EPSILON_BIOCONSULTING_LIM - Accounts
EPSILON_BIOCONSULTING_LIM - Accounts
Company Registration No. 09065405 (England and Wales)
ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 30 JUNE 2015
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2015
- 1 -
2015
Notes
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(53,461 )
Net current assets
Total assets less current liabilities
Provisions for liabilities
(418 )
55,561
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
Director's responsibilities:
-
-
Approved by the Board for issue on 5 February 2016
Director
Company Registration No. 09065405
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 30 JUNE 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
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
1.4
Tangible fixed assets and depreciation
Fixtures, fittings & equipment
1.5
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
1.6
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.
1.7
Government grants
Grants are credited to deferred revenue. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2015
- 3 -
2
Fixed assets
Tangible assets
£
Cost
At 2 June 2014
-
Additions
2,566
At 30 June 2015
2,566
Depreciation
At 2 June 2014
-
Charge for the period
478
At 30 June 2015
478
Net book value
At 30 June 2015
2,088
3
Share capital
2015
£
Allotted, called up and fully paid
During the period, one ordinary share of £1 each was allotted and fully paid at par for cash consideration to provide company's initial share capital.
4
Related party relationships and transactions
Other related party transactions
Included in other creditors is an amount, £34,460, owing to Dr C E Owen, the director of the company..