SUB SALT SOLUTIONS LIMITED
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Registered number: |
08839072
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Abbreviated Balance Sheet |
as at 31 January 2015
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|
|
Notes |
|
2015 |
|
|
|
|
|
£ |
£ |
|
Fixed assets |
Intangible assets |
2 |
|
|
9,500 |
|
Current assets |
Debtors |
|
|
57,442 |
Cash at bank and in hand |
|
|
508,309 |
|
|
|
565,751 |
|
|
|
Creditors: amounts falling due within one year |
|
|
(139,070) |
|
Net current assets |
|
|
|
426,681 |
|
|
Net assets |
|
|
|
436,181 |
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
257 |
Share premium |
|
|
|
475,697 |
Profit and loss account |
|
|
|
(39,773) |
|
Shareholders' funds |
|
|
|
436,181 |
|
|
|
|
|
|
|
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.
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The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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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.
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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.
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|
|
|
R H Bahns |
Director |
Approved by the board on 10 September 2015
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SUB SALT SOLUTIONS LIMITED
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Notes to the Abbreviated Accounts |
for the period ended 31 January 2015
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|
1 |
Accounting policies |
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|
Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
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Turnover |
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Turnover represents the value, net of value added tax, of licence fees receivable.
|
|
|
Amortisation |
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Amortisation is provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Patents & Know How |
20% straight line
|
|
|
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Deferred taxation |
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The company has adopted FRS 19, "Deferred tax", which, in general, requires provision to be made in respect of all material timing differences. Deferred tax assets are recognised to the extent that they are regarded as recoverable. |
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
Additions |
10,593 |
|
At 31 January 2015 |
10,593 |
|
|
|
|
|
|
|
|
Amortisation |
|
Provided during the period |
1,093 |
|
At 31 January 2015 |
1,093 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2015 |
9,500 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
|
|
value |
|
Number |
|
£ |
|
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£.001 each |
|
209,663 |
|
210 |
|
A Ordinary shares
|
£.001 each |
|
47,664 |
|
47 |
|
|
|
|
|
|
257 |
|
|
|
|
|
|
|
|
|
|
|
Nominal |
|
Number |
|
Amount |
|
|
value |
|
|
|
£ |
|
Shares issued during the period: |
|
Ordinary shares
|
£.001 each |
|
209,663 |
|
210 |
|
A Ordinary shares
|
£.001 each |
|
47,664 |
|
47 |
|
|
|
|
|
|
257 |
|
|
|
|
|
|
|