Company Registration No. 09041339 (England and Wales)
EAGLE OWL COMMUNICATIONS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2015
EAGLE OWL COMMUNICATIONS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
EAGLE OWL COMMUNICATIONS LIMITED
ABBREVIATED BALANCE SHEET
- 1 -
2015
Notes
£
£
Fixed assets
Tangible assets
2
917
Current assets
Debtors
19,076
Cash at bank and in hand
19,956
39,032
Creditors: amounts falling due within one year
(15,649)
Net current assets
23,383
Total assets less current liabilities
24,300
Capital and reserves
Called up share capital
3
1
Profit and loss account
24,299
Shareholder's funds
24,300
For the financial period ended 31 May 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the period 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 11 February 2016
J Prayag
Director
Company Registration No. 09041339
EAGLE OWL COMMUNICATIONS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 MAY 2015
- 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 April 2008).
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 relating to consultancy services. Income is recognised by reference to the date of the service provided.
relating to consultancy services. Income is recognised by reference to the date of the service provided.
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:
Fixtures, fittings & equipment
25% straight line
2
Fixed assets
Tangible assets
£
Cost
At 15 May 2014
-
Additions
1,223
At 31 May 2015
1,223
Depreciation
At 15 May 2014
-
Charge for the period
306
At 31 May 2015
306
Net book value
At 31 May 2015
917
3
Share capital
2015
£
Allotted, called up and fully paid
1 Ordinary share of £1 each
1
During the period 1 ordinary share of £1 was allotted and fully paid at par
.