eah_consultancy_ltd_31_Mar_2016_abbreviated_set_of_accounts.html
eah_consultancy_ltd_31_Mar_2016_abbreviated_set_of_accounts.html
Company registration number:
Abbreviated Balance Sheet
| 31 Mar 2016 | |||
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| Note | £ | ||
| Fixed assets | |||
| Tangible assets | # |
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| Current assets | |||
| Debtors |
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| Cash at bank and in hand |
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| Creditors: amounts falling due within one year | # |
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| Net current assets |
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| Total assets less current liabilities |
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| Net assets excluding defined benefit pension scheme balance |
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| Defined benefit pension liability |
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| Net liabilities including defined benefit pension scheme balance |
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| Capital and reserves | |||
| Called up share capital | # |
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| Profit and loss account |
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| Shareholders deficit |
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Director's responsibilities:
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476; The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements were approved by the board of directors and authorised for issue on 15 July 2016 , and are signed on behalf of the board by:
| Director |
Company registration number: 09464741
Notes to the Abbreviated Accounts
Period ended 31 March 2016
Accounting policies
Basis of preparation
Turnover
Current tax
Current tax is recognised in the profit and loss account, except to the extent that it is attributable to a gain or loss that has been recognised directly in the statement of total recognised gains or losses. In this case, tax is recognised in this statement. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and accumulated impairment losses.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
| Fixtures and fittings | 20% straight line |
Pension costs
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
The company recognises a net defined benefit pension asset or liability in the balance sheet as the net total of the present value of its obligations and the fair value of plan assets out of which the obligations are to be settled. The defined benefit liability is measured using the projected unit method and is discounted at the current rate of return on a high quality corporate bond. Plan surpluses are recognised as a defined benefit asset only to the extent that the surplus is recoverable either through reduced contributions in the future or through refunds from the plan. Plan deficits are recognised as a defined benefit liability to the extent it reflects a legal or constructive obligation.
Changes in the net defined benefit asset or liability arising from employee service are recognised in profit or loss as a current service cost and as a past service cost where it relates to services in prior periods. Costs relating to curtailments and settlements are recognised in profit or loss in the period in which they occur.
Actuarial gains and losses are recognised in the statement of total recognised gains and losses.
Net interest is recognised in profit or loss.
Financial instruments
Financial instruments are classified and accounted for according to the substance of contractual arrangements, as either financial assets, financial liabilities or equity instruments.
Operating leases
Leases are classified as operating leases where substantially all the benefits of ownerships remain with the lessor. Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the lease term.
Tangible assets
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| Cost | ||
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| Depreciation | ||
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| Net book value | ||
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