Early Mediation Ltd - Limited company accounts 16.3

REGISTERED NUMBER: 06822450 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Early Mediation Ltd

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

M M Gill

M McCloskey

SECRETARY:

M M Gill

REGISTERED OFFICE:

59 Lancaster Avenue

Guildford

Surrey

GU1 3JR

REGISTERED NUMBER:

06822450 (England and Wales)

ACCOUNTANTS:

A S TAXATION LIMITED

59 Lancaster Avenue

Guildford

Surrey

GU1 3JR

The directors present their report with the financial statements of the company for the year ended 31 March 2017.

CESSATION OF TRADING

The company ceased trading on 31 March 2016.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of providing a design and development

consultancy in the financial and insurance industry.

DIRECTORS

M M Gill has held office during the whole of the period from 1 April 2016 to the date of this report.

Other changes in directors holding office are as follows:

M McCloskey - appointed 31 March 2017

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

M M Gill - Director

31 July 2017

TURNOVER

-

Cost of sales

-

12,000

GROSS LOSS

-

(12,000

)

Administrative expenses

138

199

OPERATING LOSS

(138

)

(12,199

)

Interest receivable and similar income

-

14

LOSS BEFORE TAXATION

(138

)

(12,185

)

Tax on loss

-

LOSS FOR THE FINANCIAL YEAR

(138

)

(12,185

)

CURRENT ASSETS

Debtors

4

27

-

Cash at bank

-

7,322

27

7,322

CREDITORS

Amounts falling due within one year

5

138

7,295

NET CURRENT (LIABILITIES)/ASSETS

(111

)

27

TOTAL ASSETS LESS CURRENT
LIABILITIES

(111

)

27

CAPITAL AND RESERVES

Called up share capital

25

Retained earnings

(136

)

2

SHAREHOLDERS' FUNDS

(111

)

27

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 July 2017 and were signed on its behalf by:

M M Gill - Director

1.	STATUTORY INFORMATION

Early Mediation Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

Trade debtors

1

-

Other debtors

26

-

27

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

Other creditors

138

7,295