Registered Number 06297681

S L DESIGN LIMITED

Abbreviated Accounts

31 March 2015

S L DESIGN LIMITED Registered Number 06297681

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 3,691 4,343
3,691 4,343
Current assets
Debtors 13,767 18,274
Cash at bank and in hand 32,065 27,959
45,832 46,233
Creditors: amounts falling due within one year (19,581) (22,196)
Net current assets (liabilities) 26,251 24,037
Total assets less current liabilities 29,942 28,380
Provisions for liabilities (738) (868)
Total net assets (liabilities) 29,204 27,512
Capital and reserves
Called up share capital 100 100
Profit and loss account 29,104 27,412
Shareholders' funds 29,204 27,512
  • For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 15 December 2015

And signed on their behalf by:
Steven Lund, Director

S L DESIGN LIMITED Registered Number 06297681

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation.

Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:-

Fixtures, fittings and equipment - 15% reducing balance basis

Other accounting policies
Deferred taxation

Provision is made in full for taxation deferred as a result of material timing differences between the incidence of income and expenditure for taxation and accounts purposes, using the liability method.

2Tangible fixed assets
£
Cost
At 1 April 2014 6,190
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 6,190
Depreciation
At 1 April 2014 1,847
Charge for the year 652
On disposals -
At 31 March 2015 2,499
Net book values
At 31 March 2015 3,691
At 31 March 2014 4,343