EMA Architecture & Design Ltd - Abbreviated accounts 16.1
EMA Architecture & Design Ltd - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 January 2016 |
| for |
| EMA Architecture & Design Ltd |
| EMA Architecture & Design Ltd (Registered number: SC256769) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 January 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Chartered Accountants' Report | 7 |
| EMA Architecture & Design Ltd |
| Company Information |
| for the Year Ended 31 January 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| EMA Architecture & Design Ltd (Registered number: SC256769) |
| Abbreviated Balance Sheet |
| 31 January 2016 |
| 31/1/16 | 31/1/15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investment property | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| EMA Architecture & Design Ltd (Registered number: SC256769) |
| Abbreviated Balance Sheet - continued |
| 31 January 2016 |
| The financial statements were approved by the Board of Directors on |
| EMA Architecture & Design Ltd (Registered number: SC256769) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 January 2016 |
| 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). |
| Turnover |
| Turnover represents the value of architectural and technical consultancy services supplied by the company, |
| excluding value added tax. |
| Services provided during the year that, at the balance sheet date, have not yet been billed are recognised as |
| turnover in accordance with Financial Reporting Standard 5 "Reporting of the substance of transactions |
| application note G Revenue Recognition and the Urgent Issues Task Force Abstract 40 "Revenue recognition |
| and service contracts". Turnover is recognised by reference to an assessment of the fair value of the services |
| provided at the balance sheet date as a proportion of the total expected value of the contract. Unbilled fee |
| income is included as amounts recoverable on contracts. |
| Goodwill |
| Tangible fixed assets |
| Improvements to property | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
| market value is transferred to a revaluation reserve. |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| 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. |
| 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. |
| EMA Architecture & Design Ltd (Registered number: SC256769) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 January 2016 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 February 2015 |
| and 31 January 2016 |
| AMORTISATION |
| At 1 February 2015 |
| and 31 January 2016 |
| NET BOOK VALUE |
| At 31 January 2016 |
| At 31 January 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 February 2015 |
| Additions |
| Disposals | ( |
) |
| At 31 January 2016 |
| DEPRECIATION |
| At 1 February 2015 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 January 2016 |
| NET BOOK VALUE |
| At 31 January 2016 |
| At 31 January 2015 |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| At 1 February 2015 |
| and 31 January 2016 |
| NET BOOK VALUE |
| At 31 January 2016 |
| At 31 January 2015 |
| EMA Architecture & Design Ltd (Registered number: SC256769) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 January 2016 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/1/16 | 31/1/15 |
| value: | £ | £ |
| Ordinary | 1 |
| Ordinary A | 1 |
| Ordinary B | 1 |
| 2,100 | 2 |
| The following shares were allotted and fully paid for cash at par during the year: |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| EMA Architecture & Design Ltd |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to six) have |
| been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of EMA Architecture & Design Ltd for the year ended 31 January 2016 which comprise the Profit |
| and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information |
| and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of EMA Architecture & Design Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of EMA Architecture & Design Ltd and state those matters that we have agreed to state to the Board of Directors of EMA Architecture & Design Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that EMA Architecture & Design Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of EMA Architecture & Design Ltd. You consider that EMA Architecture & Design Ltd is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of EMA Architecture & Design Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| 31 October 2016 |