Erlebo Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 02136954 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

FOR

ERLEBO LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Brown

G Knights

D J Knights

SECRETARY:

J Brown

REGISTERED OFFICE:

Victoria House

44-45 Queens Road

Coventry

West Midlands

CV1 3EH

REGISTERED NUMBER:

02136954 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

Victoria House

44-45 Queens Road

Coventry

West Midlands

CV1 3EH

FIXED ASSETS

Tangible assets

2

13,836

18,223

CURRENT ASSETS

Stocks

83,058

89,349

Debtors

87,535

82,466

Cash at bank and in hand

82,353

65,349

252,946

237,164

CREDITORS

Amounts falling due within one year

51,619

54,535

NET CURRENT ASSETS

201,327

182,629

TOTAL ASSETS LESS CURRENT LIABILITIES

215,163

200,852

CAPITAL AND RESERVES

Called up share capital

3

2

2

Capital redemption reserve

1

1

Profit and loss account

215,160

200,849

SHAREHOLDERS' FUNDS

215,163

200,852

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 27 January 2016 and were signed on its behalf by:

D J Knights - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at

the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of

exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at

the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 30 April 2015

97,864

DEPRECIATION

At 1 May 2014

79,641

Charge for year

4,387

At 30 April 2015

84,028

NET BOOK VALUE

At 30 April 2015

13,836

At 30 April 2014

18,223

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2