31E Limited - Period Ending 2015-05-31

Registration number: 03977083

31E Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 May 2015
 

31E Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

31E Limited
(Registration number: 03977083)
Abbreviated Balance Sheet at 31 May 2015

		Note			2015 £			2014 £
Fixed assets
Investments					3,100			3,100
Current assets
Debtors					1,000			1,000
Creditors: Amounts falling due within one year					(3,471)			(3,471)
Net current liabilities					(2,471)			(2,471)
Net assets					629			629
Capital and reserves
Called up share capital		3			1,000			1,000
Profit and loss account					(371)			(371)
Shareholders' funds					629			629

For the year ending 31 May 2015 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 her 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 29 February 2016

.........................................
Ms C Rothschild
Director

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

31E Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2015
......... 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).

Exemption from preparing group accounts

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

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.

2	Fixed assets

		Investments £			Total £
Cost
At 1 June 2014		3,100			3,100
At 31 May 2015		3,100			3,100
Depreciation
At 31 May 2015		-			-
Net book value
At 31 May 2015		3,100			3,100
At 31 May 2014		3,100			3,100

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

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31E Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2015
......... continued

Undertaking

Holding

Proportion of voting rights and shares held

Principal activity

Subsidiary undertakings
31E Business Systems Limited	Ordinary shares	100%	Telecommunications business systems
31E Management Solutions Limited	Ordinary shares	100%	Administrative services
Business Phone Systems Limited	Ordinary shares	100%	Telecommunications solutions
Businessmobiles.com Limited	Ordinary shares	100%	Cellular telecommunications

The profit for the financial period of 31E Business Systems Limited was £nil and the aggregate amount of capital and reserves at the end of the period was £334.

The profit for the financial period of 31E Management Solutions Limited was £27,694 and the aggregate amount of capital and reserves at the end of the period was (£24,146).

The loss for the financial period of Business Phone Systems Limited was £299 and the aggregate amount of capital and reserves at the end of the period was £18,492.

The profit for the financial period of Businessmobiles.com Limited was £52,800 and the aggregate amount of capital and reserves at the end of the period was £103,374.

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		1,000			1,000			1,000			1,000

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