ERx Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06840114 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

ERX LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

T W D Blaney

Miss V M E Blaney

SECRETARY:

Miss V M E Blaney

REGISTERED OFFICE:

5A Bedgebury Business Park

Forge Farm

Bedgebury Road, Goudhurst

Cranbrook

Kent

TN17 2QZ

REGISTERED NUMBER:

06840114 (England and Wales)

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

3,435

5,881

3,435

5,881

CURRENT ASSETS

Debtors

42,872

53,511

Cash at bank

-

10,198

42,872

63,709

CREDITORS

Amounts falling due within one year

62,584

75,343

NET CURRENT LIABILITIES

(19,712

)

(11,634

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(16,277

)

(5,753

)

PROVISIONS FOR LIABILITIES

489

1,176

NET LIABILITIES

(16,766

)

(6,929

)

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

(16,767

)

(6,930

)

SHAREHOLDERS' FUNDS

(16,766

)

(6,929

)

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 21 December 2016 and were signed on its behalf
by:

T W D Blaney - 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 goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of four years.

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

-

25% on cost

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

4,070

AMORTISATION

At 1 April 2015

and 31 March 2016

4,070

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

10,994

DEPRECIATION

At 1 April 2015

5,113

Charge for year

2,446

At 31 March 2016

7,559

NET BOOK VALUE

At 31 March 2016

3,435

At 31 March 2015

5,881

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1