Abbreviated Company Accounts - ETHICOMM LIMITED

07543734 ETHICOMM LIMITED 2014-02-28 false 2013-03-01 2014-02-28 true 07543734 2013-03-01 2014-02-28 07543734 2014-02-28 07543734 2013-02-28 07543734 uk-gaap-cd-bus:Director1 2013-03-01 2014-02-28 07543734 uk-gaap-cd-bus:Director2 2013-03-01 2014-02-28 uk-gaap-cd-bus:Director3 2013-03-01 2014-02-28 uk-gaap-cd-bus:Director3 2014-02-28 uk-gaap-cd-bus:Director3 2013-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-28 iso4217:GBP shares

Registered Number 07543734

ETHICOMM LIMITED

Abbreviated Accounts

28 February 2014

ETHICOMM LIMITED Registered Number 07543734

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	2,199	2,932
		2,199	2,932
Current assets
Stocks		700	-
Debtors		6,403	5,700
Cash at bank and in hand		1,526	-
		8,629	5,700
Creditors: amounts falling due within one year		(7,199)	(7,078)
Net current assets (liabilities)		1,430	(1,378)
Total assets less current liabilities		3,629	1,554
Provisions for liabilities		(440)	(586)
Total net assets (liabilities)		3,189	968
Capital and reserves
Called up share capital	3	2,000	2,000
Profit and loss account		1,189	(1,032)
Shareholders' funds		3,189	968

For the year ending 28 February 2014 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 21 May 2014

And signed on their behalf by:
Thomas Oxley, Director
Mark Aspinall, Director

ETHICOMM LIMITED Registered Number 07543734

Notes to the Abbreviated Accounts for the period ended 28 February 2014

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
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods fallling within the company`s ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life.
Fixtures, fittings and equipment - 25% reducing balance

Other accounting policies
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 March 2013	4,691
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2014	4,691
Depreciation
At 1 March 2013	1,759
Charge for the year	733
On disposals	-
At 28 February 2014	2,492
Net book values
At 28 February 2014	2,199
At 28 February 2013	2,932

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2,000 Ordinary shares of £1 each	2,000	2,000

4Transactions with directors

Name of director receiving advance or credit:	Thomas Oxley
Description of the transaction:	Movement in the year
Balance at 1 March 2013:	£ 0
Advances or credits made:	£ 800
Advances or credits repaid:	-
Balance at 28 February 2014:	£ 800

Thomas Oxley - debit balance £800
Michael Gurney - debit balance £800