Abbreviated Company Accounts - EMBIBE LIMITED

07262741 EMBIBE LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 07262741 2015-04-01 2016-03-31 07262741 2016-03-31 07262741 2015-03-31 07262741 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 07262741 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 iso4217:GBP shares

Registered Number 07262741

EMBIBE LIMITED

Abbreviated Accounts

31 March 2016

EMBIBE LIMITED Registered Number 07262741

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	-	1,000
Tangible assets	3	22,235	23,396
		22,235	24,396
Current assets
Stocks		5,905	5,835
Debtors		2,991	12,894
Cash at bank and in hand		21,429	14,470
		30,325	33,199
Creditors: amounts falling due within one year		(48,411)	(48,219)
Net current assets (liabilities)		(18,086)	(15,020)
Total assets less current liabilities		4,149	9,376
Creditors: amounts falling due after more than one year		(3,000)	(8,500)
Provisions for liabilities		(697)	(632)
Total net assets (liabilities)		452	244
Capital and reserves
Called up share capital	4	101	101
Profit and loss account		351	143
Shareholders' funds		452	244

For the year ending 31 March 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 30 November 2016

And signed on their behalf by:
R Smith, Director

EMBIBE LIMITED Registered Number 07262741

Notes to the Abbreviated Accounts for the period ended 31 March 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery - 25% reducing balance

Intangible assets amortisation policy
Goodwill is amortised over its estimated useful life of 5 years.

2Intangible fixed assets

	£
Cost
At 1 April 2015	10,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	10,000
Amortisation
At 1 April 2015	9,000
Charge for the year	1,000
On disposals	-
At 31 March 2016	10,000
Net book values
At 31 March 2016	0
At 31 March 2015	1,000

3Tangible fixed assets

	£
Cost
At 1 April 2015	31,962
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	31,962
Depreciation
At 1 April 2015	8,566
Charge for the year	1,161
On disposals	-
At 31 March 2016	9,727
Net book values
At 31 March 2016	22,235
At 31 March 2015	23,396

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100
1 A Ordinary shares of £1 each	1	1