STRATEGIC PACKAGING CONSULTANCY LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2014
Company Registration No. 07143088 (England and Wales)
STRATEGIC PACKAGING CONSULTANCY LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
STRATEGIC PACKAGING CONSULTANCY LIMITED
ABBREVIATED BALANCE SHEET
AS AT
28 FEBRUARY 2014
28 February 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,278
940
Current assets
Debtors
52,228
58,744
Cash at bank and in hand
8,676
37,477
60,904
96,221
Creditors: amounts falling due within one year
(27,891)
(68,217)
Net current assets
33,013
28,004
Total assets less current liabilities
34,291
28,944
Provisions for liabilities
(75)
34,216
28,944
Capital and reserves
Called up share capital
3
110
110
Profit and loss account
34,106
28,834
Shareholders' funds
34,216
28,944
For the financial year ended 28 February 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 14 November 2014
Stephen M Whitehouse
Director
Company Registration No. 07143088
STRATEGIC PACKAGING CONSULTANCY LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
25% Reducing balance
1.5
Pensions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.
1.6
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Fixed assets
Tangible assets
£
Cost
At 1 March 2013
1,281
Additions
768
At 28 February 2014
2,049
Depreciation
At 1 March 2013
341
Charge for the year
430
At 28 February 2014
771
Net book value
At 28 February 2014
1,278
At 28 February 2013
940
STRATEGIC PACKAGING CONSULTANCY LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2014
- 3 -
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100
5 'A' Ordinary shares of £1 each
5
5
5 'B' Ordinary shares of £1 each
5
5
110
110