ER Developments Limited - Dormant accounts - members and to registrar (filleted) 18.1.1

REGISTERED NUMBER: 04891831 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2017

for

ER Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P G O'Doherty

Mrs E O'Doherty

SECRETARY:

P G O'Doherty

REGISTERED OFFICE:

44 Priory Road

Sale

M33 2BT

REGISTERED NUMBER:

04891831 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,345

CURRENT ASSETS

Stocks

457,892

Cash at bank

4,024

461,916

CREDITORS

Amounts falling due within one year

5

520,554

NET CURRENT LIABILITIES

(58,638

)

(58,638

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(57,293

)

(57,293

)

CAPITAL AND RESERVES

Called up share capital

101

Retained earnings

(57,394

)

(57,394

)

(57,293

)

(57,293

)

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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.

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 28 September 2018 and were signed on its behalf
by:

P G O'Doherty - Director

1.	STATUTORY INFORMATION

ER Developments Limited is a private company, limited by shares , registered in England and Wales. 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.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost and 10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2017

and 31 December 2017

20,206

DEPRECIATION

At 1 January 2017

and 31 December 2017

18,861

NET BOOK VALUE

At 31 December 2017

1,345

At 31 December 2016

1,345

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

Bank loans and overdrafts

230,636

Other creditors

289,918

520,554