Company Registration No. 09041339 (England and Wales)
EAGLE OWL COMMUNICATIONS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2016
EAGLE OWL COMMUNICATIONS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
EAGLE OWL COMMUNICATIONS LIMITED
ABBREVIATED BALANCE SHEET
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
611
917
Current assets
Debtors
6,000
19,076
Cash at bank and in hand
8,748
19,956
14,748
39,032
Creditors: amounts falling due within one year
(4,464)
(15,649)
Net current assets
10,284
23,383
Total assets less current liabilities
10,895
24,300
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
10,894
24,299
Shareholder's funds
10,895
24,300
For the financial year ended 31 May 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 member has 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 27 February 2017
J Prayag
Director
Company Registration No. 09041339
EAGLE OWL COMMUNICATIONS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 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 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 1 June 2015 & at 31 May 2016
1,223
Depreciation
At 1 June 2015
306
Charge for the period
306
At 31 May 2016
612
Net book value
At 31 May 2016
611
At 31 May 2015
917
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary share of £1 each
1
1