Eastco Limited - Abbreviated accounts 16.1

Eastco Limited - Abbreviated accounts 16.1


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REGISTERED NUMBER: 08604773 (England and Wales)






Eastco Limited

Abbreviated Accounts

for the Year Ended 31 July 2015






Eastco Limited (Registered number: 08604773)

Contents of the Abbreviated Accounts
for the year ended 31 July 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Eastco Limited

Company Information
for the year ended 31 July 2015







DIRECTOR: Mr N Smillie





REGISTERED OFFICE: 33 George Street
Wakefield
West Yorkshire
WF1 1LX





REGISTERED NUMBER: 08604773 (England and Wales)





ACCOUNTANTS: Jolliffe Cork LLP
Chartered Accountants
33 George Street
Wakefield
West Yorkshire
WF1 1LX

Eastco Limited (Registered number: 08604773)

Abbreviated Balance Sheet
31 July 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 746 -

CURRENT ASSETS
Debtors 130,835 21,140
Cash at bank 25,728 100,085
156,563 121,225
CREDITORS
Amounts falling due within one year 39,555 54,508
NET CURRENT ASSETS 117,008 66,717
TOTAL ASSETS LESS CURRENT
LIABILITIES

117,754

66,717

PROVISIONS FOR LIABILITIES 149 -
NET ASSETS 117,605 66,717

Eastco Limited (Registered number: 08604773)

Abbreviated Balance Sheet - continued
31 July 2015

2015 2014
Notes £    £    £    £   

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 117,505 66,617
SHAREHOLDERS' FUNDS 117,605 66,717

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 27 April 2016 and were signed by:





Mr N Smillie - Director


Eastco Limited (Registered number: 08604773)

Notes to the Abbreviated Accounts
for the year ended 31 July 2015


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 services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer equipment - 20% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

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
Additions 932
At 31 July 2015 932
DEPRECIATION
Charge for year 186
At 31 July 2015 186
NET BOOK VALUE
At 31 July 2015 746

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100