| Emerald Eagle Training Services Limited |
| Registered number: |
07743672 |
| Abbreviated Balance Sheet |
| as at 31 August 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
- |
|
|
- |
| Tangible assets |
3 |
|
|
12,227 |
|
|
140 |
| Investments |
4 |
|
|
- |
|
|
- |
|
|
|
|
12,227 |
|
|
140 |
|
| Current assets |
| Stocks |
|
|
- |
|
|
- |
| Debtors |
5 |
|
24,190 |
|
|
8,285 |
| Investments held as current assets |
|
|
- |
|
|
- |
| Cash at bank and in hand |
|
|
3,145 |
|
|
1,848 |
|
|
|
27,335 |
|
|
10,133 |
|
| Creditors: amounts falling due within one year |
|
|
(19,685) |
|
|
(6,150) |
|
| Net current assets |
|
|
|
7,650 |
|
|
3,983 |
|
| Total assets less current liabilities |
|
|
|
19,877 |
|
|
4,123 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
- |
|
|
- |
|
| Provisions for liabilities |
|
|
|
- |
|
|
- |
|
|
| Net assets |
|
|
|
19,877 |
|
|
4,123 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
7 |
|
|
1 |
|
|
1 |
| Share premium |
|
|
|
- |
|
|
- |
| Revaluation reserve |
|
|
|
- |
|
|
- |
| Capital redemption reserve |
|
|
|
- |
|
|
- |
| Profit and loss account |
|
|
|
19,876 |
|
|
4,122 |
|
| Shareholders' funds |
|
|
|
19,877 |
|
|
4,123 |
|
|
|
|
|
|
|
|
| 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 members have 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. |
|
|
|
| T Foster |
| Director |
| Approved by the board on 3 April 2016 |
|
| Emerald Eagle Training Services Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 August 2015 |
|
| 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 January 2015). |
|
|
Turnover |
|
Turnover represents net invoiced sales of goods, excluding value added tax. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Furniture & Fixtures |
20% straight line |
|
Office Equipment |
20% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
Deferred taxation |
|
No provision for deferred tax is required. |
|
|
Foreign currencies |
|
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. |
|
|
Leasing and hire purchase commitments |
|
Rentals paid under operating leases are charges to the profit and loss account on a straight line bases over the period of the lease. |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 September 2014 |
- |
|
Additions |
- |
|
Disposals |
- |
|
At 31 August 2015 |
- |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 September 2014 |
- |
|
Provided during the year |
- |
|
On disposals |
- |
|
At 31 August 2015 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2015 |
- |
|
At 31 August 2014 |
- |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 September 2014 |
419 |
|
Additions |
16,061 |
|
Surplus on revaluation |
- |
|
Disposals |
- |
|
At 31 August 2015 |
16,480 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2014 |
279 |
|
Charge for the year |
3,974 |
|
Surplus on revaluation |
- |
|
On disposals |
- |
|
At 31 August 2015 |
4,253 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2015 |
12,227 |
|
At 31 August 2014 |
140 |
|
|
|
|
|
|
|
|
| 4 |
Investments |
£ |
|
|
Cost |
|
At 1 September 2014 |
- |
|
Additions |
- |
|
