Ecosquared Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: SC489706 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2016

for

Ecosquared Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D Pinto

REGISTERED OFFICE:

53 Carden Place

Aberdeen

AB10 1UN

REGISTERED NUMBER:

SC489706 (Scotland)

CURRENT ASSETS

Debtors

73,081

55,000

Cash at bank

-

3,942

73,081

58,942

CREDITORS

Amounts falling due within one year

13,555

5,495

NET CURRENT ASSETS

59,526

53,447

TOTAL ASSETS LESS CURRENT
LIABILITIES

59,526

53,447

CREDITORS

Amounts falling due after more than one year

9,247

-

NET ASSETS

50,279

53,447

CAPITAL AND RESERVES

Called up share capital

2

115,000

65,000

Profit and loss account

(64,721

)

(11,553

)

SHAREHOLDERS' FUNDS

50,279

53,447

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 1 March 2017 and were signed by:

D Pinto - 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).

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

60,000

Ordinary B

£1

60,000

10,000

Allotted and issued:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

55,000

Share capital 1

£1

55,000

3.	GOING CONCERN

Although the company balance sheet is in deficit, the company has commitments to receive additional funding subject to

certain conditions, which the company believes that it can meet. The accounts have therefore been prepared on a going

concern basis.