EIG Limited - Limited company - abbreviated - 11.9

EIG Limited - Limited company - abbreviated - 11.9

EIG LIMITED - Company Information

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REGISTERED NUMBER: 03734110 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

EIG LIMITED

EIG LIMITED (REGISTERED NUMBER: 03734110)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Accountants' Report 5

EIG LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2015







DIRECTORS: N A Sellick
J Stephen
S S Rowe





REGISTERED OFFICE: 38 Borough High Street
LONDON
SE1 1XW





REGISTERED NUMBER: 03734110 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey LLP
Chartered Accountants & Business Advisers
20 Havelock Road
HASTINGS
East Sussex
TN34 1BP
Page 1
EIG LIMITED (REGISTERED NUMBER: 03734110)

ABBREVIATED BALANCE SHEET
31 MARCH 2015

31.3.15 31.3.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 23,635 4,244
Investments 3 1,099,302 972,397
1,122,937 976,641

CURRENT ASSETS
Debtors 97,735 832,387
Cash at bank and in hand 388,524 61
486,259 832,448
CREDITORS
Amounts falling due within one year 4 714,732 1,362,744
NET CURRENT LIABILITIES (228,473 ) (530,296 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
894,464
446,345

PROVISIONS FOR LIABILITIES 4,140 119
NET ASSETS 890,324 446,226

CAPITAL AND RESERVES
Called up share capital 5 50,000 50,000
Profit and loss account 840,324 396,226
SHAREHOLDERS' FUNDS 890,324 446,226

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 10 December 2015 and were signed on its behalf
by:





N A Sellick - Director


The notes form part of these abbreviated accounts

Page 2
EIG LIMITED (REGISTERED NUMBER: 03734110)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The directors have made an assessment about the company's ability to continue as a going concern and they do
not consider there to be any material uncertainties. As a result they have adopted the going concern basis of
accounting.

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 commissions receivable, excluding value added tax.


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 - 33% on cost
Fixtures and fittings - 15% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014 136,189
Additions 30,298
At 31 March 2015 166,487
DEPRECIATION
At 1 April 2014 131,945
Charge for year 10,907
At 31 March 2015 142,852
NET BOOK VALUE
At 31 March 2015 23,635
At 31 March 2014 4,244

3. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 April 2014 972,397
Additions 126,905
At 31 March 2015 1,099,302
NET BOOK VALUE
At 31 March 2015 1,099,302
At 31 March 2014 972,397

Page 3 continued...
EIG LIMITED (REGISTERED NUMBER: 03734110)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2015

4. CREDITORS

Creditors include an amount of £ 0 (31.3.14 - £ 61,898 ) for which security has been given.

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.15 31.3.14
value: £    £   
50,000 Ordinary £1 50,000 50,000

6. ULTIMATE PARENT COMPANY

The company is a 100% subsidiary of Estate Insurance Group Limited, a company incorporated within England &
Wales.

7. CLIENT ACCOUNTS

The company holds clients bank accounts, the balance of which is wholly represented by balances due to clients.
2015 2014
£ £
Client account net balances 722,571 264,787


Page 4
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
EIG LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's
annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages
two to four) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of EIG Limited for the year ended 31 March 2015 which comprise the Profit and Loss Account, the
Balance Sheet and the related notes from the company's accounting records and from information and explanations you
have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of EIG Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of EIG Limited and state those matters that we have agreed to state to the Board of Directors of EIG Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that EIG Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of EIG Limited. You consider that EIG Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of EIG Limited. For this reason,
we have not verified the accuracy or completeness of the accounting records or information and explanations you have
given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ashdown Hurrey LLP
Chartered Accountants & Business Advisers
20 Havelock Road
HASTINGS
East Sussex
TN34 1BP


10 December 2015

This page does not form part of the abbreviated accounts

Page 5