Registered Number 04311316

SBS SOLUTIONS LIMITED

Abbreviated Accounts

30 June 2016

SBS SOLUTIONS LIMITED Registered Number 04311316

Abbreviated Balance Sheet as at 30 June 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 42,444 30,443
42,444 30,443
Current assets
Stocks 2,490 3,847
Debtors 64,371 71,581
Cash at bank and in hand 4,029 1,866
70,890 77,294
Creditors: amounts falling due within one year (218,292) (157,105)
Net current assets (liabilities) (147,402) (79,811)
Total assets less current liabilities (104,958) (49,368)
Creditors: amounts falling due after more than one year (80,619) (101,656)
Total net assets (liabilities) (185,577) (151,024)
Capital and reserves
Called up share capital 245,000 245,000
Profit and loss account (430,577) (396,024)
Shareholders' funds (185,577) (151,024)
  • For the year ending 30 June 2016 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 28 March 2017

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 2016

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 January 2015.

2Tangible fixed assets
£
Cost
At 1 July 2015 77,989
Additions 23,942
Disposals -
Revaluations -
Transfers -
At 30 June 2016 101,931
Depreciation
At 1 July 2015 47,546
Charge for the year 11,941
On disposals -
At 30 June 2016 59,487
Net book values
At 30 June 2016 42,444
At 30 June 2015 30,443