Company Registration No. 05659374 (England and Wales)
SIGMA RECRUITMENT LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2016
SIGMA RECRUITMENT LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
SIGMA RECRUITMENT LTD
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
8,408
9,618
Current assets
Debtors
139,474
177,050
Cash at bank and in hand
329,985
278,738
469,459
455,788
Creditors: amounts falling due within one year
(67,660)
(79,383)
Net current assets
401,799
376,405
Total assets less current liabilities
410,207
386,023
Provisions for liabilities
(1,833)
(1,833)
Suspense
(3)
-
408,371
384,190
Capital and reserves
Called up share capital
3
3
3
Profit and loss account
408,368
384,187
Shareholders' funds
408,371
384,190
For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 14 December 2016
Mr R Williams
Director
Company Registration No. 05659374
SIGMA RECRUITMENT LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Freehold
Computer equipment
25% reducing balance
Fixtures, fittings & equipment
25% reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2015
24,533
Additions
1,594
At 31 March 2016
26,127
Depreciation
At 1 April 2015
14,916
Charge for the year
2,803
At 31 March 2016
17,719
Net book value
At 31 March 2016
8,408
At 31 March 2015
9,618
SIGMA RECRUITMENT LTD
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
2 "A" ordinary shares of £1 each
2
2
1 "B" non voting ordinary share of £1 each
1
1
3
3