Abbreviated Company Accounts - EDWARD SELDEN LIMITED

EDWARD SELDEN LIMITED - Company Information

04672113 EDWARD SELDEN LIMITED 2016-02-28 false 2015-03-01 2016-02-28 true 04672113 2015-03-01 2016-02-28 04672113 2016-02-28 04672113 2015-02-28 04672113 uk-gaap-cd-bus:Director1 2015-03-01 2016-02-28 04672113 uk-gaap-cd-bus:Director2 2015-03-01 2016-02-28 uk-gaap-cd-bus:Director3 2015-03-01 2016-02-28 uk-gaap-cd-bus:Director3 2016-02-28 uk-gaap-cd-bus:Director3 2015-02-28 uk-gaap-cd-bus:Director4 2015-03-01 2016-02-28 uk-gaap-cd-bus:Director4 2016-02-28 uk-gaap-cd-bus:Director4 2015-02-28 iso4217:GBP shares

Registered Number 04672113

EDWARD SELDEN LIMITED

Abbreviated Accounts

28 February 2016

EDWARD SELDEN LIMITED Registered Number 04672113

Abbreviated Balance Sheet as at 28 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,230	1,612
		1,230	1,612
Current assets
Debtors		139,547	139,527
Cash at bank and in hand		48,060	64,571
		187,607	204,098
Creditors: amounts falling due within one year		(45,180)	(39,417)
Net current assets (liabilities)		142,427	164,681
Total assets less current liabilities		143,657	166,293
Total net assets (liabilities)		143,657	166,293
Capital and reserves
Called up share capital		100	100
Profit and loss account		143,557	166,193
Shareholders' funds		143,657	166,293

For the year ending 28 February 2016 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 25 November 2016

And signed on their behalf by:
R Knowles, Director

EDWARD SELDEN LIMITED Registered Number 04672113

Notes to the Abbreviated Accounts for the period ended 28 February 2016

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
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Computer equipment 33.3% reducing balance
Office equipment 25% reducing balance
Fixtures and fittings 25% reducing balance

Other accounting policies
The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

2Tangible fixed assets

	£
Cost
At 1 March 2015	17,811
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2016	17,811
Depreciation
At 1 March 2015	16,199
Charge for the year	382
On disposals	-
At 28 February 2016	16,581
Net book values
At 28 February 2016	1,230
At 28 February 2015	1,612

3Transactions with directors

Name of director receiving advance or credit:	R Knowles
Description of the transaction:	Loan
Balance at 1 March 2015:	£ 65,000
Advances or credits made:	£ 0
Advances or credits repaid:	£ 0
Balance at 28 February 2016:	£ 65,000

Name of director receiving advance or credit:	G Bullock
Description of the transaction:	Loan
Balance at 1 March 2015:	£ 65,000
Advances or credits made:	£ 0
Advances or credits repaid:	£ 0
Balance at 28 February 2016:	£ 65,000