E-INSURANCE TRADING LTD

E-INSURANCE TRADING LTD

E-INSURANCE TRADING LTD - Company Information

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E-INSURANCE TRADING LTD

Company Registration Number:
06673852 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2019

Period of accounts

Start date: 01 January 2019

End date: 31 December 2019

E-INSURANCE TRADING LTD

Contents of the Financial Statements

for the Period Ended 31 December 2019

Balance sheet
Notes

E-INSURANCE TRADING LTD

Balance sheet

As at 31 December 2019


Notes
2019
2018


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,364 4,546
Investments:   0 0
Total fixed assets: 1,364 4,546
Current assets
Stocks: 0 0
Debtors:   39,467 32,849
Cash at bank and in hand: 69,642 30,751
Investments:   0 0
Total current assets: 109,109 63,600
Creditors: amounts falling due within one year:   (37,574) (29,708)
Net current assets (liabilities): 71,535 33,892
Total assets less current liabilities: 72,899 38,438
Creditors: amounts falling due after more than one year: 4 (320,400) (320,400)
Provision for liabilities: 0 0
Total net assets (liabilities): (247,501) (281,962)
Capital and reserves
Called up share capital: 153,881 153,881
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (401,382) (435,843)
Shareholders funds: (247,501) (281,962)

The notes form part of these financial statements

E-INSURANCE TRADING LTD

Balance sheet statements

For the year ending 31 December 2019 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 July 2020
and signed on behalf of the board by:

Name: Paul Scanlon
Status: Director

The notes form part of these financial statements

E-INSURANCE TRADING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

E-INSURANCE TRADING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2019

2. Employees

2019 2018
Average number of employees during the period 12 11

E-INSURANCE TRADING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2019

3. Tangible Assets

Total
Cost £
At 01 January 2019 10,446
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2019 10,446
Depreciation
At 01 January 2019 5,900
Charge for year 3,182
On disposals 0
Other adjustments 0
At 31 December 2019 9,082
Net book value
At 31 December 2019 1,364
At 31 December 2018 4,546

E-INSURANCE TRADING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2019

4. Creditors: amounts falling due after more than one year note

Creditors greater than one year represents an FCA approved Subordinated Loan from Endorphin Holdings Ltd.