Escape Business Technologies Limited - Limited company - abbreviated - 11.0.0

Escape Business Technologies Limited - Limited company - abbreviated - 11.0.0

ESCAPE BUSINESS TECHNOLOGIES LIMITED - Company Information

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SC196025 1.10.12 30.9.13 30.9.13 Company accounts Private Limited Company FY true false true false true true false Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC1960252012-09-30SC1960252013-09-30SC1960252012-10-012013-09-30SC1960252011-09-30SC1960252011-10-012012-09-30SC1960252012-09-30SC196025ns12:Scotland2012-10-012013-09-30SC196025ns14:PoundSterling2012-10-012013-09-30SC196025ns7:Director12012-10-012013-09-30SC196025ns7:OrdinaryShareClass12012-10-012013-09-30SC196025ns5:NetGoodwill2012-10-012013-09-30SC196025ns5:LandBuildingsns5:OwnedOrFreeholdTangibleFixedAssets2012-10-012013-09-30SC196025ns5:FixturesFittings2012-10-012013-09-30SC196025ns5:MotorVehicles2012-10-012013-09-30SC196025ns5:ComputerEquipment2012-10-012013-09-30SC196025ns7:OrdinaryShareClass12013-09-30SC196025ns7:OrdinaryShareClass12012-09-30SC196025ns7:Director12012-09-30SC196025ns7:Director12011-09-30SC196025ns7:Director12011-10-012012-09-30SC196025ns7:Director12013-09-30SC196025ns7:Director12012-09-30SC196025ns7:Director22012-10-012013-09-30SC196025ns7:Director22012-09-30SC196025ns7:Director22011-09-30SC196025ns7:Director22011-10-012012-09-30SC196025ns7:Director22013-09-30SC196025ns7:Director22012-09-30
REGISTERED NUMBER: SC196025 (Scotland)















Abbreviated Accounts for the Year Ended 30 September 2013

for

Escape Business Technologies Limited

Escape Business Technologies Limited (Registered number: SC196025)






Contents of the Abbreviated Accounts
for the Year Ended 30 September 2013




Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 3

Escape Business Technologies Limited (Registered number: SC196025)

Abbreviated Balance Sheet
30 September 2013

30.9.13 30.9.12
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - -
Tangible assets 3 131,711 96,521
131,711 96,521

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 794,678 825,566
Cash at bank and in hand 110 128
799,788 830,694
CREDITORS
Amounts falling due within one year 4 767,577 812,944
NET CURRENT ASSETS 32,211 17,750
TOTAL ASSETS LESS CURRENT
LIABILITIES
163,922
114,271

CREDITORS
Amounts falling due after more than one
year
4
64,192
66,610
NET ASSETS 99,730 47,661

CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and loss account 99,630 47,561
SHAREHOLDERS' FUNDS 99,730 47,661

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2013 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 notes form part of these abbreviated accounts

Page 1 continued...
Escape Business Technologies Limited (Registered number: SC196025)

Abbreviated Balance Sheet - continued
30 September 2013


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 11 September 2014 and were signed on its behalf
by:





Michael Bain - Director


The notes form part of these abbreviated accounts

Page 2
Escape Business Technologies Limited (Registered number: SC196025)

Notes to the Abbreviated Accounts
for the Year Ended 30 September 2013

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The principal accounting policies adopted in the preparation of the financial statements are set out below and
have remained unchanged from the previous year, and also have been consistently applied within the same
accounts.

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 the amount derived from the provision of goods and services falling within the company's
activities after deduction of trade discounts and value added tax.

Goodwill
Goodwill is the excess of the amount paid on acquisition of the business and the fair value of the net assets. It
has been written off in equal annual instalments over its estimated useful life.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property - 2% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

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

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange
ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating
result.

Hire purchase and leasing commitments
Tangible fixed assets acquired under finance leases and hire purchase contracts are capitalised at the estimated
fair value at the date of inception of each lease or contract. The total finance charges are allocated over the
period of the lease in such a way as to give a reasonably constant charge on the outstanding liability.

Rentals paid under operating leases are charged to the profit and loss account as incurred.

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.

Government grants
Government grants are credited to the Profit and Loss Account on an accruals basis and amounted to £20,754
(2012 - £nil).

Page 3 continued...
Escape Business Technologies Limited (Registered number: SC196025)

Notes to the Abbreviated Accounts - continued
for the Year Ended 30 September 2013

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2012
and 30 September 2013 100,000
AMORTISATION
At 1 October 2012
and 30 September 2013 100,000
NET BOOK VALUE

At 30 September 2013 -
At 30 September 2012 -

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2012 446,904
Additions 98,199
Disposals (19,799 )
At 30 September 2013 525,304
DEPRECIATION
At 1 October 2012 350,383
Charge for year 44,447
Eliminated on disposal (1,237 )
At 30 September 2013 393,593
NET BOOK VALUE
At 30 September 2013 131,711
At 30 September 2012 96,521

4. CREDITORS

Creditors include an amount of £ 129,905 (30.9.12 - £ 126,524 ) for which security has been given.

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.13 30.9.12
value: £    £   
100 Ordinary Shares £1 100 100

Page 4 continued...
Escape Business Technologies Limited (Registered number: SC196025)

Notes to the Abbreviated Accounts - continued
for the Year Ended 30 September 2013

6. DIRECTORS' ADVANCES AND CREDITS

The following advances and credits to directors subsisted during the years ended 30 September 2013 and
30 September 2012:

30.9.13 30.9.12
£    £   
Michael Bain
Balance outstanding at start of year 151,157 156,299
Amounts advanced 203,404 163,932
Amounts repaid (205,750 ) (169,074 )
Balance outstanding at end of year 148,811 151,157

Robin Parkinson
Balance outstanding at start of year 127,085 110,966
Amounts advanced 206,168 178,540
Amounts repaid (175,632 ) (162,421 )
Balance outstanding at end of year 157,621 127,085

These loans are interest free and have no fixed repayment terms.

Page 5