Edian Design Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04916112 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2015

for

Edian Design Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Miss E Balogh

SECRETARY:

M Damanik

REGISTERED OFFICE:

The Apex

2 Sheriffs Orchard

Coventry

Warwickshire

CV1 3PP

REGISTERED NUMBER:

04916112 (England and Wales)

ACCOUNTANTS:

Burnbecks Limited

Chartered Certified Accountants

2B Haddo Street

Greenwich

London

SE10 9RN

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

282

420

282

420

CURRENT ASSETS

Debtors

1,097

1,030

Cash at bank

696

872

1,793

1,902

CREDITORS

Amounts falling due within one year

9,825

7,325

NET CURRENT LIABILITIES

(8,032

)

(5,423

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,750

)

(5,003

)

CREDITORS

Amounts falling due after more than one
year

25,736

23,289

NET LIABILITIES

(33,486

)

(28,292

)

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

(33,488

)

(28,294

)

SHAREHOLDERS' FUNDS

(33,486

)

(28,292

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 28 June 2016 and were signed by:

Miss E Balogh - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

At balance sheet date the company's liabilities exceeded its assets by £33,486 and the company's

working capital is provided by a director's loan and a loan from a third party totalling £35,236.

As the director and third party are not seeking immediate repayment of their loans, the director has

considered it appropriate to prepare these accounts on a going concern basis.

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 services, excluding value added tax.

Tangible fixed assets

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

Office equipment

-

25% on reducing balance

Computer equipment

-

33% 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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

10,000

AMORTISATION

At 1 October 2014

and 30 September 2015

10,000

NET BOOK VALUE

At 30 September 2015

-

At 30 September 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

7,108

DEPRECIATION

At 1 October 2014

6,688

Charge for year

138

At 30 September 2015

6,826

NET BOOK VALUE

At 30 September 2015

282

At 30 September 2014

420

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

2

Ordinary

£1

2