ESI Service UK Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07267024 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

ESI SERVICE UK LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M O'Brien

B P Foley

D P Field

J M Coverdale

SECRETARY:

M O'Brien

REGISTERED OFFICE:

Unit 3, Trident Business Park,

Startforth Road

Riverside Park

Middlesbrough

TS2 1PY

REGISTERED NUMBER:

07267024 (England and Wales)

ACCOUNTANTS:

Arthur Gait & Company

Chartered Accountants

18 Gold Tops

Newport

South Wales

NP20 5WJ

CURRENT ASSETS

Stocks

-

2,376

Debtors

52,137

125,808

Cash at bank

4,663

99,293

56,800

227,477

CREDITORS

Amounts falling due within one year

31,633

232,899

NET CURRENT ASSETS/(LIABILITIES)

25,167

(5,422

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

25,167

(5,422

)

CAPITAL AND RESERVES

Called up share capital

2

5

Profit and loss account

25,162

(5,427

)

SHAREHOLDERS' FUNDS

25,167

(5,422

)

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 30 September 2016 and were signed on its behalf
by:

M O'Brien - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on a going concern basis. The company continues to be supported by related

companies.

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).

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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.

Grants received

Grants received are included in creditors and wriiten back to the profit and loss account over the useful life of the

asset to which they relate.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

5

ordinary shares

5