Registration number:
for the
Year Ended
Environment Systems Limited
Contents
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Environment Systems Limited
balance sheet as at 31 March 2016
Note |
2016
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2015
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Fixed assets |
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Tangible fixed assets |
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Investments |
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Current assets |
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Debtors |
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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 (liabilities)/assets |
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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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Provisions for liabilities |
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Total net (liabilities)/assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' (deficit)/funds |
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1
Environment Systems Limited
balance sheet as at 31 March 2016
......... continued
Approved by the Board on
.........................................
Mr G Summers
Director
2
Environment Systems Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Accounting policies |
Basis of preparation
Going concern
At the balance sheet date the company had net current liabilities of £20,193 and total net liabilities of £54,278. However creditors includes loans from directors of £49,822. The directors anticipate that the company will return to profit in 2017 and combined with the continued support of the directors, they consider it appropriate to prepare the financial statements on the going concern basis.
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Fixtures and fittings |
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Computer equipment |
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Fixed asset investments
Deferred tax
Hire purchase and leasing
Pensions
Environment Systems Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Fixed assets |
Tangible assets
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Investments
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Total
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Cost |
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At 1 April 2015 |
349,986 |
1,000 |
350,986 |
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Additions |
13,943 |
- |
13,943 |
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Disposals |
- |
(1,000) |
(1,000) |
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At 31 March 2016 |
363,929 |
- |
363,929 |
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Depreciation |
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At 1 April 2015 |
306,132 |
- |
306,132 |
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Charge for the year |
25,164 |
- |
25,164 |
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At 31 March 2016 |
331,296 |
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331,296 |
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Net book value |
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At 31 March 2016 |
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At 31 March 2015 |
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Creditors |
Creditors includes the following liabilities, on which security has been given by the company:
2016
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2015
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Amounts falling due within one year |
70,959 |
138,226 |
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Amounts falling due after more than one year |
66,718 |
- |
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Total secured creditors |
137,677 |
138,226 |
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
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No. |
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