3E COMMERCIAL LIMITED - Abbreviated accounts 16.1

REGISTERED NUMBER: 07141657 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 January 2016

for

3E COMMERCIAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs C L Ellwood

SECRETARY:

Mrs C L Ellwood

REGISTERED OFFICE:

28 Castle Close

Spennymoor

Co. Durham

DL16 6TR

REGISTERED NUMBER:

07141657 (England and Wales)

ACCOUNTANTS:

G D O'Hehir & Co Ltd

Chartered Accountants

22/23 Clyde Terrace

Spennymoor

Co. Durham

DL16 7SE

FIXED ASSETS

Tangible assets

2

710

887

CURRENT ASSETS

Cash at bank

1,632

604

CREDITORS

Amounts falling due within one year

14,578

13,474

NET CURRENT LIABILITIES

(12,946

)

(12,870

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,236

)

(11,983

)

PROVISIONS FOR LIABILITIES

177

177

NET LIABILITIES

(12,413

)

(12,160

)

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

(12,415

)

(12,162

)

SHAREHOLDERS' FUNDS

(12,413

)

(12,160

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 12 October 2016 and were signed by:

Mrs C L Ellwood - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, 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 etc

-

20% 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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

and 31 January 2016

2,085

DEPRECIATION

At 1 February 2015

1,198

Charge for year

177

At 31 January 2016

1,375

NET BOOK VALUE

At 31 January 2016

710

At 31 January 2015

887

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.16

31.1.15

value:

£

£

2

Ordinary shares

£1

2

2

4.	GOING CONCERN REVIEW

The directors are not aware of any reason why sales should reduce significantly next year.No material

uncertainties that may cast significant doubt on the ability of the company to continue as a going concern have

been identified. As a result they have adopted the going concern basis of accounting.