Endeavor Management Limited - Period Ending 2014-03-31

Registration number: 06610464

Endeavor Management Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2014
 

Endeavor Management Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Endeavor Management Limited
(Registration number: 06610464)
Abbreviated Balance Sheet at 31 March 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets					2,104			11,936
Investments					110,000			110,000
					112,104			121,936
Current assets
Debtors					80,438			185,692
Cash at bank and in hand					78,136			212,404
					158,574			398,096
Creditors: Amounts falling due within one year					(9,492)			(2,816)
Net current assets					149,082			395,280
Net assets					261,186			517,216
Capital and reserves
Called up share capital		3			10			10
Profit and loss account					261,176			517,206
Shareholders' funds					261,186			517,216

For the year ending 31 March 2014 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

Approved by the director on 30 January 2015

.........................................
A Harvey
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Endeavor Management Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Motor Vehicles	25% straight line basis
Office equipment	25% reducing balance basis

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 2

Endeavor Management Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... continued

2	Fixed assets

		Tangible assets £			Investments £			Total £
Cost
At 1 April 2013		27,142			110,000			137,142
Additions		939			-			939
Disposals		(23,317)			-			(23,317)
At 31 March 2014		4,764			110,000			114,764
Depreciation
At 1 April 2013		15,206			-			15,206
Charge for the year		3,484			-			3,484
Eliminated on disposals		(16,030)			-			(16,030)
At 31 March 2014		2,660			-			2,660
Net book value
At 31 March 2014		2,104			110,000			112,104
At 31 March 2013		11,936			110,000			121,936

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
A Ordinary of £1 each		9			9			9			9
B Ordinary of £1 each		1			1			1			1
		10			10			10			10

4	Related party transactions

Director's advances and credits

	2014 Advance/ Credit £	2014 Repaid £	2013 Advance/ Credit £	2013 Repaid £
A Harvey
	42,442	42,715	638,719	633,118

Page 3