Emerald Project Solutions Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 08866427

Abridged Financial Statements for the Year Ended 31 January 2018

for

EMERALD PROJECT SOLUTIONS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Morgan

Mrs R Morgan

REGISTERED OFFICE:

99 Abbey Road

Westbury-on-Trym

Bristol

BS9 3QJ

REGISTERED NUMBER:

08866427

ACCOUNTANTS:

West Country Accounting Services Limited

Chartered Accountants

BS15 8DH

FIXED ASSETS

Tangible assets

4

2,801

2,602

CURRENT ASSETS

Debtors

5

32,943

32,923

Cash at bank and in hand

72,094

47,272

105,037

80,195

CREDITORS

Amounts falling due within one year

64,589

60,194

NET CURRENT ASSETS

40,448

20,001

TOTAL ASSETS LESS CURRENT LIABILITIES

43,249

22,603

PROVISIONS FOR LIABILITIES

532

494

NET ASSETS

42,717

22,109

CAPITAL AND RESERVES

Called up share capital

6

22

2

Retained earnings

7

42,695

22,107

SHAREHOLDERS' FUNDS

42,717

22,109

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors on 7 August 2018 and were signed on its behalf by:

A Morgan - Director

1.	STATUTORY INFORMATION

Emerald Project Solutions Limited is a private company, limited by shares , registered in Not specified/Other.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

33% on reducing balance

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 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2017

4,135

Additions

858

At 31 January 2018

4,993

DEPRECIATION

At 1 February 2017

1,533

Charge for year

659

At 31 January 2018

2,192

NET BOOK VALUE

At 31 January 2018

2,801

At 31 January 2017

2,602

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Other debtors

2

2

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

1

Ordinary 'A'

£1

1

1

1

Ordinary 'B'

£1

1

1

10

Ordinary 'C'

£1

10

-

10

Ordinary 'D'

£1

10

-

22

2

The following shares were issued during the year for cash at par :

10 Ordinary 'C' shares of £1

10 Ordinary 'D' shares of £1

7.

RESERVES

Retained

earnings

£

At 1 February 2017

22,107

Profit for the year

91,588

Dividends

(71,000

)

At 31 January 2018

42,695