Abbreviated Company Accounts - EYE LONDON LIMITED

Abbreviated Company Accounts - EYE LONDON LIMITED


Registered Number 05839970

EYE LONDON LIMITED

Abbreviated Accounts

31 December 2015

EYE LONDON LIMITED Registered Number 05839970

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 14,696 22,630
14,696 22,630
Current assets
Debtors 5,966 7,664
Cash at bank and in hand 35,204 52,796
41,170 60,460
Creditors: amounts falling due within one year 3 (36,252) (20,891)
Net current assets (liabilities) 4,918 39,569
Total assets less current liabilities 19,614 62,199
Creditors: amounts falling due after more than one year 3 (15,360) (67,059)
Total net assets (liabilities) 4,254 (4,860)
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 4,154 (4,960)
Shareholders' funds 4,254 (4,860)
  • 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 29 September 2016

And signed on their behalf by:
M Asare, Director

EYE LONDON LIMITED Registered Number 05839970

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.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of goods and services supplied to customers during the year and derives from the provision of goods falling 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 as follows:

Fixtures, fittings and equipment - 10% straight line

2Tangible fixed assets
£
Cost
At 1 January 2015 79,334
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2015 79,334
Depreciation
At 1 January 2015 56,704
Charge for the year 7,934
On disposals -
At 31 December 2015 64,638
Net book values
At 31 December 2015 14,696
At 31 December 2014 22,630
3Creditors
2015
£
2014
£
Secured Debts 15,360 34,740
Instalment debts due after 5 years 0 32,319
4Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £1 each 100 100