Abbreviated Company Accounts - SAABTECH UK LIMITED

05963150 SAABTECH UK LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 05963150 2013-04-01 2014-03-31 05963150 2014-03-31 05963150 2013-03-31 05963150 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 05963150 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 05963150

SAABTECH UK LIMITED

Abbreviated Accounts

31 March 2014

SAABTECH UK LIMITED Registered Number 05963150

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	61,758	32,749
		61,758	32,749
Current assets
Stocks		21,650	35,105
Debtors		22,220	22,058
Cash at bank and in hand		4,703	4,283
		48,573	61,446
Creditors: amounts falling due within one year		(59,389)	(77,486)
Net current assets (liabilities)		(10,816)	(16,040)
Total assets less current liabilities		50,942	16,709
Creditors: amounts falling due after more than one year		(25,047)	(2,845)
Provisions for liabilities		(11,195)	(5,039)
Total net assets (liabilities)		14,700	8,825
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		14,600	8,725
Shareholders' funds		14,700	8,825

For the year ending 31 March 2014 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 24 December 2014

And signed on their behalf by:
J Eldred, Director

SAABTECH UK LIMITED Registered Number 05963150

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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
and derives from the provision of goods falling within the company's ordinary activities.

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 and machinery - 15% Reducing Balance
Fixtures, fittings
and equipment - 20% Reducing Balance
Motor vehicles - 20% Reducing Balance

Other accounting policies
Stock.
Stock is valued at the lower of cost and net realisable value.

Pensions.
The pension costs charged in the financial statements represent the contribution payable by the
company during the year.
The regular cost of providing retirement pensions and related benefits is charged to the profit and loss account over the employees' service lives on the basis of a constant percentage of earnings.

2Tangible fixed assets

	£
Cost
At 1 April 2013	61,040
Additions	41,144
Disposals	(1,150)
Revaluations	-
Transfers	-
At 31 March 2014	101,034
Depreciation
At 1 April 2013	28,291
Charge for the year	11,707
On disposals	(722)
At 31 March 2014	39,276
Net book values
At 31 March 2014	61,758
At 31 March 2013	32,749

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100