Eco-Exmoor Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04771377

Abbreviated Unaudited Accounts

for the Year Ended 31 May 2014

for

Eco-Exmoor Ltd

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Tangible assets

2

1,317

3,297

CURRENT ASSETS

Stocks

17,337

5,115

Debtors

25,814

11,910

Cash at bank and in hand

20,922

87,018

64,073

104,043

CREDITORS

Amounts falling due within one year

25,104

26,991

NET CURRENT ASSETS

38,969

77,052

TOTAL ASSETS LESS CURRENT LIABILITIES

40,286

80,349

PROVISIONS FOR LIABILITIES

-

444

NET ASSETS

40,286

79,905

CAPITAL AND RESERVES

Called up share capital

3

100

2

Capital redemption reserve

1

1

Profit and loss account

40,185

79,902

SHAREHOLDERS' FUNDS

40,286

79,905

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 26 August 2014 and were signed on its behalf by:

Mr A Barrett - Director

1.	ACCOUNTING POLICIES

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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

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.

Tangible fixed assets

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

Plant and machinery

-

25% straight line

Fixtures and fittings

-

25% straight line

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Full provision is made for deferred tax liabilities arising from timing differences between the recognition of items

in the accounts and their recognition for tax purposes. Deferred tax balances are not discounted.

Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no

commitment to sell the asset.

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.

Going concern

Having regard to the company's anticipated future revenues and costs including repayment of debt where

appropriate, together with the expected availability of working capital, the directors consider that it is

appropriate to prepare the financial statements on the going concern basis.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

30,213

Additions

166

At 31 May 2014

30,379

DEPRECIATION

At 1 June 2013

26,916

Charge for year

2,146

At 31 May 2014

29,062

NET BOOK VALUE

At 31 May 2014

1,317

At 31 May 2013

3,297

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

2

98 Ordinary shares of £1 were issued during the year for cash of £ 98 .

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES