ENDERBYS_OF_BOSTON_LIMITE - Accounts

ENDERBYS OF BOSTON LIMITED - Company Information

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Company Registration No. 07702064 (England and Wales)

ENDERBYS OF BOSTON LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2016

ENDERBYS OF BOSTON LIMITED

CONTENTS

Page

Accountants' report

Abbreviated balance sheet

2 - 3

Notes to the abbreviated accounts

4 - 5

ENDERBYS OF BOSTON LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ENDERBYS OF BOSTON LIMITED FOR THE YEAR ENDED 31 AUGUST 2016

- 1 -

The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 5 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 Enderbys of Boston Limited for the year ended 31 August 2016 set out on pages 3 to 11 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, we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Enderbys of Boston Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Enderbys of Boston Limited and state those matters that we have agreed to state to the Board of Directors of Enderbys of Boston Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Enderbys of Boston Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Enderbys of Boston Limited 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 Enderbys of Boston Limited. You consider that Enderbys of Boston Limited 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 Enderbys of Boston Limited. 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.

Morris & Co

11 November 2016

Chartered Accountants

Chester House

Lloyd Drive

Cheshire Oaks Business Park

Ellesmere Port

Cheshire

CH65 9HQ

ENDERBYS OF BOSTON LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 AUGUST 2016

- 2 -

2016

2015

Notes

Fixed assets

Intangible assets

125,000

150,000

Tangible assets

17,238

33,461

142,238

183,461

Current assets

Stocks

28,094

32,016

Debtors

21,999

29,273

Cash at bank and in hand

93,255

78,925

143,348

140,214

Creditors: amounts falling due within one year

(85,425)

(135,429)

Net current assets

57,923

4,785

Total assets less current liabilities

200,161

188,246

Provisions for liabilities

(2,719)

(6,149)

197,442

182,097

Capital and reserves

Called up share capital

200

100

Profit and loss account

197,242

181,997

Shareholders' funds

197,442

182,097

ENDERBYS OF BOSTON LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 AUGUST 2016

- 3 -

For the financial year ended 31 August 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge 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 have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 11 November 2016

Mrs D Enderby

Director

Company Registration No. 07702064

ENDERBYS OF BOSTON LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

- 4 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents net invoiced sales of spectacles, contact lenses, other goods and sight fees, excluding Value Added Tax.

1.4

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

1.5

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

20% on cost

Computer equipment

25% on cost

Fixtures, fittings & equipment

15% on cost

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

ENDERBYS OF BOSTON LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2016

- 5 -

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 September 2015

250,000

112,687

362,687

Additions

1,724

At 31 August 2016

250,000

114,411

364,411

Depreciation

At 1 September 2015

100,000

79,226

179,226

Charge for the year

25,000

17,947

42,947

At 31 August 2016

125,000

97,173

222,173

Net book value

At 31 August 2016

125,000

17,238

142,238

At 31 August 2015

150,000

33,461

183,461

Share capital

2016

2015

Allotted, called up and fully paid

94 A Ordinary of £1 each

94 B Ordinary of £1 each

12 C Ordinary of £1 each

200

100

During the year the following shares were issued at par

45 A Ordinary

45 B Ordinary

10 C Ordinary