Early Mediation Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06822450 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2020

for

Early Mediation Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M M Gill

M McCloskey

SECRETARY:

M M Gill

REGISTERED OFFICE:

59 Lancaster Avenue

Guildford

Surrey

GU1 3JR

REGISTERED NUMBER:

06822450 (England and Wales)

ACCOUNTANTS:

A S TAXATION LIMITED

59 Lancaster Avenue

Guildford

Surrey

GU1 3JR

FIXED ASSETS

Tangible assets

4

1,921

1,744

CURRENT ASSETS

Debtors

5

23,157

17,515

Cash at bank

53,103

23,994

76,260

41,509

CREDITORS

Amounts falling due within one year

6

11,401

16,235

NET CURRENT ASSETS

64,859

25,274

TOTAL ASSETS LESS CURRENT LIABILITIES

66,780

27,018

CAPITAL AND RESERVES

Called up share capital

25

25

Retained earnings

66,755

26,993

SHAREHOLDERS' FUNDS

66,780

27,018

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2020 and were signed on its behalf by:

M McCloskey - Director

1.	STATUTORY INFORMATION

Early Mediation Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different

from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and

laws that have been enacted or substantively enacted by the year end and that are expected to apply to the

reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2019

2,907

Additions

947

At 31 March 2020

3,854

DEPRECIATION

At 1 April 2019

1,163

Charge for year

770

At 31 March 2020

1,933

NET BOOK VALUE

At 31 March 2020

1,921

At 31 March 2019

1,744

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade debtors

23,157

17,515

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade creditors

200

200

Taxation and social security

11,201

6,517

Other creditors

-

9,518

11,401

16,235