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Eaton Search Limited
Abbreviated accounts
For The Year Ended 31 March 2016
Abbreviated Balance Sheet
|
31 March 2016 |
Period to 31 March 2015 |
|
Notes |
£ |
£ |
£ |
£ |
FIXED ASSETS |
Tangible Assets |
2
|
|
-
|
|
1,374
|
|
|
|
|
|
|
|
|
|
-
|
|
1,374
|
CURRENT ASSETS |
Debtors |
|
562,249
|
|
248,054
|
|
Cash at bank and in hand |
|
103,801
|
|
242,981
|
|
|
|
|
|
|
|
|
666,050
|
|
491,035
|
|
Creditors: Amounts Falling Due Within One Year |
|
(71,400
)
|
|
(40,406
)
|
|
|
|
|
|
|
NET CURRENT ASSETS (LIABILITIES) |
|
|
594,650
|
|
450,629
|
|
|
|
|
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
594,650
|
|
452,003
|
|
|
|
|
|
|
NET ASSETS |
|
|
594,650
|
|
452,003
|
|
|
|
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
3
|
|
100
|
|
100
|
Profit and Loss Account |
|
|
594,550
|
|
451,903
|
|
|
|
|
|
|
SHAREHOLDERS' FUNDS |
|
|
594,650
|
|
452,003
|
|
|
|
|
|
|
For the year ending 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).
On behalf of the board
Page 1
Notes to the Abbreviated Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery |
Small pool written off
|
2.
Tangible Assets
|
|
Total |
Cost |
As at 1 April 2015 |
8,762
|
|
|
As at 31 March 2016 |
8,762
|
|
|
Depreciation |
As at 1 April 2015 |
7,388
|
Provided during the period |
1,374
|
|
|
As at 31 March 2016 |
8,762
|
|
|
Net Book Value |
As at 31 March 2016 |
-
|
|
|
As at 1 April 2015 |
1,374
|
|
|
3.
Share Capital
|
Value |
Number |
31 March 2016 |
|
Period to 31 March 2015 |
Allotted, called up and fully paid |
£ |
|
£ |
|
£ |
Ordinary shares
|
1.000
|
100
|
100
|
|
100
|
|
|
|
|
|
|
|
4.
Transactions With and Loans to Directors
Dividends paid to directors
5.
Ultimate Controlling Party
The company's ultimate controlling parties are the directors by virtue of their ownership of 100% of the issued share capital in the company.
Page 2