EMBERS_BRISTOL_LTD - Accounts

EMBERS BRISTOL LTD - Company Information

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Company Registration No. 07429042 (England and Wales)

EMBERS BRISTOL LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2014

EMBERS BRISTOL LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

EMBERS BRISTOL LTD

ABBREVIATED BALANCE SHEET

AS AT

30 NOVEMBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

3,478

4,638

Current assets

Stocks

26,353

27,856

Debtors

17,442

20,179

Cash at bank and in hand

18,739

24,856

62,534

72,891

Creditors: amounts falling due within one year

(63,115)

(70,624)

Net current (liabilities)/assets

(581)

2,267

Total assets less current liabilities

2,897

6,905

Provisions for liabilities

(696)

(928)

2,201

5,977

Capital and reserves

Called up share capital

100

Profit and loss account

2,101

5,877

Shareholders' funds

2,201

5,977

For the financial year ended 30 November 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 28 August 2015

Mr C Zammit

Director

Company Registration No. 07429042

EMBERS BRISTOL LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

25% on the reducing balance

1.5

Stock

Stock is valued at the lower of cost and net realisable value.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 December 2013 & at 30 November 2014

9,507

Depreciation

At 1 December 2013

4,869

Charge for the year

1,160

At 30 November 2014

6,029

Net book value

At 30 November 2014

3,478

At 30 November 2013

4,638

EMBERS BRISTOL LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 NOVEMBER 2014

- 3 -

Share capital

2014

2013

Allotted, called up and fully paid

100 ordinary shares of £1 each

100