Eyeris Limited - Period Ending 2015-03-31

Registration number: 06048168

Eyeris Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2015
 

EK Williams
1 Pavilion Square
Cricketers Way
Westhoughton
Bolton
BL5 3AJ

Eyeris Limited
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

Eyeris Limited
(Registration number: 06048168)
Abbreviated Balance Sheet at 31 March 2015

		Note			2015 £			2014 £
Fixed assets
Investments					38,190			38,190
Current assets
Cash at bank and in hand					460			1,341
Creditors: Amounts falling due within one year					(32,853)			(22,451)
Net current liabilities					(32,393)			(21,110)
Total assets less current liabilities					5,797			17,080
Creditors: Amounts falling due after more than one year					(9,992)			(19,856)
Net liabilities					(4,195)			(2,776)
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					(4,295)			(2,876)
Shareholders' deficit					(4,195)			(2,776)

For the year ending 31 March 2015 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 notes on pages 3 to 4 form an integral part of these financial statements.
Page 1

Eyeris Limited
(Registration number: 06048168)
Abbreviated Balance Sheet at 31 March 2015
......... continued

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 December 2015 and signed on its behalf by:

.........................................
Mr J Hall
Director

.........................................
Mrs S M Hall
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Eyeris Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 group accounts

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Going concern

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurances from the director that he will continue to give financial support to the company for twelve months from the date of the signing of these financial statements.

On this basis, the director considers it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of the assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

Eyeris Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

2	Fixed assets

		Investments £			Total £
Cost
At 1 April 2014		38,190			38,190
At 31 March 2015		38,190			38,190
Depreciation
At 31 March 2015		-			-
Net book value
At 31 March 2015		38,190			38,190
At 31 March 2014		38,190			38,190

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

Page 4