SEARS MORGAN ACCOUNTING SERVICES LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2014
Company Registration No. 03284637 (England and Wales)
SEARS MORGAN ACCOUNTING SERVICES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
SEARS MORGAN ACCOUNTING SERVICES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 APRIL 2014
30 April 2014
- 1 -
2014
2013
Notes
£
£
£
£
Current assets
Debtors
9,571
14,853
Cash at bank and in hand
280
86
9,851
14,939
Creditors: amounts falling due within one year
(1,226)
(6,395)
Total assets less current liabilities
8,625
8,544
Capital and reserves
Called up share capital
2
2
2
Profit and loss account
8,623
8,542
Shareholders' funds
8,625
8,544
For the financial year ended 30 April 2014 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 30 January 2015
J. Lourides
Director
Company Registration No. 03284637
SEARS MORGAN ACCOUNTING SERVICES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2014
- 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 April 2008).
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.
2
Share capital
2014
2013
£
£
Allotted, called up and fully paid
2 Ordinary of £1 each
2
2
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