Encompass Development Group Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09092116 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

Encompass Development Group Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr L P Elliott

Mr J W White

Mrs L G Stevenson

REGISTERED OFFICE:

Unit 6 Redcliff Road

Melton

North Ferriby

East Yorkshire

HU14 3RS

REGISTERED NUMBER:

09092116 (England and Wales)

ACCOUNTANTS:

360 Accountants Limited

19 Albion Street

Hull

East Yorkshire

HU1 3TG

BANKERS:

HSBC Bank Plc

Merit House

Priory Park West

Saxon Way

Hessle

East Yorkshire

HU13 9PB

FIXED ASSETS

Tangible assets

2

5,279

1,425

Investments

3

31,200

1,700

36,479

3,125

CURRENT ASSETS

Stocks

7,842

29

Debtors

305,306

26,293

Cash at bank

-

291

313,148

26,613

CREDITORS

Amounts falling due within one year

133,506

17,059

NET CURRENT ASSETS

179,642

9,554

TOTAL ASSETS LESS CURRENT
LIABILITIES

216,121

12,679

CREDITORS

Amounts falling due after more than one
year

212,500

10,000

NET ASSETS

3,621

2,679

CAPITAL AND RESERVES

Called up share capital

4

1,000

Profit and loss account

2,621

1,679

SHAREHOLDERS' FUNDS

3,621

2,679

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 23 September 2016 and were signed on its behalf
by:

Mr L P Elliott - 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 January 2015).

Preparation of consolidated financial statements

The financial statements contain information about Encompass Development Group Limited as an individual

company and do not contain consolidated financial information as the parent of a group. The company has taken

the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Turnover

Turnover represents net invoiced sales of goods, 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.

Fixtures and fittings

-

20% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

1,449

Additions

4,589

At 31 December 2015

6,038

DEPRECIATION

At 1 January 2015

24

Charge for year

735

At 31 December 2015

759

NET BOOK VALUE

At 31 December 2015

5,279

At 31 December 2014

1,425

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2015

1,700

Additions

29,500

At 31 December 2015

31,200

NET BOOK VALUE

At 31 December 2015

31,200

At 31 December 2014

1,700

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Encompass Consultancy Limited

Nature of business: Training Services

%

Class of shares:

holding

Ordinary

100.00

31/12/15

31/12/14

£

Aggregate capital and reserves

69,727

38,619

Profit for the year/period

2,108

4,119

Encompass Shared Services Limited

Nature of business: Training Services

%

Class of shares:

holding

Ordinary

100.00

30/6/15

£

Aggregate capital and reserves

100

Encompass Select Limited

Nature of business: Training Services

%

Class of shares:

holding

Ordinary

100.00

31/10/15

£

Aggregate capital and reserves

(23,423

)

Loss for the period/year

(23,523

)

Encompass Development Limited

Nature of business: Training Services

%

Class of shares:

holding

Ordinary

100.00

30/11/15

30/11/14

£

Aggregate capital and reserves

(89,170

)

3,402

Loss for the year

(92,572

)

(79,078

)

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/15

31/12/14

value:

£

1,000

Ordinary

£1

1,000