Abbreviated Company Accounts - EAST MIDLANDS BUSINESS SERVICES LIMITED

THE EMBS GROUP LIMITED - Company Information

Registered Number 02291864

EAST MIDLANDS BUSINESS SERVICES LIMITED

Abbreviated Accounts

30 April 2016

EAST MIDLANDS BUSINESS SERVICES LIMITED Registered Number 02291864

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	29,749	29,178
		29,749	29,178
Current assets
Debtors		602,456	395,423
Cash at bank and in hand		30,435	116,784
		632,891	512,207
Creditors: amounts falling due within one year		(519,420)	(355,067)
Net current assets (liabilities)		113,471	157,140
Total assets less current liabilities		143,220	186,318
Total net assets (liabilities)		143,220	186,318
Capital and reserves
Called up share capital		754	754
Profit and loss account		142,466	185,564
Shareholders' funds		143,220	186,318

For the year ending 30 April 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 30 January 2017

And signed on their behalf by:
I Stevens, Director

EAST MIDLANDS BUSINESS SERVICES LIMITED Registered Number 02291864

Notes to the Abbreviated Accounts for the period ended 30 April 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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
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 and 20% on reducing balance

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to the profit and loss account in the period to which they
relate.

2Tangible fixed assets

	£
Cost
At 1 May 2015	79,562
Additions	8,992
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	88,554
Depreciation
At 1 May 2015	50,384
Charge for the year	8,421
On disposals	-
At 30 April 2016	58,805
Net book values
At 30 April 2016	29,749
At 30 April 2015	29,178