Eris Enterprises Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05269012 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2018

for

Eris Enterprises Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs J W Combey

SECRETARY:

REGISTERED OFFICE:

Lychgate Barn

High Street

Tarporley

Cheshire

CW6 0AG

REGISTERED NUMBER:

05269012 (England and Wales)

ACCOUNTANTS:

John Greenall & Co Limited

20 Crewe Road

Sandbach

Cheshire

CW11 4NE

FIXED ASSETS

Tangible assets

4

2,220

4,167

CURRENT ASSETS

Debtors

5

18,770

13,578

Cash at bank and in hand

12,592

28,304

31,362

41,882

CREDITORS

Amounts falling due within one year

6

8,307

24,007

NET CURRENT ASSETS

23,055

17,875

TOTAL ASSETS LESS CURRENT LIABILITIES

25,275

22,042

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

25,273

22,040

SHAREHOLDERS' FUNDS

25,275

22,042

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 29 December 2018 and were signed by:

Mrs J W Combey - Director

1.	STATUTORY INFORMATION

Eris Enterprises Ltd 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.

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.

Long leasehold

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on cost

Computer equipment

-

25% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2017 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 November 2017

and 31 October 2018

18,109

4,819

1,383

3,268

27,579

DEPRECIATION

At 1 November 2017

14,488

4,498

1,383

3,043

23,412

Charge for year

1,810

80

-

57

1,947

At 31 October 2018

16,298

4,578

1,383

3,100

25,359

NET BOOK VALUE

At 31 October 2018

1,811

241

-

168

2,220

At 31 October 2017

3,621

321

-

225

4,167

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.18

31.10.17

£

£

Trade debtors

10,712

13,578

Amounts owed by group undertakings

6,127

-

Other debtors

1,931

-

18,770

13,578

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.18

31.10.17

£

£

Amounts owed to group undertakings

-

18,282

Taxation and social security

1,275

1,786

Other creditors

7,032

3,939

8,307

24,007

7.	RELATED PARTY DISCLOSURES

During the period a rental amount of £8961.98 (2017 - £6600) was paid to J Combey.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs J W Combey