Abbreviated Company Accounts - ESSENCE DESIGN LIMITED

ESSENCE DESIGN LIMITED - Company Information

03259117 ESSENCE DESIGN LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true 03259117 2013-11-01 2014-10-31 03259117 2014-10-31 03259117 2013-10-31 03259117 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 03259117 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP shares

Registered Number 03259117

ESSENCE DESIGN LIMITED

Abbreviated Accounts

31 October 2014

ESSENCE DESIGN LIMITED Registered Number 03259117

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	10,371	12,201
		10,371	12,201
Current assets
Debtors		397	10,800
Cash at bank and in hand		65,451	95,876
		65,848	106,676
Creditors: amounts falling due within one year		(39,248)	(89,061)
Net current assets (liabilities)		26,600	17,615
Total assets less current liabilities		36,971	29,816
Total net assets (liabilities)		36,971	29,816
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		36,969	29,814
Shareholders' funds		36,971	29,816

For the year ending 31 October 2014 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 16 July 2015

And signed on their behalf by:
Steven Wilber, Director

ESSENCE DESIGN LIMITED Registered Number 03259117

Notes to the Abbreviated Accounts for the period ended 31 October 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
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 assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 15% reducing balance
Fixtures, fittings and equipment 15% reducing balance

2Tangible fixed assets

	£
Cost
At 1 November 2013	40,217
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	40,217
Depreciation
At 1 November 2013	28,016
Charge for the year	1,830
On disposals	-
At 31 October 2014	29,846
Net book values
At 31 October 2014	10,371
At 31 October 2013	12,201

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2