EZPMO LTD - Period Ending 2016-04-30

COMPLEXDATASORTED LTD - Company Information

Registration number: 08998675

EZPMO LTD

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2016

Alexander Rosse Limited
Suite 153 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD

EZPMO LTD

Contents

Company Information	1
Directors' Report	2
Accountants' Report	3
Balance Sheet	4
Notes to the Financial Statements	5 to 6

EZPMO LTD

Company Information

Directors

Mr Andrew Howard THOMAS

Mr David Millar GALBRAITH

Registered office

80 Brantwood Avenue
Whitley Bay,
Tyne And Wear
NE25 8NL

Accountants

Alexander Rosse Limited
Suite 153 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD

Page 1

EZPMO LTD

Directors' Report for the Year Ended 30 April 2016

The Directors present their report and the financial statements for the year ended 30 April 2016.

Directors of the Company

The directors who held office during the year were as follows:

Mr Andrew Howard THOMAS

Mr David Millar GALBRAITH

Principal activity

The principal activity of the company is information technology consultancy services.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 23 December 2016 and signed on its behalf by:

.........................................
Mr Andrew Howard THOMAS
Director

Page 2

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
EZPMO LTD
for the Year Ended 30 April 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of EZPMO LTD for the year ended 30 April 2016 as set out on pages 4 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of EZPMO LTD, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of EZPMO LTD and state those matters that we have agreed to state to the Board of Directors of EZPMO LTD, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF.To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EZPMO LTD and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that EZPMO LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of EZPMO LTD. You consider that EZPMO LTD is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of EZPMO LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Alexander Rosse Limited
Suite 153 Milton Keynes Business CentreFoxhunter DriveMilton KeynesBuckinghamshireMK14 6GD

22 December 2016

Page 3

EZPMO LTD

(Registration number: 08998675)
Balance Sheet as at 30 April 2016

	Note	30 April 2016 £	30 April 2015 £
Current assets
Debtors	4	26,425	6
Cash at bank and in hand		747	30,000
		27,172	30,006
Creditors: Amounts falling due within one year	5	(21,925)	(12,578)
Net assets		5,247	17,428
Capital and reserves
Called up share capital		6	6
Profit and loss account		5,241	17,422
Total equity		5,247	17,428

For the financial year ending 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his 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.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 23 December 2016 and signed on its behalf by:

.........................................

Mr Andrew Howard THOMAS

Director

The notes on pages 5 to 6 form an integral part of these financial statements.
Page 4

EZPMO LTD

Notes to the Financial Statements for the Year Ended 30 April 2016

1	General information

The company is a private company limited by share capital incorporated in United Kingdom.

The address of its registered office is:
80 Brantwood Avenue
Whitley Bay,
Tyne And Wear
NE25 8NL

These financial statements were authorised for issue by the Board on 23 December 2016.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company. The Company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the Company's activities.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Page 5

EZPMO LTD

Notes to the Financial Statements for the Year Ended 30 April 2016

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Loss/profit before tax

Arrived at after charging/(crediting)

Year ended 30 April 2016
£

Debtors

	30 April 2016 £	30 April 2015 £
Other debtors	26,425	6

Creditors

	Note	30 April 2016 £	30 April 2015 £
Due within one year
Trade creditors		21,350	3,298
Social security and other taxes		-	4,350
Accrued expenses		575	575
Income tax liability		-	4,355
		21,925	12,578

Page 6