Eclipse Developments (UK) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04282072

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

ECLIPSE DEVELOPMENTS (UK) LIMITED

Page

Company Information

1

Report of the Accountants

2

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R H Knighton

A W Earnshaw

SECRETARY:

R H Knighton

REGISTERED OFFICE:

9 Chapel Street

Poulton-le-Fylde

Lancashire

FY6 7BQ

REGISTERED NUMBER:

04282072

ACCOUNTANTS:

J D Mercer & Co

Chartered Accountants

9 Chapel Street

Poulton-le-Fylde

Lancashire

FY6 7BQ

BANKERS:

NatWest Bank Plc

20 Corporation Street

Blackpool

Lancashire

FY1 1EL

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have

been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2016 set out on pages four to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

J D Mercer & Co

Chartered Accountants

9 Chapel Street

Poulton-le-Fylde

Lancashire

FY6 7BQ

21 June 2016

FIXED ASSETS

Tangible assets

2

361,265

364,339

CURRENT ASSETS

Stocks

-

35,000

Debtors

608,241

642,973

Cash at bank and in hand

154

263,234

608,395

941,207

CREDITORS

Amounts falling due within one year

3

664,446

1,110,733

NET CURRENT LIABILITIES

(56,051

)

(169,526

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

305,214

194,813

CREDITORS

Amounts falling due after more than one year

3

-

14,454

NET ASSETS

305,214

180,359

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

305,114

180,259

SHAREHOLDERS' FUNDS

305,214

180,359

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 June 2016 and were signed on its behalf by:

R H Knighton - 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 work done , excluding value added tax.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Depreciation is not provided on freehold property.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

439,693

Additions

5,987

At 31 March 2016

445,680

DEPRECIATION

At 1 April 2015

75,354

Charge for year

9,061

At 31 March 2016

84,415

NET BOOK VALUE

At 31 March 2016

361,265

At 31 March 2015

364,339

3.

CREDITORS

Creditors include an amount of £ 111,867 (31/3/15 - £ 32,754 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/16

31/3/15

value:

£

100

Ordinary

£1

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2016 and

31 March 2015:

31/3/16

31/3/15

£

A W Earnshaw

Balance outstanding at start of year

45,379

32,752

Amounts advanced

51,949

37,627

Amounts repaid

(45,379

)

(25,000

)

Balance outstanding at end of year

51,949

45,379

R H Knighton

Balance outstanding at start of year

45,379

-

Amounts advanced

51,950

70,379

Amounts repaid

(45,379

)

(25,000

)

Balance outstanding at end of year

51,950

45,379

Loans to the directors are repayable in full and subject to interest at the official rate.