Electric Blue Enterprises Ltd - Period Ending 2016-10-31

Registration number: 09250778

Electric Blue Enterprises Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 October 2016
 

Electric Blue Enterprises Ltd
(Registration number: 09250778)
Abbreviated Balance Sheet at 31 October 2016

		Note			31 October 2016 £			31 October 2015 £
Fixed assets
Tangible fixed assets					772			-
Current assets
Debtors					12,750			26,611
Cash at bank and in hand					34,314			15,858
					47,064			42,469
Creditors: Amounts falling due within one year					(34,636)			(29,353)
Net current assets					12,428			13,116
Net assets					13,200			13,116
Capital and reserves
Called up share capital		3			200			200
Profit and loss account					13,000			12,916
Shareholders' funds					13,200			13,116

For the year ending 31 October 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 director acknowledges his 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 director on 27 July 2017

Dr J P Edmondson-Jones
Director

Electric Blue Enterprises Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 October 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	25% reducing balance

2	Fixed assets

		Tangible assets £			Total £
Cost
Additions		1,029			1,029
At 31 October 2016		1,029			1,029
Depreciation
Charge for the year		257			257
At 31 October 2016		257			257
Net book value
At 31 October 2016		772			772

3	Share capital

Allotted, called up and fully paid shares

	31 October 2016						31 October 2015
		No.			£			No.			£
Ordinary of £1 each		100			100			100			100
Ordinary A of £1 each		100			100			100			100
		200			200			200			200