Company Registration No. 3259117 (England and Wales)
Essence Design Limited
Abbreviated unaudited accounts
for the year ended 31 October 2016
Essence Design Limited
Abbreviated Balance Sheet
as at 31 October 2016
Tangible assets
8,775
10,323
Cash at bank and in hand
16,924
47,393
Creditors: amounts falling due within one year
(28,139)
(23,614)
Net current assets
38,436
35,602
Called up share capital
2
2
Profit and loss account
47,309
45,923
Total shareholders' funds
47,311
45,925
For the year ending 31 October 2016 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 6 April 2017
Steven Wilber
Director
Company Registration No. 3259117
Essence Design Limited
Notes to the Abbreviated Accounts
for the year ended 31 October 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Fixtures & fittings
15% reducing balance
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
