Abbreviated Company Accounts - EFT MADDISON LTD

EFT MANAGEMENT LTD - Company Information

09223996 EFT MADDISON LTD 2015-12-31 false 2014-09-18 2015-12-31 true 09223996 2014-09-18 2015-12-31 09223996 2015-12-31 09223996 uk-gaap-cd-bus:Director1 2014-09-18 2015-12-31 09223996 uk-gaap-cd-bus:Director2 2014-09-18 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-18 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 iso4217:GBP shares

Registered Number 09223996

EFT MADDISON LTD

Abbreviated Accounts

31 December 2015

EFT MADDISON LTD Registered Number 09223996

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015
		£
Called up share capital not paid		-
Fixed assets
Tangible assets	2	1,125
		1,125
Current assets
Cash at bank and in hand		8,745
		8,745
Creditors: amounts falling due within one year	3	(9,248)
Net current assets (liabilities)		(503)
Total assets less current liabilities		622
Total net assets (liabilities)		622
Capital and reserves
Called up share capital	4	1
Profit and loss account		621
Shareholders' funds		622

For the year ending 31 December 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 22 May 2016

And signed on their behalf by:
Samantha Giacomello, Director

EFT MADDISON LTD Registered Number 09223996

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and comply with financial reporting standards of the Accounting Standards Board.

The company has taken advantage of the exemption in FRS1 from the requirement to produce a
cashflow statement because it is a small company.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the period.

The total turnover of the company for the period has been derived from its principal activity wholly
undertaken in the UK.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Computer Equipment - 25% on the reducing balance

2Tangible fixed assets

	£
Cost
Additions	1,500
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	1,500
Depreciation
Charge for the year	375
On disposals	-
At 31 December 2015	375
Net book values
At 31 December 2015	1,125

3Creditors

	2015 £
Secured Debts	9,248

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £
1 Ordinary shares of £1 each	1