Abbreviated Company Accounts - EASY RESOURCES LIMITED

EASY RESOURCES LIMITED - Company Information

04604126 EASY RESOURCES LIMITED 2014-11-30 false 2013-12-01 2014-11-30 true 04604126 2013-12-01 2014-11-30 04604126 2014-11-30 04604126 2013-11-30 04604126 uk-gaap-cd-bus:Director1 2013-12-01 2014-11-30 04604126 uk-gaap-cd-bus:Director2 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 iso4217:GBP shares

Registered Number 04604126

EASY RESOURCES LIMITED

Abbreviated Accounts

30 November 2014

EASY RESOURCES LIMITED Registered Number 04604126

Abbreviated Balance Sheet as at 30 November 2014

	Notes	2014	2013
		£	£
Fixed assets
Investments	2	119,148	119,148
		119,148	119,148
Current assets
Debtors		277,551	254,958
Cash at bank and in hand		7,625	5,366
		285,176	260,324
Creditors: amounts falling due within one year		(392,288)	(394,125)
Net current assets (liabilities)		(107,112)	(133,801)
Total assets less current liabilities		12,036	(14,653)
Total net assets (liabilities)		12,036	(14,653)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		12,035	(14,654)
Shareholders' funds		12,036	(14,653)

For the year ending 30 November 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 9 December 2015

And signed on their behalf by:
BARRY FELDMAN, Director

EASY RESOURCES LIMITED Registered Number 04604126

Notes to the Abbreviated Accounts for the period ended 30 November 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 April 2008.

Turnover policy
The turnover shown in the profit and loss accounts consists solely of rental income.

Other accounting policies
Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

2Fixed assets Investments
The investment is a part share in UK property.

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

	2014 £	2013 £
1 Ordinary share of £1 each	1	1