Abbreviated Company Accounts - EUROPEAN YACHTING EQUIPMENT COMPANY LIMITED

EUROPEAN YACHTING EQUIPMENT COMPANY LIMITED - Company Information

Registered Number 02541440

EUROPEAN YACHTING EQUIPMENT COMPANY LIMITED

Abbreviated Accounts

31 December 2015

EUROPEAN YACHTING EQUIPMENT COMPANY LIMITED Registered Number 02541440

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	40,817	45,502
		40,817	45,502
Current assets
Debtors		369,577	395,577
Cash at bank and in hand		33,163	4,142
		402,740	399,719
Net current assets (liabilities)		402,740	399,719
Total assets less current liabilities		443,557	445,221
Total net assets (liabilities)		443,557	445,221
Capital and reserves
Called up share capital		119,112	119,112
Share premium account		13,500	13,500
Profit and loss account		310,945	312,609
Shareholders' funds		443,557	445,221

For the year ending 31 December 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 30 September 2016

And signed on their behalf by:
P S K ELLIOTT, Director

EUROPEAN YACHTING EQUIPMENT COMPANY LIMITED Registered Number 02541440

Notes to the Abbreviated Accounts for the period ended 31 December 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.

2Tangible fixed assets

	£
Cost
At 1 January 2015	117,114
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	117,114
Depreciation
At 1 January 2015	71,612
Charge for the year	4,685
On disposals	-
At 31 December 2015	76,297
Net book values
At 31 December 2015	40,817
At 31 December 2014	45,502