EMPLOYERS_AIDE_LTD - Accounts

EMPLOYERS' AIDE LIMITED - Company Information

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Company Registration No. 06163749 (England and Wales)

EMPLOYERS AIDE LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

EMPLOYERS AIDE LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

EMPLOYERS AIDE LTD

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

16,511

20,557

Current assets

Debtors

5,390

16,810

Cash at bank and in hand

19,458

24,848

16,818

Creditors: amounts falling due within one year

(44,060)

(28,802)

Net current liabilities

(19,212)

(11,984)

Total assets less current liabilities

(2,701)

8,573

Creditors: amounts falling due after more than one year

(14,367)

(20,525)

(17,068)

(11,952)

Capital and reserves

Called up share capital

Profit and loss account

(17,070)

(11,954)

Shareholders' funds

(17,068)

(11,952)

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 14 December 2015

Mrs Glennis Toms

Director

Company Registration No. 06163749

EMPLOYERS AIDE LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures & Fittings

33% on cost and 10% on reducing balance

Computer equipment

33% on cost

Equipment

33% on cost and 10% on reducing balance

Motor vehicles

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

1.6

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

EMPLOYERS AIDE LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

- 3 -

Fixed assets

Tangible assets

Cost

At 1 April 2014

25,869

Additions

375

Disposals

(330)

At 31 March 2015

25,914

Depreciation

At 1 April 2014

5,312

On disposals

(309)

Charge for the year

4,400

At 31 March 2015

9,403

Net book value

At 31 March 2015

16,511

At 31 March 2014

20,557

Share capital

2015

2014

Allotted, called up and fully paid

2 Ordinary of £1 each