Abbreviated Company Accounts - EDWARD SELDEN LIMITED

EDWARD SELDEN LIMITED - Company Information

04672113 EDWARD SELDEN LIMITED 2014-02-28 false 2013-03-01 2014-02-28 true 04672113 2013-03-01 2014-02-28 04672113 2014-02-28 04672113 2013-02-28 04672113 uk-gaap-cd-bus:Director1 2013-03-01 2014-02-28 04672113 uk-gaap-cd-bus:Director2 2013-03-01 2014-02-28 uk-gaap-cd-bus:Director3 2013-03-01 2014-02-28 uk-gaap-cd-bus:Director3 2014-02-28 uk-gaap-cd-bus:Director3 2013-02-28 uk-gaap-cd-bus:Director4 2013-03-01 2014-02-28 uk-gaap-cd-bus:Director4 2014-02-28 uk-gaap-cd-bus:Director4 2013-02-28 iso4217:GBP shares

Registered Number 04672113

EDWARD SELDEN LIMITED

Abbreviated Accounts

28 February 2014

EDWARD SELDEN LIMITED Registered Number 04672113

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	762	1,017
		762	1,017
Current assets
Debtors		154,455	152,530
Cash at bank and in hand		54,010	22,416
		208,465	174,946
Creditors: amounts falling due within one year		(40,906)	(29,948)
Net current assets (liabilities)		167,559	144,998
Total assets less current liabilities		168,321	146,015
Total net assets (liabilities)		168,321	146,015
Capital and reserves
Called up share capital		100	100
Profit and loss account		168,221	145,915
Shareholders' funds		168,321	146,015

For the year ending 28 February 2014 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 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.

Approved by the Board on 28 November 2014

And signed on their behalf by:
R Knowles, Director

EDWARD SELDEN LIMITED Registered Number 04672113

Notes to the Abbreviated Accounts for the period ended 28 February 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
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:

Computer equipment 33.3% reducing balance
Office equipment 25% reducing balance
Fixtures and fittings 25% reducing balance

Other accounting policies
Rentals payable under operating leases are charged in the profit and loss as and when paid.

The company does not operate a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

2Tangible fixed assets

	£
Cost
At 1 March 2013	16,453
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2014	16,453
Depreciation
At 1 March 2013	15,436
Charge for the year	255
On disposals	-
At 28 February 2014	15,691
Net book values
At 28 February 2014	762
At 28 February 2013	1,017

3Transactions with directors

Name of director receiving advance or credit:	G Bullock
Description of the transaction:	Outstanding loan
Balance at 1 March 2013:	£ 65,000
Advances or credits made:	-
Advances or credits repaid:	-
Balance at 28 February 2014:	£ 65,000

Name of director receiving advance or credit:	R Knowles
Description of the transaction:	Outstanding loan
Balance at 1 March 2013:	£ 65,000
Advances or credits made:	-
Advances or credits repaid:	-
Balance at 28 February 2014:	£ 65,000