Disposals |
- |
|
|
At 31 August 2015 |
- |
|
|
|
|
|
|
|
|
The company holds 20% or more of the share capital of the following companies: |
|
| Capital and |
Profit (loss) |
|
Company |
Shares held |
reserves |
for the year |
|
|
Class |
% |
£ |
£ |
|
[Company name 1] |
Ordinary |
- |
|
- |
|
- |
|
[Company name 2] |
Ordinary |
- |
|
- |
|
- |
|
[Company name 3] |
Ordinary |
- |
|
- |
|
- |
|
[Company name 4] |
Ordinary |
- |
|
- |
|
- |
|
| 5 |
Debtors |
2015 |
|
2014 |
| £ |
£ |
|
Debtors include: |
|
|
Amounts due after more than one year |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
| 6 |
Loans |
2015 |
|
2014 |
| £ |
£ |
|
Creditors include: |
|
Amounts falling due for payment after more than five years |
- |
|
- |
|
Secured bank loans |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
| 7 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
- |
|
1 |
|
1 |
|
B Ordinary shares |
£1 each |
|
- |
|
- |
|
- |
|
|
|
|
|
|
1 |
|
1 |
|
? Preference shares |
£1 each |
|
- |
|
- |
|
- |
|
|
|
|
|
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
| Nominal |
Number |
Amount |
| value |
£ |
|
Shares issued during the period: |
|
Ordinary shares |
£1 each |
|
- |
|
- |
|
B Ordinary shares |
£1 each |
|
- |
|
- |
|
|
|
|
|
|
- |
|
? Preference shares |
£1 each |
|
- |
|
- |
|
|
|
|
|
|
- |
|
|
|
|
|
|
|
|
| 8 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
T Foster |
|
[Loan 1] |
- |
|
- |
|
- |
|
- |
|
[Loan 2] |
- |
|
- |
|
- |
|
- |
|
|
B Twydle |
|
[Loan 1] |
- |
|
- |
|
- |
|
- |
|
[Loan 2] |
- |
|
- |
|
- |
|
- |
|
|
[Director 3] |
|
[Loan 1] |
- |
|
- |
|
- |
|
- |
|
[Loan 2] |
- |
|
- |
|
- |
|
- |
|
|
[Director 4] |
|
[Loan 1] |
- |
|
- |
|
- |
|
- |
|
[Loan 2] |
- |
|
- |
|
- |
|
- |
|
|
[Director 5] |
|
[Loan 1] |
- |
|
- |
|
- |
|
- |
|
[Loan 2] |
- |
|
- |
|
- |
|
- |
|
|
[Director 6] |
|
[Loan 1] |
- |
|
- |
|
- |
|
- |
|
[Loan 2] |
- |
|
- |
|
- |
|
- |
|
|
[Director 7] |
|
[Loan 1] |
- |
|
- |
|
- |
|
- |
|
[Loan 2] |
- |
|
- |
|
- |
|
- |
|
|
[Director 8] |
|
[Loan 1] |
- |
|
- |
|
- |
|
- |
|
[Loan 2] |
- |
|
- |
|
- |
|
- |
|
|
[Director 9] |
|
[Loan 1] |
- |
|
- |
|
- |
|
- |
|
[Loan 2] |
- |
|
- |
|
- |
|
- |
|
|
|
- |
|
- |
|
- |
|
- |
|
|
|
|
|
|
|
|
|
|
| 9 |
Guarantees made by the company on behalf of directors |
|
Description and terms |
Maximum |
Amount paid |
| liability |
and incurred |
| £ |
£ |
|
T Foster |
|
[Guarantee 1] |
|
- |
|
- |
|
[Guarantee 2] |
|
- |
|
- |
|
|
B Twydle |
|
[Guarantee 1] |
|
- |
|
- |
|
[Guarantee 2] |
|
- |
|
- |
|
|
[Director 3] |
|
[Guarantee 1] |
|
- |
|
- |
|
[Guarantee 2] |
|
- |
|
- |
|
|
[Director 4] |
|
[Guarantee 1] |
|
- |
|
- |
|
[Guarantee 2] |
|
- |
|
- |
|
|
[Director 5] |
|
[Guarantee 1] |
|
- |
|
- |
|
[Guarantee 2] |
|
- |
|
- |
|
|
[Director 6] |
|
[Guarantee 1] |
|
- |
|
- |
|
[Guarantee 2] |
|
- |
|
- |
|
|
[Director 7] |
|
[Guarantee 1] |
|
- |
|
- |
|
[Guarantee 2] |
|
- |
|
- |
|
|
[Director 8] |
|
[Guarantee 1] |
|
- |
|
- |
|
[Guarantee 2] |
|
- |
|
- |
|
|
[Director 9] |
|
[Guarantee 1] |
|
- |
|
- |
|
[Guarantee 2] |
|
- |
|
- |
|
|
|
|
|
- |
|
- |
|
|
|
|
|
|
|
