Endeavor Management Limited - Period Ending 2016-03-31

Registration number: 06610464

Endeavor Management Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Endeavor Management Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Endeavor Management Limited
(Registration number: 06610464)
Abbreviated Balance Sheet at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets		2			1,852			1,987
Investments		2			-			110,000
					1,852			111,987
Current assets
Debtors					91,388			89,194
Cash at bank and in hand					11,076			42,972
					102,464			132,166
Creditors: Amounts falling due within one year					(33,298)			(23,180)
Net current assets					69,166			108,986
Total assets less current liabilities					71,018			220,973
Capital and reserves
Called up share capital		3			10			10
Profit and loss account					71,008			220,963
Shareholders' funds					71,018			220,973

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 director acknowledges his 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 director on 21 December 2016

.........................................
A E Harvey
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Endeavor Management Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of management consultancy services to clients.

Depreciation

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:

Asset class	Depreciation method and rate
Office equipment	25% reducing balance basis

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Investments £			Total £
Cost
At 1 April 2015		5,220			110,000			115,220
Additions		374			-			374
Disposals		-			(110,000)			(110,000)
At 31 March 2016		5,594			-			5,594
Depreciation
At 1 April 2015		3,233			-			3,233
Charge for the year		509			-			509
At 31 March 2016		3,742			-			3,742
Net book value
At 31 March 2016		1,852			-			1,852
At 31 March 2015		1,987			110,000			111,987

Page 2

Endeavor Management Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
A Ordinary of £1 each		9			9			9			9
B Ordinary of £1 each		1			1			1			1
		10			10			10			10

4

Control

The company is controlled by the director who has beneficial interest in 100% of the called up share capital.

Page 3