EBBCLIFF_LIMITED - Accounts

EBBCLIFF LIMITED - Company Information

Print Friendly Version

Company Registration No. 03116407 (England and Wales)

EBBCLIFF LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2016

EBBCLIFF LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

EBBCLIFF LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 JUNE 2016

- 1 -

2016

2014

Notes

Fixed assets

Tangible assets

2,100,353

1,200,139

Current assets

Debtors

1,029,233

2,005,508

Cash at bank and in hand

1,417,586

1,238,047

2,446,819

3,243,555

Creditors: amounts falling due within one year

(1,820,661)

(1,821,880)

Net current assets

626,158

1,421,675

Total assets less current liabilities

2,726,511

2,621,814

Creditors: amounts falling due after more than one year

(2,500)

(32,500)

Provisions for liabilities

(26,802)

2,697,209

2,589,314

Capital and reserves

Called up share capital

1,000

Profit and loss account

2,696,209

2,588,314

Shareholders' funds

2,697,209

2,589,314

For the financial Period ended 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 9 March 2017

M J B Watts

Director

Company Registration No. 03116407

EBBCLIFF LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 30 JUNE 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.3

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Freehold land

See below

Plant and machinery

25% reducing balance

A nil depreciation rate is provided in respect of freehold land, which is shown at cost..

1.4

Deferred taxation

Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the opinion of the directors, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future.

Fixed assets

Tangible assets

Cost

At 1 January 2015

1,218,850

Additions

1,255,786

At 30 June 2016

2,474,636

Depreciation

At 1 January 2015

18,711

Charge for the period

355,572

At 30 June 2016

374,283

Net book value

At 30 June 2016

2,100,353

At 31 December 2014

1,200,139

Creditors: amounts falling due after more than one year

The aggregate amount of creditors for which security has been given amounted to £2,500 (2014 - £32,500).

EBBCLIFF LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 30 JUNE 2016

- 3 -

Share capital

2016

2014

Allotted, called up and fully paid

500 Ordinary 'A' shares of £1 each

500

500 Ordinary 'B' shares of £1 each

500

1,000