Abbreviated Company Accounts - EASY RESOURCES LIMITED

EASY RESOURCES LIMITED - Company Information

04604126 EASY RESOURCES LIMITED 2015-11-30 false 2014-12-01 2015-11-30 true 04604126 2014-12-01 2015-11-30 04604126 2015-11-30 04604126 2014-11-30 04604126 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 04604126 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 iso4217:GBP shares

Registered Number 04604126

EASY RESOURCES LIMITED

Abbreviated Accounts

30 November 2015

EASY RESOURCES LIMITED Registered Number 04604126

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Investments	2	119,148	119,148
		119,148	119,148
Current assets
Debtors		301,559	277,551
Cash at bank and in hand		7,299	7,625
		308,858	285,176
Creditors: amounts falling due within one year		(392,043)	(392,288)
Net current assets (liabilities)		(83,185)	(107,112)
Total assets less current liabilities		35,963	12,036
Total net assets (liabilities)		35,963	12,036
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		35,962	12,035
Shareholders' funds		35,963	12,036

For the year ending 30 November 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 13 October 2016

And signed on their behalf by:
BARRY FELDMAN, Director

EASY RESOURCES LIMITED Registered Number 04604126

Notes to the Abbreviated Accounts for the period ended 30 November 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
The turnover shown in the profit and loss accounts consists solely of rental income.

Other accounting policies
Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

2Fixed assets Investments
The investment is a part share in UK property.

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1