EdWord Editorial Limited - Period Ending 2015-11-30

Registration number: 04961295

EdWord Editorial Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 November 2015
 

Paul A Hill & Co
Chartered Accountants
3 Bull Lane
ST IVES
Cambridgeshire
PE27 5AX

EdWord Editorial Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
EdWord Editorial Limited
for the Year Ended 30 November 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of EdWord Editorial Limited for the year ended 30 November 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of EdWord Editorial Limited, as a body, in accordance with the terms of our engagement letterdated 12 March 2005. Our work has been undertaken solely to prepare for your approval the accounts of EdWord Editorial Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EdWord Editorial Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that EdWord Editorial Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of EdWord Editorial Limited. You consider that EdWord Editorial Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of EdWord Editorial Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Paul A Hill & Co
Chartered Accountants
3 Bull Lane
ST IVES
Cambridgeshire
PE27 5AX

15 July 2016

Page 1

EdWord Editorial Limited
(Registration number: 04961295)
Abbreviated Balance Sheet at 30 November 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					998			449
Current assets
Debtors					1,332			4,888
Cash at bank and in hand					37,640			35,877
					38,972			40,765
Creditors: Amounts falling due within one year					(3,564)			(6,890)
Net current assets					35,408			33,875
Net assets					36,406			34,324
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					36,404			34,322
Shareholders' funds					36,406			34,324

For the year ending 30 November 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 15 July 2016 and signed on its behalf by:

.........................................
A E Crowden
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

EdWord Editorial Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 work undertaken by the company.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	20% Straight line

Deferred tax

Deferrred taxation is provided using the liability method. Provision is made at current rates of taxation in respect of all material timing differences.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

EdWord Editorial Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 December 2014		7,523			7,523
Additions		864			864
At 30 November 2015		8,387			8,387
Depreciation
At 1 December 2014		7,074			7,074
Charge for the year		315			315
At 30 November 2015		7,389			7,389
Net book value
At 30 November 2015		998			998
At 30 November 2014		449			449

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		2			2			2			2

Page 4