Abbreviated Company Accounts - EMERGENCY FILE LIMITED

EMERGENCY FILE LIMITED - Company Information

Registered Number 04259373

EMERGENCY FILE LIMITED

Abbreviated Accounts

31 July 2016

EMERGENCY FILE LIMITED Registered Number 04259373

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets		-	-
Investments		-	-
		-	-
Current assets
Stocks		-	-
Debtors	2	8,514	8,113
Investments		-	-
Cash at bank and in hand		253	6
		8,767	8,119
Creditors: amounts falling due within one year		(213)	(143)
Net current assets (liabilities)		8,554	7,976
Total assets less current liabilities		8,554	7,976
Total net assets (liabilities)		8,554	7,976
Capital and reserves
Called up share capital		90	90
Other reserves		18,008	18,008
Profit and loss account		(9,544)	(10,122)
Shareholders' funds		8,554	7,976

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 24 April 2017

And signed on their behalf by:
Richard Olding, Director

EMERGENCY FILE LIMITED Registered Number 04259373

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 in accordance with applicable Accounting Standards in the United Kingdom. A summary of the more important accounting policies, which have been applied consistently ,is set out below.

Turnover policy
Turnover represents the value of services rendered during the year net of VAT
All turnover arises from the Company's principal activity. The Company is yet to make sales and is currently developing the project för sale. Marketing and promotion of the products was planned to be undertaken in South East Asia during 2016 , but due to the ill health of the director this was postponed and part of the fees also had to be out sourced. A new market with a Pension Advisor company has now been identified and we are working with them on the redesign the product for direct sales

Tangible assets depreciation policy
The company applies a policy of capitalising individual assets where the cost of the asset exceeds £25,000.
No assets exceeding £25,000 have been acquired and no depreciation has been charged.

Valuation information and policy
Called up share capital 2016 2015

Authorised 100 £l Ordinary Shares £100 £100

Allocated and fully paid 2016 2015

90 £l Ordinary Shares 90 90

Opening shareholders funds 7976 8118

Issue of Shares - 0 0

Increase in Shareholders' loan - 0 0

(Loss) Profit for the financial period 568 -142

Closing shareholders' funds £8,544 £7,976

Other accounting policies
Directors Emoluments
There was no Directors Emoluments during the Year (2015 = £0)

Taxation
The company has provided for Corporation Tax at the rate of 20% of its computed Taxable profits
2016 2015
Tax on Profits for the Year 0 0
Adjustments for under provisions 0 0
-------- --------
0 0
-------- --------

Related Party Transactions

There were no related party transactions to report in 2016 or 2015

Capital Commitments
There were no Capital Commitments at 31st July 2016

2Debtors

	2016 £	2015 £
Debtors include the following amounts due after more than one year	2,113	2,113

This is in the form of a loan set against the long term loan from Shareholders