Abbreviated Company Accounts - ESME HEADEN LIMITED

ESME HEADEN LIMITED - Company Information

SC474324 ESME HEADEN LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true SC474324 2015-07-01 2016-06-30 SC474324 2016-06-30 SC474324 2015-06-30 SC474324 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 SC474324 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number SC474324

ESME HEADEN LIMITED

Abbreviated Accounts

30 June 2016

ESME HEADEN LIMITED Registered Number SC474324

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	245,600	276,300
Tangible assets	3	14,930	12,847
		260,530	289,147
Current assets
Stocks		200	200
Debtors		42,460	41,407
Cash at bank and in hand		90,379	94,181
		133,039	135,788
Creditors: amounts falling due within one year		(327,587)	(420,947)
Net current assets (liabilities)		(194,548)	(285,159)
Total assets less current liabilities		65,982	3,988
Creditors: amounts falling due after more than one year		(2,986)	(2,569)
Total net assets (liabilities)		62,996	1,419
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		62,896	1,319
Shareholders' funds		62,996	1,419

For the year ending 30 June 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 14 February 2017

And signed on their behalf by:
Esme Headen, Director

ESME HEADEN LIMITED Registered Number SC474324

Notes to the Abbreviated Accounts for the period ended 30 June 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
The company is not VAT registered therefore turnover represents the total invoice value of sales made during the year and derives from the provision of goods falling within the company’s ordinary activities

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:

Fixtures, fittings
And equipment - 20% reducing balance

Intangible assets amortisation policy
Goodwill

Acquired goodwill is written off in equal instalments over its estimated useful life of 10 years.

Other accounting policies
Stock

Stock is valued at the lower of cost and net realisable value.

Pensions

The pension costs charged in the financial statements represents the contributions payable by the company in the year.

2Intangible fixed assets

	£
Cost
At 1 July 2015	307,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	307,000
Amortisation
At 1 July 2015	30,700
Charge for the year	30,700
On disposals	-
At 30 June 2016	61,400
Net book values
At 30 June 2016	245,600
At 30 June 2015	276,300

3Tangible fixed assets

	£
Cost
At 1 July 2015	16,059
Additions	5,816
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	21,875
Depreciation
At 1 July 2015	3,212
Charge for the year	3,733
On disposals	-
At 30 June 2016	6,945
Net book values
At 30 June 2016	14,930
At 30 June 2015	12,847

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

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