Registered Number 02796584
E.B.G. (UK) LIMITED
Abbreviated Accounts
31 October 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Stocks |
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Debtors | 3 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 4 |
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Share premium account |
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Other reserves |
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Profit and loss account |
( |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
1.1 Accounting Convention
The financial statements are prepared under the historical cost convention and in
accordance with the Financial Reporting Standard for Smaller Entities (effective January
2007)
1.2 Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade
discounts
1.3 Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at
rates calculated to write off the cost less estimated residual value of each asset over its
expected useful life, as follows:
Plant and Machinery 25% reducing balance
Fixtures, fittings & equipment 25% reducing balance
Motor vehicles 25% reducing balance
1.4 Stock
Stock is valued at the lower of cost and net realisable value
1.5 Deferred Taxation
Deferred tax is provided in full in respect of taxation deferred by timing differences
between the treatment of certain items for taxation and accounting purposes.
£ | |
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Cost | |
At 1 November 2015 |
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Additions |
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Disposals |
( |
Revaluations |
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Transfers |
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At 31 October 2016 |
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Depreciation | |
At 1 November 2015 |
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Charge for the year |
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On disposals |
( |
At 31 October 2016 |
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Net book values | |
At 31 October 2016 | 13,605 |
At 31 October 2015 | 30,569 |
2016
£ |
2015
£ |
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Debtors include the following amounts due after more than one year |
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