Abbreviated Company Accounts - EPSILON EXPERTS LIMITED

EPSILON EXPERTS LIMITED - Company Information

SC281117 EPSILON EXPERTS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true SC281117 2015-04-01 2016-03-31 SC281117 2016-03-31 SC281117 2015-03-31 SC281117 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 SC281117 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2016-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number SC281117

EPSILON EXPERTS LIMITED

Abbreviated Accounts

31 March 2016

EPSILON EXPERTS LIMITED Registered Number SC281117

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	14,585	12,025
		14,585	12,025
Current assets
Debtors		15,439	19,088
Cash at bank and in hand		3,233	10,979
		18,672	30,067
Creditors: amounts falling due within one year		(30,301)	(28,704)
Net current assets (liabilities)		(11,629)	1,363
Total assets less current liabilities		2,956	13,388
Accruals and deferred income		(2,917)	(2,405)
Total net assets (liabilities)		39	10,983
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		38	10,982
Shareholders' funds		39	10,983

For the year ending 31 March 2016 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 directors acknowledge their 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 Board on 23 December 2016

And signed on their behalf by:
Mr P G Jay, Director

EPSILON EXPERTS LIMITED Registered Number SC281117

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Computer equipment 33% on cost
Office equipment 20% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	16,231
Additions	7,719
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	23,950
Depreciation
At 1 April 2015	4,206
Charge for the year	5,159
On disposals	-
At 31 March 2016	9,365
Net book values
At 31 March 2016	14,585
At 31 March 2015	12,025

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1

4Transactions with directors

Name of director receiving advance or credit:	Mr P G Jay
Description of the transaction:	Interest free loan
Balance at 1 April 2015:	-
Advances or credits made:	£ 6,641
Advances or credits repaid:	-
Balance at 31 March 2016:	£ 6,641