Emmerson Accountancy Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05407078 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Emmerson Accountancy Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M W R Emmerson

P K Emmerson

Miss V J Mullock

Mrs K Emmerson

SECRETARY:

M W R Emmerson

REGISTERED OFFICE:

Atlantic Business Centre

Atlantic Street

Altrincham

Cheshire

WA14 5NQ

REGISTERED NUMBER:

05407078 (England and Wales)

ACCOUNTANTS:

Emmerson Accountancy Ltd

Atlantic Business Centre

Atlantic Street

Altrincham

Cheshire

WA14 5NQ

FIXED ASSETS

Tangible assets

2

9,268

8,705

CURRENT ASSETS

Debtors

126,844

129,835

Cash at bank and in hand

13,921

19,927

140,765

149,762

CREDITORS

Amounts falling due within one year

72,800

83,984

NET CURRENT ASSETS

67,965

65,778

TOTAL ASSETS LESS CURRENT
LIABILITIES

77,233

74,483

CREDITORS

Amounts falling due after more than one
year

15,000

NET ASSETS

62,233

59,483

CAPITAL AND RESERVES

Called up share capital

3

8

Profit and loss account

62,225

59,475

SHAREHOLDERS' FUNDS

62,233

59,483

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 16 December 2016 and were signed on its behalf
by:

M W R Emmerson - 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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% 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 April 2015

26,537

Additions

3,399

At 31 March 2016

29,936

DEPRECIATION

At 1 April 2015

17,832

Charge for year

2,836

At 31 March 2016

20,668

NET BOOK VALUE

At 31 March 2016

9,268

At 31 March 2015

8,705

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

8

Ordinary

£1

8