Effective Touch Limited - Period Ending 2014-06-30

Registration number: 04643618

Effective Touch Limited

trading as Effective Touch Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2014
 

Effective Touch Limited
trading as Effective Touch Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Effective Touch Limited
trading as Effective Touch Ltd
(Registration number: 04643618)
Abbreviated Balance Sheet at 30 June 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets					408			609
Current assets
Debtors					9,564			6,767
Cash at bank and in hand					17,545			16,818
					27,109			23,585
Creditors: Amounts falling due within one year					(23,798)			(22,648)
Net current assets					3,311			937
Net assets					3,719			1,546
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					3,717			1,544
Shareholders' funds					3,719			1,546

For the year ending 30 June 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 director acknowledges his 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 director on 5 March 2015

.........................................
Michael Dermot Paul Crowley
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Effective Touch Limited
trading as Effective Touch Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 June 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% straight line basis

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 2

Effective Touch Limited
trading as Effective Touch Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 June 2014
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 July 2013		4,683			4,683
Additions		399			399
At 30 June 2014		5,082			5,082
Depreciation
At 1 July 2013		4,074			4,074
Charge for the year		600			600
At 30 June 2014		4,674			4,674
Net book value
At 30 June 2014		408			408
At 30 June 2013		609			609

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary of £1 each		2			2			2			2

Page 3