Epic Marketing Services Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04435231 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Epic Marketing Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs K M Robertson

SECRETARY:

Ms J M Clark

REGISTERED OFFICE:

Lancaster House

Sopwith Crescent

Shotgate

Wickford

Essex

SS11 8YU

REGISTERED NUMBER:

04435231 (England and Wales)

ACCOUNTANTS:

Macrays Accountants & Business Advisers

Lancaster House

Sopwith Crescent

Shotgate

Wickford

Essex

SS11 8YU

FIXED ASSETS

Intangible assets

2

15,500

17,050

Tangible assets

3

5,069

5,635

20,569

22,685

CURRENT ASSETS

Debtors

41,000

37,360

Cash at bank

26,390

39,571

67,390

76,931

CREDITORS

Amounts falling due within one year

108,760

109,045

NET CURRENT LIABILITIES

(41,370

)

(32,114

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(20,801

)

(9,429

)

CREDITORS

Amounts falling due after more than one year

9,285

-

NET LIABILITIES

(30,086

)

(9,429

)

CAPITAL AND RESERVES

Called up share capital

4

102

102

Profit and loss account

(30,188

)

(9,531

)

SHAREHOLDERS' FUNDS

(30,086

)

(9,429

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 2 December 2014 and were signed by:

Mrs K M Robertson - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

25% written down value

Deferred tax

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

the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

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 the profit and loss account in the period to which they

relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

31,000

AMORTISATION

At 1 April 2013

13,950

Amortisation for year

1,550

At 31 March 2014

15,500

NET BOOK VALUE

At 31 March 2014

15,500

At 31 March 2013

17,050

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

25,365

Additions

1,132

At 31 March 2014

26,497

DEPRECIATION

At 1 April 2013

19,730

Charge for year

1,698

At 31 March 2014

21,428

NET BOOK VALUE

At 31 March 2014

5,069

At 31 March 2013

5,635

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100

1

Ordinary A Class

£1.00

1

1

1

Ordinary B Class

£1.00

1

1

102

102