Registered Number 04311316

SBS SOLUTIONS LIMITED

Abbreviated Accounts

30 June 2013

SBS SOLUTIONS LIMITED Registered Number 04311316

Abbreviated Balance Sheet as at 30 June 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 28,487 6,567
28,487 6,567
Current assets
Debtors 64,417 52,404
Cash at bank and in hand 31,604 80,454
96,021 132,858
Creditors: amounts falling due within one year (134,131) (145,208)
Net current assets (liabilities) (38,110) (12,350)
Total assets less current liabilities (9,623) (5,783)
Creditors: amounts falling due after more than one year (80,646) (80,955)
Total net assets (liabilities) (90,269) (86,738)
Capital and reserves
Called up share capital 245,000 245,000
Profit and loss account (335,269) (331,738)
Shareholders' funds (90,269) (86,738)
  • For the year ending 30 June 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 25 March 2014

And signed on their behalf by:
Mr S Tomkins, Director

SBS SOLUTIONS LIMITED Registered Number 04311316

Notes to the Abbreviated Accounts for the period ended 30 June 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
The turnover shown in the profit and loss account represents amounts invoices during the year, exclusive of Value Added Tax.
In respect of long term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long term contracts and contracts for on-going services is recognised by reference to the stage of completion.

2Tangible fixed assets
£
Cost
At 1 July 2012 34,515
Additions 27,291
Disposals -
Revaluations -
Transfers -
At 30 June 2013 61,806
Depreciation
At 1 July 2012 27,948
Charge for the year 5,371
On disposals -
At 30 June 2013 33,319
Net book values
At 30 June 2013 28,487
At 30 June 2012 6,567