ERA MANAGEMENT LIMITED

ERA MANAGEMENT LIMITED

ERA MANAGEMENT LIMITED - Company Information

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ERA MANAGEMENT LIMITED

Company Registration Number:
03958379 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

ERA MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2018

Balance sheet
Notes

ERA MANAGEMENT LIMITED

Balance sheet

As at 31 March 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 7,168 7,559
Total fixed assets: 7,168 7,559
Current assets
Debtors:   478,716 453,578
Cash at bank and in hand: 121,610 38,839
Total current assets: 600,326 492,417
Creditors: amounts falling due within one year:   (552,634) (461,901)
Net current assets (liabilities): 47,692 30,516
Total assets less current liabilities: 54,860 38,075
Total net assets (liabilities): 54,860 38,075
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 54,858 38,073
Shareholders funds: 54,860 38,075

The notes form part of these financial statements

ERA MANAGEMENT LIMITED

Balance sheet statements

For the year ending 31 March 2018 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 December 2018
and signed on behalf of the board by:

Name: S E Dijkstra
Status: Director

The notes form part of these financial statements

ERA MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership havetransferred to the buyer, usually on despatch of the goods; the amount of revenue can be measuredreliably; it is probable that the associated economic benefits will flow to the entity and the costs incurredor to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,over the useful economic life.If there is an indication that there has been a significant change in depreciation rate, useful life orresidual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

ERA MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Employees

2018 2017
Average number of employees during the period 5 5

ERA MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

3. Tangible Assets

Total
Cost £
At 01 April 2017 66,069
Additions 4,272
Disposals (42,981)
At 31 March 2018 27,360
Depreciation
At 01 April 2017 58,510
Charge for year 2,389
On disposals (40,707)
At 31 March 2018 20,192
Net book value
At 31 March 2018 7,168
At 31 March 2017 7,559