Elmore Images Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08968955 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2016

for

Elmore Images Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A A Reid

Miss B V Clark

REGISTERED OFFICE:

10-14 Accommodation Road

Golders Green

London

NW11 8ED

REGISTERED NUMBER:

08968955 (England and Wales)

ACCOUNTANTS:

Grunberg & Co Limited

Chartered Accountants

10-14 Accommodation Road

Golders Green

London

NW11 8ED

FIXED ASSETS

Tangible assets

2

10,261

1,312

CURRENT ASSETS

Debtors

2,412

8,815

Cash at bank

82,390

57,703

84,802

66,518

CREDITORS

Amounts falling due within one year

40,560

54,152

NET CURRENT ASSETS

44,242

12,366

TOTAL ASSETS LESS CURRENT
LIABILITIES

54,503

13,678

CREDITORS

Amounts falling due after more than one
year

(50,000

)

-

PROVISIONS FOR LIABILITIES

(2,052

)

(262

)

NET ASSETS

2,451

13,416

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

2,449

13,414

SHAREHOLDERS' FUNDS

2,451

13,416

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 21 December 2016 and were signed on its behalf
by:

A A Reid - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of services, excluding value added tax. Turnover is recognised when the

services are delivered to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date except that:

- deferred tax is not recognised on timing differences arising on revalued properties unless the company has

entered into a binding sale agreement and is not proposing to take advantage of rollover relief; and

- the recognition of deferred tax assets is limited to the extent that the company anticipates to make sufficient

taxable profits in the future to absorb the reversal of the underlying timing differences.

Deferred tax balances are not discounted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

1,968

Additions

14,326

At 31 March 2016

16,294

DEPRECIATION

At 1 April 2015

656

Charge for year

5,377

At 31 March 2016

6,033

NET BOOK VALUE

At 31 March 2016

10,261

At 31 March 2015

1,312

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

A Ordinary

£1.00

1

B Ordinary

£1.00

1

2