Abbreviated Company Accounts - EAV SOLUTIONS LIMITED

EAV SOLUTIONS LIMITED - Company Information

07704747 EAV SOLUTIONS LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 07704747 2015-08-01 2016-07-31 07704747 2016-07-31 07704747 2015-07-31 07704747 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 07704747 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:Director3 2015-08-01 2016-07-31 uk-gaap-cd-bus:Director3 2016-07-31 uk-gaap-cd-bus:Director3 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 07704747

EAV SOLUTIONS LIMITED

Abbreviated Accounts

31 July 2016

EAV SOLUTIONS LIMITED Registered Number 07704747

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	5,893	11,984
		5,893	11,984
Current assets
Debtors		50,656	71,822
Cash at bank and in hand		34,368	30,501
		85,024	102,323
Creditors: amounts falling due within one year		(26,585)	(27,496)
Net current assets (liabilities)		58,439	74,827
Total assets less current liabilities		64,332	86,811
Provisions for liabilities		(1,179)	(2,397)
Total net assets (liabilities)		63,153	84,414
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		63,053	84,314
Shareholders' funds		63,153	84,414

For the year ending 31 July 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 19 January 2017

And signed on their behalf by:
J A TUTTY, Director

EAV SOLUTIONS LIMITED Registered Number 07704747

Notes to the Abbreviated Accounts for the period ended 31 July 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 over the useful economic life of
that asset as follows:

Motor Vehicles - 25% on cost
Equipment - 25% on cost

Other accounting policies
Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of
ownership remain with the lessor are charged against profits on a straight line basis over the
period of the lease.

Deferred taxation

Deferred tax is recognised in respect of all material timing differences that have originated but
not reversed at the balance sheet date where transactions or events have occurred at that date that
will result in an obligation to pay more, or a right to pay less or to receive more tax.

Deferred tax assets are recognised only to the extent that the directors consider that it is more
likely than not that there will be suitable taxable profits from which the future reversal of the
underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in
the periods in which timing differences reverse, based on tax rates and laws enacted or
substantively enacted at the balance sheet date.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the
contractual arrangements entered into. An equity instrument is any contract that evidences a
residual interest in the assets of the entity after deducting all of its financial liabilities.

2Tangible fixed assets

	£
Cost
At 1 August 2015	24,364
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	24,364
Depreciation
At 1 August 2015	12,380
Charge for the year	6,091
On disposals	-
At 31 July 2016	18,471
Net book values
At 31 July 2016	5,893
At 31 July 2015	11,984

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	J A TUTTY
Description of the transaction:	LOAN ACCOUNT
Balance at 1 August 2015:	£ 61,822
Advances or credits made:	£ 102,726
Advances or credits repaid:	£ 114,392
Balance at 31 July 2016:	£ 50,156