Company Registration No. 02851502 (England and Wales)
SALBELL HOLDINGS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
SALBELL HOLDINGS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
SALBELL HOLDINGS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2015
30 September 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Investments
2
209,863
209,865
Current assets
Debtors
-
309
Cash at bank and in hand
20,216
10,064
20,216
10,373
Creditors: amounts falling due within one year
(16,948)
(511)
Net current assets
3,268
9,862
Total assets less current liabilities
213,131
219,727
Capital and reserves
Called up share capital
3
1,248
1,248
Profit and loss account
211,883
218,479
Shareholders' funds
213,131
219,727
For the financial year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their 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 for issue on 30 March 2016
Mr K M Bell
Mrs E M Bell
Director
Director
Company Registration No. 02851502
SALBELL HOLDINGS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
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
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.4
Group accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.
2
Fixed assets
Investments
£
Cost
At 1 October 2014
209,865
Disposals
(2)
At 30 September 2015
209,863
At 30 September 2014
209,865
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Subsidiary undertakings
SIB Office Supplies Limited
England & Wales
Ordinary
100.00
SALBELL HOLDINGS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2015
2
Fixed assets
(Continued)
- 3 -
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2015
2015
Principal activity
£
£
SIB Office Supplies Limited
Suppliers of stationery, printing and office equipment
7,112
55,903
At 1 October 2014 the company owned 100% of the share capital of
Saville Office
Supplies Limited.
Saville Office
Supplies Limited was struck off from the register during the year and the value of the investment was written off.
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1,248 Ordinary shares of £1 each
1,248
1,248