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REGISTERED NUMBER: 07295222 (England and Wales)















Abbreviated Unaudited Accounts

for the Period 1 July 2012 to 30 September 2013

for

SDN Pallets Limited

SDN Pallets Limited (Registered number: 07295222)






Contents of the Abbreviated Accounts
for the Period 1 July 2012 to 30 September 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

SDN Pallets Limited

Company Information
for the Period 1 July 2012 to 30 September 2013







DIRECTORS: M D Naylor
S G Naylor





REGISTERED OFFICE: Gamston Airfield
Gamston
Retford
Nottinghamshire
DN22 0QL





REGISTERED NUMBER: 07295222 (England and Wales)





ACCOUNTANTS: Sutton McGrath Limited
5 Westbrook Court
Sharrowvale Road
Sheffield
South Yorkshire
S11 8YZ

SDN Pallets Limited (Registered number: 07295222)

Abbreviated Balance Sheet
30 September 2013

Notes £    £   
FIXED ASSETS
Intangible assets 2 675,000
Tangible assets 3 19,757
694,757

CURRENT ASSETS
Stocks 83,727
Debtors 533,205
Cash at bank and in hand 92,651
709,583
CREDITORS
Amounts falling due within one year 1,371,111
NET CURRENT LIABILITIES (661,528 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,229

CREDITORS
Amounts falling due after more than one
year

16,988
NET ASSETS 16,241

CAPITAL AND RESERVES
Called up share capital 4 10
Profit and loss account 16,231
SHAREHOLDERS' FUNDS 16,241

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

SDN Pallets Limited (Registered number: 07295222)

Abbreviated Balance Sheet - continued
30 September 2013


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 25 June 2014 and were signed on its behalf by:




M D Naylor - Director



S G Naylor - Director


SDN Pallets Limited (Registered number: 07295222)

Notes to the Abbreviated Accounts
for the Period 1 July 2012 to 30 September 2013

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 July 2012
and 30 September 2013 750,000
AMORTISATION
Amortisation for period 75,000
At 30 September 2013 75,000
NET BOOK VALUE

At 30 September 2013 675,000
At 30 June 2012 750,000

SDN Pallets Limited (Registered number: 07295222)

Notes to the Abbreviated Accounts - continued
for the Period 1 July 2012 to 30 September 2013

3. TANGIBLE FIXED ASSETS
Total
£   
COST
Additions 22,585
At 30 September 2013 22,585
DEPRECIATION
Charge for period 2,828
At 30 September 2013 2,828
NET BOOK VALUE
At 30 September 2013 19,757

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary 1 10