Edward Miles Removals, Storage, Shipping - Abbreviated accounts 16.3

REGISTERED NUMBER: 09235597 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

Edward Miles Removals, Storage,

Shipping Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

E Miles

REGISTERED OFFICE:

Flat 150A, Albert Palace Mansions

Lurline Gardens

London

SW11 4DE

REGISTERED NUMBER:

09235597 (England and Wales)

ACCOUNTANT:

J N Flanagan ATT (Fellow)

The Granary,

Hones Yard,

1 Waverley Lane,

Farnham,

Surrey

GU9 8BB

FIXED ASSETS

Tangible assets

2

48,345

46,388

CURRENT ASSETS

Debtors

12,488

12,043

Prepayments and accrued income

481

-

Cash at bank

28,699

35,765

41,668

47,808

CREDITORS

Amounts falling due within one year

58,431

50,787

NET CURRENT LIABILITIES

(16,763

)

(2,979

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

31,582

43,409

CREDITORS

Amounts falling due after more than one year

(29,039

)

(39,572

)

PROVISIONS FOR LIABILITIES

(9,669

)

(3,600

)

NET (LIABILITIES)/ASSETS

(7,126

)

237

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(7,226

)

137

SHAREHOLDERS' FUNDS

(7,126

)

237

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 12 June 2017 and were signed by:

E Miles - Director

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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Going concern

The accounts have been prepared on a Going Concern basis as the company is supported by shareholder funds which will

not be fully withdrawn until the company returns to profitability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

53,895

Additions

17,382

At 30 September 2016

71,277

DEPRECIATION

At 1 October 2015

7,507

Charge for year

15,425

At 30 September 2016

22,932

NET BOOK VALUE

At 30 September 2016

48,345

At 30 September 2015

46,388

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

100

Ordinary

£1

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 September 2016 and the period ended

30 September 2015:

30.9.16

30.9.15

£

E Miles

Balance outstanding at start of year

4,920

-

Amounts advanced

-

4,920

Amounts repaid

-

Balance outstanding at end of year

4,920