Abbreviated Company Accounts - EMBIBE LIMITED

07262741 EMBIBE LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 07262741 2014-04-01 2015-03-31 07262741 2015-03-31 07262741 2014-03-31 07262741 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07262741 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-03-31 iso4217:GBP shares

Registered Number 07262741

EMBIBE LIMITED

Abbreviated Accounts

31 March 2015

EMBIBE LIMITED Registered Number 07262741

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	1,000	3,000
Tangible assets	3	23,396	24,385
		24,396	27,385
Current assets
Stocks		5,835	5,640
Debtors		12,894	33,901
Cash at bank and in hand		14,470	12,867
		33,199	52,408
Creditors: amounts falling due within one year		(48,219)	(64,387)
Net current assets (liabilities)		(15,020)	(11,979)
Total assets less current liabilities		9,376	15,406
Creditors: amounts falling due after more than one year		(8,500)	(14,451)
Provisions for liabilities		(632)	(762)
Total net assets (liabilities)		244	193
Capital and reserves
Called up share capital	4	101	101
Profit and loss account		143	92
Shareholders' funds		244	193

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 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 21 December 2015

And signed on their behalf by:
R P Smith, Director

EMBIBE LIMITED Registered Number 07262741

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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 - 25% reducing balance

Intangible assets amortisation policy
Amortisation has been provided at the following rates in order to write off the asset over its estimated useful lives of 5 years

2Intangible fixed assets

	£
Cost
At 1 April 2014	10,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	10,000
Amortisation
At 1 April 2014	7,000
Charge for the year	2,000
On disposals	-
At 31 March 2015	9,000
Net book values
At 31 March 2015	1,000
At 31 March 2014	3,000

3Tangible fixed assets

	£
Cost
At 1 April 2014	31,402
Additions	560
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	31,962
Depreciation
At 1 April 2014	7,017
Charge for the year	1,549
On disposals	-
At 31 March 2015	8,566
Net book values
At 31 March 2015	23,396
At 31 March 2014	24,385

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100
1 A Ordinary shares of £1 each	1	1