Abbreviated Company Accounts - ELEMENT DESIGN UK LIMITED

ELEMENT DESIGN UK LIMITED - Company Information

05961177 ELEMENT DESIGN UK LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true 05961177 2015-10-01 2016-09-30 05961177 2016-09-30 05961177 2015-09-30 05961177 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 05961177 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number 05961177

ELEMENT DESIGN UK LIMITED

Abbreviated Accounts

30 September 2016

ELEMENT DESIGN UK LIMITED Registered Number 05961177

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	3,088	3,216
		3,088	3,216
Current assets
Debtors		16,553	2,863
Cash at bank and in hand		8	11,232
		16,561	14,095
Creditors: amounts falling due within one year		(19,225)	(16,703)
Net current assets (liabilities)		(2,664)	(2,608)
Total assets less current liabilities		424	608
Total net assets (liabilities)		424	608
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		423	607
Shareholders' funds		424	608

For the year ending 30 September 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 9 November 2016

And signed on their behalf by:
Mr M Hull, Director

ELEMENT DESIGN UK LIMITED Registered Number 05961177

Notes to the Abbreviated Accounts for the period ended 30 September 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 January 2015.

Turnover policy
Turnover represents consultancy fees receivable net of VAT accounted for under the flat rate scheme.

Tangible assets depreciation policy
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 :
Fixtures fittings & equipment - 25% per annum reducing balance
Computer equipment - 25% per annum reducing balance

2Tangible fixed assets

	£
Cost
At 1 October 2015	13,722
Additions	900
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	14,622
Depreciation
At 1 October 2015	10,506
Charge for the year	1,028
On disposals	-
At 30 September 2016	11,534
Net book values
At 30 September 2016	3,088
At 30 September 2015	3,216

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

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1