For the year ended 31 August 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 07354234
| Notes to the Abbreviated Financial Statements |
Echo Web Limited
For the year ended 31 August 2016
| The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
| Deferred taxation arises when items are charged or credited in accounts in different periods to those in which they are included in the company's tax computations.Deferred tax is provided in full on timing differences that result in an obligation to pay more (or less) tax at a future date. Deferred tax is calculated at the average rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The resulting deferred tax asset or liability is not discounted. |
| Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the |
| shareholders prior to the balance sheet date. |
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
2 of 3
| Notes to the Abbreviated Financial Statements |
Echo Web Limited
For the year ended 31 August 2016
2,315
1,195
3,510
1,518
658
Charge for year
2,176
1,334
797
| Allotted called up and fully paid |
2016
2015
| 1 ordinary share of £1.00 each |
1
1
1
1
3 of 3
