E. M. S. Consolidated Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03872267 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

E. M. S. CONSOLIDATED LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr A P Smith

Mrs S E Smith

SECRETARY:

Mrs S E Smith

REGISTERED OFFICE:

17 Bell Lane

Staplehurst

Kent

TN12 0BB

REGISTERED NUMBER:

03872267 (England and Wales)

ACCOUNTANTS:

Anderson Phillips Accountants Limited

Chartered Certified Accountants

2 Exeter House

Beaufort Court

Sir Thomas Longley Road

Rochester

Kent

ME2 4FE

FIXED ASSETS

Intangible assets

2

26,000

32,500

Tangible assets

3

313,863

53,584

339,863

86,084

CURRENT ASSETS

Debtors

84,239

113,563

Cash at bank

10,030

190,727

94,269

304,290

CREDITORS

Amounts falling due within one year

79,260

102,396

NET CURRENT ASSETS

15,009

201,894

TOTAL ASSETS LESS CURRENT
LIABILITIES

354,872

287,978

CREDITORS

Amounts falling due after more than one
year

4

(74,788

)

-

PROVISIONS FOR LIABILITIES

(5,505

)

(3,772

)

NET ASSETS

274,579

284,206

CAPITAL AND RESERVES

Called up share capital

5

2

Profit and loss account

274,577

284,204

SHAREHOLDERS' FUNDS

274,579

284,206

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 15 June 2016 and were signed on its behalf by:

Mr A P Smith - Director

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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

5% on reducing balance and not provided

Plant and machinery etc

-

25% on reducing balance

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

65,000

AMORTISATION

At 1 April 2015

32,500

Amortisation for year

6,500

At 31 March 2016

39,000

NET BOOK VALUE

At 31 March 2016

26,000

At 31 March 2015

32,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

111,851

Additions

276,724

At 31 March 2016

388,575

DEPRECIATION

At 1 April 2015

58,267

Charge for year

16,445

At 31 March 2016

74,712

NET BOOK VALUE

At 31 March 2016

313,863

At 31 March 2015

53,584

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.3.16

31.3.15

£

Repayable by instalments

25,036

-

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2

Ordinary

1

2