Abbreviated Company Accounts - EDWARDS & MILES LIMITED

EDWARDS & MILES LIMITED - Company Information

04366740 EDWARDS & MILES LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 04366740 2015-04-01 2016-03-31 04366740 2016-03-31 04366740 2015-03-31 04366740 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 04366740 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 iso4217:GBP shares

Registered Number 04366740

EDWARDS & MILES LIMITED

Abbreviated Accounts

31 March 2016

EDWARDS & MILES LIMITED Registered Number 04366740

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	11,820	13,790
Tangible assets	3	53,808	37,654
		65,628	51,444
Current assets
Stocks		3,500	3,000
Debtors		314,096	312,921
Cash at bank and in hand		449,422	366,054
		767,018	681,975
Creditors: amounts falling due within one year		(63,667)	(43,849)
Net current assets (liabilities)		703,351	638,126
Total assets less current liabilities		768,979	689,570
Provisions for liabilities		-	(2,680)
Total net assets (liabilities)		768,979	686,890
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		768,879	686,790
Shareholders' funds		768,979	686,890

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 29 December 2016

And signed on their behalf by:
Mr R Pancholi, Director

EDWARDS & MILES LIMITED Registered Number 04366740

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 April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Fixtures, fitting and equipment - 15% reducing basis

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual installments over its estimated useful economic life of 20 years.

2Intangible fixed assets

	£
Cost
At 1 April 2015	39,400
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	39,400
Amortisation
At 1 April 2015	25,610
Charge for the year	1,970
On disposals	-
At 31 March 2016	27,580
Net book values
At 31 March 2016	11,820
At 31 March 2015	13,790

3Tangible fixed assets

	£
Cost
At 1 April 2015	110,516
Additions	30,000
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	140,516
Depreciation
At 1 April 2015	72,862
Charge for the year	13,846
On disposals	-
At 31 March 2016	86,708
Net book values
At 31 March 2016	53,808
At 31 March 2015	37,654

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

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