Echo Web Limited,Ltd - AccountsLtd - Accounts

ECHO WEB LIMITED - Company Information

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Echo Web Limited

Registered Number:07354234

For the year ended 31 August 2017

England and Wales

Unaudited Financial Statements

As at 31 August 2017

Echo Web Limited

Statement of Financial Position

Registered Number :

07354234

2016

2017

Notes

Fixed assets

Property, plant and equipment

696

1,334

696

1,334

Current assets

30,418

Cash and cash equivalents

81,995

30,418

Trade and other payables: amounts falling due within one year

(16,108)

(44,733)

14,310

37,262

Net current assets

Total assets less current liabilities

37,958

15,644

37,958

Net assets

15,644

Capital and reserves

Called up share capital

Retained earnings

37,957

15,643

37,958

15,644

Shareholders' funds

For the year ended 31 August 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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

F Iqbal Director

These financial statements were approved and authorised for issue by the Board on 26 March 2018 and were signed by:

The notes form part of these financial statements

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For the year ended 31 August 2017

Echo Web Limited

Notes to the Financial Statements

Statutory Information

Echo Web Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number

07354234.

Registered address:

138 Abel Street

Burnley

BB10 1QB

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

33% per annum on cost

Computer equipment

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

2. Property, plant and equipment

Computer

equipment

Cost or valuation

At 01 September 2016

3,510

At 31 August 2017

3,510

Provision for depreciation and impairment

At 01 September 2016

2,176

Charge for year

638

At 31 August 2017

2,814

At 31 August 2017

Net book value

696

At 31 August 2016

1,334

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For the year ended 31 August 2017

Echo Web Limited

Notes to the Financial Statements Continued

3. Trade and other payables: amounts falling due within one year

2016

2017

Trade creditors

3,000

Taxation and social security

6,806

3,586

Other creditors

34,927

12,522

44,733

16,108

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