Safran Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03805923 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 4 April 2014

for

Safran Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs N Harrisson

Mr S Ferraiolo

SECRETARY:

Mrs N Harrisson

REGISTERED OFFICE:

37 Abbotsbury Close

London

W14 8EQ

REGISTERED NUMBER:

03805923 (England and Wales)

ACCOUNTANTS:

B&A Partners Ltd

38 Craven Street

London

UK

WC2N 5NG

FIXED ASSETS

Tangible assets

2

696

696

CURRENT ASSETS

Stocks

-

2,317

Debtors

3,126

-

Cash at bank and in hand

13,556

3,372

16,682

5,689

CREDITORS

Amounts falling due within one year

7,803

3,639

NET CURRENT ASSETS

8,879

2,050

TOTAL ASSETS LESS CURRENT LIABILITIES

9,575

2,746

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

9,573

2,744

SHAREHOLDERS' FUNDS

9,575

2,746

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 4 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 4 April 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 31 December 2014 and were signed on its behalf by:

Mrs N Harrisson - 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

At 5 April 2013

and 4 April 2014

1,738

DEPRECIATION

At 5 April 2013

and 4 April 2014

1,042

NET BOOK VALUE

At 4 April 2014

696

At 4 April 2013

696

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

4.4.14

4.4.13

value:

£

£

2

Ordinary

2

2

2