Registered Number 04311316

SBS SOLUTIONS LIMITED

Abbreviated Accounts

30 June 2015

SBS SOLUTIONS LIMITED Registered Number 04311316

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 30,443 29,683
30,443 29,683
Current assets
Stocks 3,847 7,558
Debtors 71,581 80,787
Cash at bank and in hand 1,866 20,954
77,294 109,299
Creditors: amounts falling due within one year (157,105) (133,303)
Net current assets (liabilities) (79,811) (24,004)
Total assets less current liabilities (49,368) 5,679
Creditors: amounts falling due after more than one year (49,781) (72,775)
Total net assets (liabilities) (99,149) (67,096)
Capital and reserves
Called up share capital 3 245,000 245,000
Share premium account 51,875 0
Profit and loss account (396,024) (312,096)
Shareholders' funds (99,149) (67,096)
  • For the year ending 30 June 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 30 March 2016

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 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.

Other accounting policies
Going concern

As at the balance sheet date the company had net liabilities. The company has continued to trade with the support of it's bank and therefore the accounts have been prepared on a going concern basis.

2Tangible fixed assets
£
Cost
At 1 July 2014 69,714
Additions 8,275
Disposals -
Revaluations -
Transfers -
At 30 June 2015 77,989
Depreciation
At 1 July 2014 40,031
Charge for the year 7,515
On disposals -
At 30 June 2015 47,546
Net book values
At 30 June 2015 30,443
At 30 June 2014 29,683
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100,000 Ordinary shares of £1 each 100,000 100,000
145,000 Preference shares of £1 each 145,000 145,000