EXD Limited - Abbreviated accounts 16.3
EXD Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| EXD LIMITED |
| ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST JULY 2016 |
| EXD LIMITED (REGISTERED NUMBER: 03090399) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST JULY 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| EXD LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST JULY 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BANKERS: |
| EXD LIMITED (REGISTERED NUMBER: 03090399) |
| ABBREVIATED BALANCE SHEET |
| 31ST JULY 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| The directors acknowledge their 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 financial statements were approved by the Board of Directors on |
| EXD LIMITED (REGISTERED NUMBER: 03090399) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST JULY 2016 |
| 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 the value of goods and services provided, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet |
| date. |
| 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 |
| transaction. Exchange differences are taken into account in arriving at the operating result. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under |
| hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are |
| depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital |
| element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of |
| the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme |
| are charged to the profit and loss account in the period to which they relate. |
| EXD LIMITED (REGISTERED NUMBER: 03090399) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31ST JULY 2016 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st August 2015 |
| Additions |
| Disposals | ( |
) |
| At 31st July 2016 |
| DEPRECIATION |
| At 1st August 2015 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31st July 2016 |
| NET BOOK VALUE |
| At 31st July 2016 |
| At 31st July 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2012 | 2011 |
| value: | £ | £ |
| 2 | Ordinary 'A' | £1 | 2 | 2 |
| 8 | Ordinary 'B' | £1 | 8 | 8 |
| 8 | Ordinary 'C' | £1 | 8 | 8 |
| 2 | Ordinary 'D' | £1 | 2 | 2 |
| 20 | 20 |
| 4. | ULTIMATE PARENT COMPANY |
| The ultimate holding company is The Exhibition Department Limited (company no. 05744803) registered in England |
| and Wales. |