Abbreviated Company Accounts - E.B.G. (UK) LIMITED

Abbreviated Company Accounts - E.B.G. (UK) LIMITED

E.B.G. (UK) LIMITED - Company Information

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Registered Number 02796584

E.B.G. (UK) LIMITED

Abbreviated Accounts

31 October 2015

E.B.G. (UK) LIMITED Registered Number 02796584

Abbreviated Balance Sheet as at 31 October 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 30,569 25,919
30,569 25,919
Current assets
Stocks 61,246 33,173
Debtors 87,531 60,708
Cash at bank and in hand 17,440 39,653
166,217 133,534
Creditors: amounts falling due within one year (110,165) (22,775)
Net current assets (liabilities) 56,052 110,759
Total assets less current liabilities 86,621 136,678
Creditors: amounts falling due after more than one year (6,803) -
Total net assets (liabilities) 79,818 136,678
Capital and reserves
Called up share capital 211 211
Share premium account 126,873 126,873
Other reserves 36 36
Profit and loss account (47,302) 9,558
Shareholders' funds 79,818 136,678
  • For the year ending 31 October 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 6 July 2016

And signed on their behalf by:
M ANTHONY, Director

E.B.G. (UK) LIMITED Registered Number 02796584

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
THE TURNOVER SHOWN IN THE PROFIT AND LOSS ACCOUNT REPRESENTS REVENUE RECOGNISED BY THE COMPANY IN RESPECT OF GOODS AND SERVICES SUPPLIED DURING THE PERIOD, EXCLUSIVE OF VALUE ADDED TAX AND TRADE DISCOUNTS.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows: Plant and machinery and vehicles: 25% reducing balance

Valuation information and policy
Stock is valued at the lower of cost and net realisable value

2Tangible fixed assets
£
Cost
At 1 November 2014 129,998
Additions 16,082
Disposals (10,596)
Revaluations -
Transfers -
At 31 October 2015 135,484
Depreciation
At 1 November 2014 104,079
Charge for the year 7,867
On disposals (7,031)
At 31 October 2015 104,915
Net book values
At 31 October 2015 30,569
At 31 October 2014 25,919