Eco Target Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 09183614 (England and Wales)

Abbreviated Accounts for the Year Ended 31 August 2016

for

Eco Target Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr M S Rajvanshi

Mrs P K Rajvanshi

SECRETARY:

Mr M S Rajvanshi

REGISTERED OFFICE:

207 Regent Street 3rd Floor

London

W1B 3HH

REGISTERED NUMBER:

09183614 (England and Wales)

ACCOUNTANTS:

Nielsens

Chartered Accountants

The Gatehouse

453 Cranbrook Road

Ilford

Essex

IG2 6EW

BANKERS:

Natwest Bank Plc

Chelmsford Branch

4-5 High Street

Chelmsford

CM1 1FZ

FIXED ASSETS

Tangible assets

2

4,409

5,879

CURRENT ASSETS

Debtors

11,089

200

Cash at bank and in hand

62,064

22,248

73,153

22,448

CREDITORS

Amounts falling due within one year

66,938

19,451

NET CURRENT ASSETS

6,215

2,997

TOTAL ASSETS LESS CURRENT
LIABILITIES

10,624

8,876

CREDITORS

Amounts falling due after more than one
year

3,994

5,300

NET ASSETS

6,630

3,576

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

6,628

3,574

SHAREHOLDERS' FUNDS

6,630

3,576

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 14 February 2017 and were signed on its behalf
by:

Mr M S Rajvanshi - 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 goods, 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.

Fixtures, fittings & equipment

-

25% on reducing balance

Motor vehicles

-

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 September 2015

and 31 August 2016

7,839

DEPRECIATION

At 1 September 2015

1,960

Charge for year

1,470

At 31 August 2016

3,430

NET BOOK VALUE

At 31 August 2016

4,409

At 31 August 2015

5,879

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

2

Ordinary shares

£1

2