Abbreviated Company Accounts - EMC3 LTD

04427182 EMC3 LTD 2016-03-31 false 2015-04-01 2016-03-31 true 04427182 2015-04-01 2016-03-31 04427182 2016-03-31 04427182 2015-03-31 04427182 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 04427182 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 uk-gaap-cd-bus:OrdinaryShareClass3 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass3 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass3 2015-03-31 iso4217:GBP shares

Registered Number 04427182

EMC3 LTD

Abbreviated Accounts

31 March 2016

EMC3 LTD Registered Number 04427182

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	20,204	29,618
		20,204	29,618
Current assets
Debtors		494,369	517,653
Cash at bank and in hand		688,456	530,521
		1,182,825	1,048,174
Creditors: amounts falling due within one year		(1,107,577)	(1,060,758)
Net current assets (liabilities)		75,248	(12,584)
Total assets less current liabilities		95,452	17,034
Total net assets (liabilities)		95,452	17,034
Capital and reserves
Called up share capital	3	140	140
Profit and loss account		95,312	16,894
Shareholders' funds		95,452	17,034

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 21 December 2016

And signed on their behalf by:
D Curtis, Director
A Graham, Director

EMC3 LTD Registered Number 04427182

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 amounts receivable for goods and services net of VAT and trade discounts.

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:

Event decorating equipment 20% Straight Line
Fixtures, fittings & equipment 20% Straight Line

2Tangible fixed assets

	£
Cost
At 1 April 2015	87,383
Additions	10,047
Disposals	(42,503)
Revaluations	-
Transfers	-
At 31 March 2016	54,927
Depreciation
At 1 April 2015	57,765
Charge for the year	11,606
On disposals	(34,648)
At 31 March 2016	34,723
Net book values
At 31 March 2016	20,204
At 31 March 2015	29,618

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

	2016 £	2015 £
57 A Ordinary shares of £1 each	57	57
57 B Ordinary shares of £1 each	57	57
26 C Ordinary shares of £1 each	26	26