Abbreviated Company Accounts - EXPOSURE 4 LIMITED

EXPOSURE 4 LIMITED - Company Information

04457636 EXPOSURE 4 LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 04457636 2015-07-01 2016-06-30 04457636 2016-06-30 04457636 2015-06-30 04457636 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 04457636 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 04457636

EXPOSURE 4 LIMITED

Abbreviated Accounts

30 June 2016

EXPOSURE 4 LIMITED Registered Number 04457636

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	30,048	35,448
		30,048	35,448
Current assets
Stocks		3,000	3,000
Debtors		17,656	83,171
Cash at bank and in hand		26,772	91,910
		47,428	178,081
Creditors: amounts falling due within one year		(62,406)	(192,593)
Net current assets (liabilities)		(14,978)	(14,512)
Total assets less current liabilities		15,070	20,936
Total net assets (liabilities)		15,070	20,936
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		14,070	19,936
Shareholders' funds		15,070	20,936

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 22 March 2017

And signed on their behalf by:
MR D C PEARSON, Director

EXPOSURE 4 LIMITED Registered Number 04457636

Notes to the Abbreviated Accounts for the period ended 30 June 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents amounts invoiced during the year,
exclusive of Value Added Tax.

Tangible assets depreciation policy
Fixed assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:
Equipment - 20% Reducing Balance

Other accounting policies
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange
ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at
the rate of exchange ruling at the date of the transaction. Exchange differences are taken into
account in arriving at the operating profit.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the
contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity
instrument is any contract that evidences a residual interest in the assets of the company after
deducting all of its liabilities.

2Tangible fixed assets

	£
Cost
At 1 July 2015	172,528
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	172,528
Depreciation
At 1 July 2015	137,080
Charge for the year	5,400
On disposals	-
At 30 June 2016	142,480
Net book values
At 30 June 2016	30,048
At 30 June 2015	35,448

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000