| EMTACS Accountants Ltd |
| Registered number: |
07585854 |
| Abbreviated Balance Sheet |
| as at 30 September 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
150,000 |
|
|
150,000 |
| Tangible assets |
3 |
|
|
12,297 |
|
|
3,211 |
|
|
|
|
162,297 |
|
|
153,211 |
|
| Current assets |
| Debtors |
|
|
56,500 |
|
|
39,845 |
| Cash at bank and in hand |
|
|
68,346 |
|
|
1,620 |
|
|
|
124,846 |
|
|
41,465 |
|
| Creditors: amounts falling due within one year |
|
|
(248,571) |
|
|
(189,021) |
|
| Net current liabilities |
|
|
|
(123,725) |
|
|
(147,556) |
|
| Net assets |
|
|
|
38,572 |
|
|
5,655 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
100 |
|
|
5 |
| Profit and loss account |
|
|
|
38,472 |
|
|
5,650 |
|
| Shareholders' funds |
|
|
|
38,572 |
|
|
5,655 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Robert Gordon Roper |
| Director |
| Approved by the board on 22 June 2014 |
|
| EMTACS Accountants Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 30 September 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Computers & Equipment |
25% reducing balance |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 October 2013 |
150,000 |
|
At 30 September 2014 |
150,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 30 September 2014 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2014 |
150,000 |
|
At 30 September 2013 |
150,000 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 October 2013 |
3,851 |
|
Additions |
10,611 |
|
At 30 September 2014 |
14,462 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2013 |
640 |
|
Charge for the year |
1,525 |
|
At 30 September 2014 |
2,165 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2014 |
12,297 |
|
At 30 September 2013 |
3,211 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£0.10 each |
|
1,000 |
|
100 |
|
5 |
|
|
|
|
|
|
|
|
|
| Nominal |
Number |
Amount |
| value |
£ |
|
Shares issued during the period: |
|
Ordinary shares |
£0.10 each |
|
950 |
|
95 |
|
|
|
|
|
|
|
