ERx Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06840114 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

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

-

85

Tangible assets

3

8,181

4,803

8,181

4,888

CURRENT ASSETS

Debtors

86,784

77,817

Cash at bank

2,383

46,465

89,167

124,282

CREDITORS

Amounts falling due within one year

89,147

126,899

NET CURRENT ASSETS/(LIABILITIES)

20

(2,617

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,201

2,271

PROVISIONS FOR LIABILITIES

1,636

961

NET ASSETS

6,565

1,310

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

6,564

1,309

SHAREHOLDERS' FUNDS

6,565

1,310

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 3 December 2014 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 April 2008).

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.

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.

Debtors

Factored debts are included on the balance sheet within debtors. The proceeds received from the factor are

included as secured liabilities. Factoring charges are recognised as they accrue and included within interest

payable and similar charges.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

4,070

AMORTISATION

At 1 April 2013

3,985

Amortisation for year

85

At 31 March 2014

4,070

NET BOOK VALUE

At 31 March 2014

-

At 31 March 2013

85

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

11,565

Additions

5,781

Disposals

(3,722

)

At 31 March 2014

13,624

DEPRECIATION

At 1 April 2013

6,762

Charge for year

2,403

Eliminated on disposal

(3,722

)

At 31 March 2014

5,443

NET BOOK VALUE

At 31 March 2014

8,181

At 31 March 2013

4,803

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1