| EPS Training and Events Ltd |
| Registered number: |
07101042 |
| Abbreviated Balance Sheet |
| as at 31 December 2013 |
|
| Notes |
|
|
2013 |
|
|
2012 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
- |
|
|
1,131 |
|
| Current assets |
| Debtors |
|
|
4,238 |
|
|
11,269 |
| Cash at bank and in hand |
|
|
1,118 |
|
|
397 |
|
|
|
5,356 |
|
|
11,666 |
|
| Creditors: amounts falling due within one year |
|
|
(113,490) |
|
|
(98,505) |
|
| Net current liabilities |
|
|
|
(108,134) |
|
|
(86,839) |
|
| Net liabilities |
|
|
|
(108,134) |
|
|
(85,708) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(108,234) |
|
|
(85,808) |
|
| Shareholder's funds |
|
|
|
(108,134) |
|
|
(85,708) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr D E Cloake |
| Director |
| Approved by the board on 24 September 2014 |
|
| EPS Training and Events Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 December 2013 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
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. |
|
|
Depreciation |
|
Amortisation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Intangible Assets |
25% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
Deferred taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2013 |
2,250 |
|
At 31 December 2013 |
2,250 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 January 2013 |
1,119 |
|
Provided during the year |
1,131 |
|
At 31 December 2013 |
2,250 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2013 |
- |
|
At 31 December 2012 |
1,131 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2013 |
|
2013 |
|
2012 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
