Abbreviated Company Accounts - EF MANAGERS LIMITED

Abbreviated Company Accounts - EF MANAGERS LIMITED


Registered Number 01624489

EF MANAGERS LIMITED

Abbreviated Accounts

30 September 2014

EF MANAGERS LIMITED Registered Number 01624489

Abbreviated Balance Sheet as at 30 September 2014

Notes 2014 2013
£ £
Current assets
Debtors 1,220,071 1,220,071
1,220,071 1,220,071
Net current assets (liabilities) 1,220,071 1,220,071
Total assets less current liabilities 1,220,071 1,220,071
Total net assets (liabilities) 1,220,071 1,220,071
Capital and reserves
Called up share capital 2 2,567,430 2,567,430
Profit and loss account (1,347,359) (1,347,359)
Shareholders' funds 1,220,071 1,220,071
  • For the year ending 30 September 2014 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 14 October 2014

And signed on their behalf by:
S D Ozin, Director

EF MANAGERS LIMITED Registered Number 01624489

Notes to the Abbreviated Accounts for the period ended 30 September 2014

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.

Other accounting policies
The Company is a wholly owned subsidiary of an EU company which publishes consolidated Financial Statements that include a consolidated cash flow statement and therefore is not required to produce a cash flow statement.

Deferred tax assets and liabilities arise from timing differences between the recognition of gains and losses in the financial statements and their recognition in a tax computation. In accordance with FRS 19, deferred tax is now provided for on a non-discounted basis in respect of all timing differences that have originated, but not reversed, at the balance sheet date that may give rise to an obligation to pay more or less tax in the future.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
2,567,430 Ordinary shares of £1 each 2,567,430 2,567,430