ETERNUM_LIMITED - Accounts

ETERNUM LTD - Company Information

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Company Registration No. 06983727 (England and Wales)

ETERNUM LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2015

ETERNUM LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

ETERNUM LIMITED

ABBREVIATED BALANCE SHEET

AS AT

28 FEBRUARY 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

7,083

Current assets

Debtors

8,967

10,170

Cash at bank and in hand

8,974

1,922

17,941

12,092

Creditors: amounts falling due within one year

(14,069)

(16,009)

Net current assets/(liabilities)

3,872

(3,917)

Total assets less current liabilities

3,872

3,166

Capital and reserves

Called up share capital

440

200

Share premium account

10,970

Profit and loss account

(7,538)

(8,004)

Shareholders' funds

3,872

3,166

For the financial year ended 28 February 2015 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 26 November 2015

Mr Siten Mandalia

Director

Company Registration No. 06983727

ETERNUM LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2015

- 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:

Plant and machinery

Computer equipment

1.5

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

Fixed assets

Cost

At 1 March 2014 & at 28 February 2015

At 28 February 2014

7,083

Share capital

2015

2014

Allotted, called up and fully paid

440 Oridnary shares of £1 each

440

200