Sarah Latham Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05735562 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Sarah Latham Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs S Salter

C E K Salter

SECRETARY:

C E K Salter

REGISTERED OFFICE:

1 Artillery Terrace

Guildford

Surrey

GU1 4NL

REGISTERED NUMBER:

05735562 (England and Wales)

ACCOUNTANT:

JMSolutions(Guildford)

13 Gatley Drive

Guildford

Surrey

GU4 7JJ

FIXED ASSETS

Tangible assets

2

-

961

CURRENT ASSETS

Debtors

23,923

1,996

Cash at bank

45,361

23,895

69,284

25,891

CREDITORS

Amounts falling due within one year

75,604

46,732

NET CURRENT LIABILITIES

(6,320

)

(20,841

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,320

)

(19,880

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(6,321

)

(19,881

)

SHAREHOLDERS' FUNDS

(6,320

)

(19,880

)

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 29 December 2014 and were signed on its behalf by:

Mrs S Salter - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

Deferred tax

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

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

6,059

DEPRECIATION

At 1 April 2013

5,098

Charge for year

961

At 31 March 2014

6,059

NET BOOK VALUE

At 31 March 2014

-

At 31 March 2013

961

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES