Company Registration No. 07034588 (England and Wales)
EYTON SOLUTIONS LIMITED
ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
EYTON SOLUTIONS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
EYTON SOLUTIONS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2016
30 September 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
15,897
22,221
Current assets
Debtors
39,221
36,145
Cash at bank and in hand
2,898
7,332
42,119
43,477
Creditors: amounts falling due within one year
(51,403)
(53,646)
Net current liabilities
(9,284)
(10,169)
Total assets less current liabilities
6,613
12,052
Creditors: amounts falling due after more than one year
(6,250)
(10,000)
363
2,052
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
263
1,952
Shareholders' funds
363
2,052
For the financial year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 24 May 2017
S Hembury
Director
Company Registration No. 07034588
EYTON SOLUTIONS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 2 -
1
Accounting policies
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 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
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:
Property improvements
5 years straight line
Computer equipment
3 years straight line
Fixtures, fittings and equipment
25% reducing balance
Motor vehicles
25% reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 October 2015
42,961
Additions
1,702
At 30 September 2016
44,663
Depreciation
At 1 October 2015
20,740
Charge for the year
8,026
At 30 September 2016
28,766
Net book value
At 30 September 2016
15,897
At 30 September 2015
22,221
EYTON SOLUTIONS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100