ERJ ESTATES LIMITED - Abbreviated accounts 16.3

REGISTERED NUMBER: 05552672 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

ERJ ESTATES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

V P Byrne

REGISTERED OFFICE:

1 & 2 The Barn

Oldwick

West Stoke Road

Chichester

West Sussex

PO18 9AA

REGISTERED NUMBER:

05552672 (England and Wales)

ACCOUNTANTS:

James Todd & Co Limited

1 & 2 The Barn

Oldwick

West Stoke Road

Chichester

West Sussex

PO18 9AA

FIXED ASSETS

Intangible assets

2

765,579

CURRENT ASSETS

Debtors

23

Cash at bank

451

1,713

474

1,736

CREDITORS

Amounts falling due within one year

768,937

777,078

NET CURRENT LIABILITIES

(768,463

)

(775,342

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,884

)

(9,763

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(2,885

)

(9,764

)

SHAREHOLDERS' FUNDS

(2,884

)

(9,763

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 22 May 2017 and were signed by:

V P Byrne - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company relies on the continued support of the director who is the major creditor. The financial

statements have been prepared on a going concern basis on the understanding that the director will

not withdraw their loan to the detriment of other creditors.

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 amounts derived from the provision of goods and services falling within the

company's ordinary activities, after deduction of trade discounts, value added tax and any other

other taxes.

Deferred tax

Deferred tax arises as a result of including items of income and expenditure in taxation

computations in period different from those in which they are included in the company's accounts.

Deferred tax is provided in full on timing differences which result in an obligation to pay more (or

less) tax at a future date, at the average tax rates that are expected to apply when the timing

differences reverse, based on current tax rates and laws.

Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where

there is no commitment to sell the asset.

Deferred tax assets and liabilities are not discounted.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

765,579

NET BOOK VALUE

At 30 September 2016

765,579

At 30 September 2015

765,579

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

1

Ordinary

£1

1