Estone Personal Credit Limited - Limited company - abbreviated - 11.0.0
Estone Personal Credit Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| FOR |
| ESTONE PERSONAL CREDIT LIMITED |
| ESTONE PERSONAL CREDIT LIMITED (REGISTERED NUMBER: 03729110) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the year ended 31 March 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| ESTONE PERSONAL CREDIT LIMITED |
| COMPANY INFORMATION |
| for the year ended 31 March 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| ESTONE PERSONAL CREDIT LIMITED (REGISTERED NUMBER: 03729110) |
| ABBREVIATED BALANCE SHEET |
| 31 March 2015 |
| 31.3.15 | 31.3.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the Board of Directors on |
| ESTONE PERSONAL CREDIT LIMITED (REGISTERED NUMBER: 03729110) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the year ended 31 March 2015 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company continues to maintain a high level of net current assets. The directors continue to envisage a high |
| liquidity and the company has no plans to seek finance from its bankers. As a result, the directors have concluded |
| that there are no material uncertainties regarding going concern and accordingly has adopted the going concern |
| basis of accounting. |
| 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 the total accrued in the period in respect of charges for credit, recharges and commission |
| receivable, net of any rebates allowed. All turnover is derived in the UK. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Fixed assets costing under £1000 are written off to the profit and loss account in the year that the expenditure |
| was incurred. |
| Fixed assets costing over £1000 are stated at cost less depreciation. |
| Deferred tax |
| Deferred tax is provided using the liability method in respect of all material timing differences that have |
| originated but not reversed by the balance sheet date. Deferred tax assets are recognised where it is considered |
| more likely than not that future profits will be available for offset. The company has not adopted a policy of |
| discounting deferred tax assets and liabilities. |
| 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. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2014 |
| Additions |
| Disposals | ( |
) |
| At 31 March 2015 |
| DEPRECIATION |
| At 1 April 2014 |
| Charge for year |
| At 31 March 2015 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| ESTONE PERSONAL CREDIT LIMITED (REGISTERED NUMBER: 03729110) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the year ended 31 March 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.15 | 31.3.14 |
| value: | £ | £ |
| Ordinary | £1 |
| 4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 March 2015 and |
| 31 March 2014: |
| 31.3.15 | 31.3.14 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year |