EML Business Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09167530 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2016

for

Eml Business Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

V D E Medina Lorenzo

SECRETARY:

Mrs C Medina-Lorenzo

REGISTERED OFFICE:

167 Staplehurst Road

Sittingbourne

Kent

ME10 1SY

REGISTERED NUMBER:

09167530 (England and Wales)

ACCOUNTANTS:

SJD Accountancy

1st Floor

Unit 1 Beacontree Plaza

Gillette Way

Reading

Berkshire

RG2 0BS

FIXED ASSETS

Tangible assets

2

-

488

CURRENT ASSETS

Debtors

25,110

10,910

Cash at bank

26,044

12,771

51,154

23,681

CREDITORS

Amounts falling due within one year

17,412

16,727

NET CURRENT ASSETS

33,742

6,954

TOTAL ASSETS LESS CURRENT
LIABILITIES

33,742

7,442

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

33,642

7,342

SHAREHOLDERS' FUNDS

33,742

7,442

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 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 31 January 2017 and were signed by:

V D E Medina Lorenzo - 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 services, 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.

Plant and machinery etc

-

50% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

975

DEPRECIATION

At 1 September 2015

487

Charge for year

488

At 31 August 2016

975

NET BOOK VALUE

At 31 August 2016

-

At 31 August 2015

488

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

100

Ordinary

£1

100