENT ASSETS

Cash at bank

83,120

171,434

CREDITORS

Amounts falling due within one year

192,644

143,591

NET CURRENT (LIABILITIES)/ASSETS

(109,524

)

27,843

TOTAL ASSETS LESS CURRENT LIABILITIES

431,696

419,484

CAPITAL AND RESERVES

Called up share capital

3

4

4

Revaluation reserve

84,121

84,121

Profit and loss account

347,571

335,359

SHAREHOLDERS' FUNDS

431,696

419,484

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 22 December 2014 and were signed on its behalf by:

S Nesbitt - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Turnover

Turnover represents amounts derived from the provision of goods and services falling within the company's

ordinary activities, after deduction of trade discounts, value added tax and any other tax based on the amounts so

derived.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Equipment

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 April 2013

503,585

Additions

163,001

At 31 March 2014

666,586

DEPRECIATION

At 1 April 2013

111,944

Charge for year

13,422

At 31 March 2014

125,366

NET BOOK VALUE

At 31 March 2014

541,220

At 31 March 2013

391,641

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2014

2013

value:

£

£

4

Share capital 1

£1

4

4