The Elektra Partnership Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08198270 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2015

for

The Elektra Partnership Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Ms S F Shiers

G Gelalis

SECRETARY:

REGISTERED OFFICE:

Lakeview House

4 Woodbrook Crescent

Billericay

Essex

CM12 0EQ

REGISTERED NUMBER:

08198270 (England and Wales)

ACCOUNTANTS:

The Randall Partnership Ltd

Chartered Accountants

Blue House Farm Office

Brentwood Road

West Horndon

Essex

CM13 3LX

FIXED ASSETS

Tangible assets

2

4,435

5,675

CURRENT ASSETS

Debtors

94,743

80,419

Cash at bank

68,968

38,761

163,711

119,180

CREDITORS

Amounts falling due within one year

27,871

29,824

NET CURRENT ASSETS

135,840

89,356

TOTAL ASSETS LESS CURRENT LIABILITIES

140,275

95,031

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

140,175

94,931

SHAREHOLDERS' FUNDS

140,275

95,031

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 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 22 April 2016 and were signed on its behalf by:

Ms S F Shiers - 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 April 2008).

Turnover

Turnover represents the value of sales to customers, net of discounts, allowances, volume and promotional

rebates and other payments to customers and excludes VAT. Sale of goods are recognised when the company

has delivered product to the customer, the customer has accepted the products and collectability of the related

receivable is reasonably assured.

Tangible fixed assets

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

Deferred tax

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods

different from those in which they are included in the company's accounts. Deferred tax is provided in full on

timing differences which result in an obligation to to pay more (or a right to pay less) tax at a future, at the tax

rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

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

At 1 October 2014

and 30 September 2015

6,915

DEPRECIATION

At 1 October 2014

1,240

Charge for year

1,240

At 30 September 2015

2,480

NET BOOK VALUE

At 30 September 2015

4,435

At 30 September 2014

5,675

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

£

100

Ordinary

1

100

100