Evro Tool Company Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04039078 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2014

for

Evro Tool Company Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

I S Hogg

W D Smith

Miss R A Purdie

REGISTERED OFFICE:

Unit 14

Sovereign Enterprise Park

King William Street

Salford

M50 3UP

REGISTERED NUMBER:

04039078 (England and Wales)

ACCOUNTANTS:

Meacher-Jones

6 St John's Court

Vicars Lane

Chester

Cheshire

CH1 1QE

FIXED ASSETS

Intangible assets

2

7,201

-

Tangible assets

3

1,485

-

8,686

-

CURRENT ASSETS

Debtors

87,851

20,000

Cash at bank

3,759

-

91,610

20,000

CREDITORS

Amounts falling due within one year

81,315

7,259

NET CURRENT ASSETS

10,295

12,741

TOTAL ASSETS LESS CURRENT LIABILITIES

18,981

12,741

CREDITORS

Amounts falling due after more than one year

19,759

-

NET (LIABILITIES)/ASSETS

(778

)

12,741

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Profit and loss account

(1,778

)

11,741

SHAREHOLDERS' FUNDS

(778

)

12,741

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 13 May 2015 and were signed on its behalf by:

K A Bevan - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

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 reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

8,001

At 30 September 2014

8,001

AMORTISATION

Amortisation for year

800

At 30 September 2014

800

NET BOOK VALUE

At 30 September 2014

7,201

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,485

At 30 September 2014

1,485

NET BOOK VALUE

At 30 September 2014

1,485

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

£

1,000

Ordinary shares

£1

1,000

1,000

5.	ULTIMATE PARENT COMPANY

Buffalo Evridge Limited is regarded by the directors as being the company's ultimate parent company.

The parent company is Evridge Holdings Limited, a company incorporated in England and Wales.

6.	GOING CONCERN

The directors have intimated their continuing support of the company.