Abbreviated Company Accounts - SUREWATERS CONSULTANCY LIMITED

06470007 SUREWATERS CONSULTANCY LIMITED 2013-03-31 false 2012-04-01 2013-03-31 true 06470007 2012-04-01 2013-03-31 06470007 2013-03-31 06470007 2012-03-31 06470007 uk-gaap-cd-bus:Director1 2012-04-01 2013-03-31 06470007 uk-gaap-cd-bus:Director2 2012-04-01 2013-03-31 uk-gaap-cd-bus:Director3 2012-04-01 2013-03-31 uk-gaap-cd-bus:Director3 2013-03-31 uk-gaap-cd-bus:Director3 2012-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-04-01 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-03-31 iso4217:GBP shares

Registered Number 06470007

SUREWATERS CONSULTANCY LIMITED

Abbreviated Accounts

31 March 2013

SUREWATERS CONSULTANCY LIMITED Registered Number 06470007

Abbreviated Balance Sheet as at 31 March 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	18,888	30,152
		18,888	30,152
Current assets
Debtors		131,183	159,145
Cash at bank and in hand		134,077	-
		265,260	159,145
Creditors: amounts falling due within one year		(512,090)	(272,976)
Net current assets (liabilities)		(246,830)	(113,831)
Total assets less current liabilities		(227,942)	(83,679)
Provisions for liabilities		(3,777)	-
Total net assets (liabilities)		(231,719)	(83,679)
Capital and reserves
Called up share capital	3	200	200
Profit and loss account		(231,919)	(83,879)
Shareholders' funds		(231,719)	(83,679)

For the year ending 31 March 2013 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 16 December 2013

And signed on their behalf by:
Mr G Fishwick, Director

SUREWATERS CONSULTANCY LIMITED Registered Number 06470007

Notes to the Abbreviated Accounts for the period ended 31 March 2013

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 represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant & machinery - 25% SL
Fixtures, fittings & equipment - 33% SL
Motor vehicles - 25% SL
Computers - 25% SL

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.

2Tangible fixed assets

	£
Cost
At 1 April 2012	46,648
Additions	4,308
Disposals	(6,558)
Revaluations	-
Transfers	-
At 31 March 2013	44,398
Depreciation
At 1 April 2012	16,496
Charge for the year	10,654
On disposals	(1,640)
At 31 March 2013	25,510
Net book values
At 31 March 2013	18,888
At 31 March 2012	30,152

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
200 Ordinary shares of £1 each	200	200

4Transactions with directors

Name of director receiving advance or credit:	D T E Ritchie
Description of the transaction:	Interest free loan
Balance at 1 April 2012:	£ 21,197
Advances or credits made:	£ 43,750
Advances or credits repaid:	£ 64,947
Balance at 31 March 2013:	£ 0

At the start of the period, D Ritchie, a director, owed £21,197 to the company. During the period the company made additional loans to the director in the sum of £43,750. During the period, the director fully repaid £62,947 of the monies advanced to him by the company. No interest was charged on the loan and the loan was repayable on demand.