E & P Securities Limited iXBRL

Company Number: 08297066

E & P Securities Limited

Unaudited Abbreviated Financial Statements

for the year ended 30 November 2016

E & P Securities Limited

Company Number: 08297066

ABBREVIATED BALANCE SHEET

as at 30 November 2016

			2016		2015
		Notes	£		£
Current Assets

Debtors			4,500		-
Cash at bank and in hand			11,828		1
			─────────		─────────
			16,328		1
			─────────		─────────
Creditors: Amounts falling due within one year			(15,246)		-
			─────────		─────────
Net Current Assets			1,082		1
			─────────		─────────
Total Assets less Current Liabilities			1,082		1
			═════════		═════════
Capital and Reserves

Called up share capital		1	100		1
Profit and Loss Account			982		-
			─────────		─────────
Shareholders' Funds			1,082		1
			═════════		═════════
These abbreviated financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Director's Report.

For the financial year ended 30 November 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 16 August 2017

________________________________
H J Daniel
Director

E & P Securities Limited

ACCOUNTING POLICIES

for the year ended 30 November 2016

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 and the Financial Reporting Standard for Smaller Entities (effective January 2015). The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Turnover

Turnover comprises the invoice value of services supplied by the company, exclusive of trade discounts and value added tax.

Taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the balance sheet date. Transactions, during the year, which are denominated in foreign currencies are translated at the rates of exchange ruling at the date of the transaction. The resulting exchange differences are dealt with in the profit and loss account.

E & P Securities Limited

NOTES TO THE ABBREVIATED FINANCIAL STATEMENTS
for the year ended 30 November 2016

1.	SHARE CAPITAL			2016	2015
				£	£
	Description	Number of shares	Value of units
	Allotted, called up and fully paid
	Ordinary Shares	100	£1 each	100	1
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