EFL Materials Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 08161562 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 July 2016

for

EFL MATERIALS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

L Rogers

Mrs CJ Rogers

SECRETARY:

Mrs CJ Rogers

REGISTERED OFFICE:

Equity House

4-6 School Road

Tilehurst

Reading

Berkshire

RG31 5AL

REGISTERED NUMBER:

08161562 (England and Wales)

ACCOUNTANTS:

Avalon Accounting Limited

Equity House

4-6 School Road

Tilehurst

Reading

Berkshire

RG31 5AL

FIXED ASSETS

Tangible assets

2

276

368

CURRENT ASSETS

Debtors

14,559

-

Cash at bank

326

9,509

14,885

9,509

CREDITORS

Amounts falling due within one year

(14,056

)

(11,746

)

NET CURRENT ASSETS/(LIABILITIES)

829

(2,237

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,105

(1,869

)

PROVISIONS FOR LIABILITIES

(55

)

(73

)

NET ASSETS/(LIABILITIES)

1,050

(1,942

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

1,048

(1,944

)

SHAREHOLDERS' FUNDS

1,050

(1,942

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 3 January 2017 and were signed on its behalf by:

L Rogers - 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.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

and 31 July 2016

873

DEPRECIATION

At 1 August 2015

505

Charge for year

92

At 31 July 2016

597

NET BOOK VALUE

At 31 July 2016

276

At 31 July 2015

368

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

2

Ordinary

1

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2016 and 31 July 2015:

31.7.16

31.7.15

£

L Rogers and Mrs CJ Rogers

Balance outstanding at start of year

(1,110

)

(1,800

)

Amounts advanced

31,140

3,399

Amounts repaid

(15,471

)

(2,709

)

Balance outstanding at end of year

14,559

(1,110

)