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REGISTERED NUMBER: 02252327















Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

The ESOP Centre Limited

The ESOP Centre Limited (Registered number: 02252327)






Contents of the Abbreviated Accounts
for the Year Ended 30 June 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Report of the Accountants 5

The ESOP Centre Limited

Company Information
for the Year Ended 30 June 2016







DIRECTOR: M Hurlston





SECRETARY: L Wilbert





REGISTERED OFFICE: 105A Randolph Ave
London,
W9 1DL





REGISTERED NUMBER: 02252327





ACCOUNTANTS: St James's Associates Limited
Certified Accountants
Level 34, One Canada Place
Canary Wharf
London
E14 1AA

The ESOP Centre Limited (Registered number: 02252327)

Abbreviated Balance Sheet
30 June 2016

30.6.16 30.6.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1,840 3,680

CURRENT ASSETS
Debtors 22,695 42,134
Cash at bank 4,562 6,656
27,257 48,790
CREDITORS
Amounts falling due within one year 39,454 58,737
NET CURRENT LIABILITIES (12,197 ) (9,947 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,357

)

(6,267

)

RESERVES
Other reserves 47,999 47,999
Income and expenditure account (58,356 ) (54,266 )
(10,357 ) (6,267 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its surplus or deficit for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 20 March 2017 and were signed by:





M Hurlston - Director


The ESOP Centre Limited (Registered number: 02252327)

Notes to the Abbreviated Accounts
for the Year Ended 30 June 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 20% on cost

Deferred tax
Deferred tax is recognised in respect of timing differences that have originated but not reversed at the balance
sheet date, with the exception of asset balances which are unlikely to crystallise.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 July 2015
and 30 June 2016 9,200
DEPRECIATION
At 1 July 2015 5,520
Charge for year 1,840
At 30 June 2016 7,360
NET BOOK VALUE
At 30 June 2016 1,840
At 30 June 2015 3,680

The computer equipment addition of £9,200 relates to the development of a new website.

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

M Hurlston, a director of The ESOP Centre Limited, is also a director of Malcolm Hurlston Corporate
Consultancy Limited a company in which he has a material interest. During the year purchases of £48,000 were
made from this company and also expenses were reimbursed at cost in the sum of £69,035. As at the year end
date there was £5,847.94 due to Malcolm Hurlston Corporate Consultancy Limited.

A loan of £30,000 was made by Malcolm Hurlston Corporate Consultancy Limited during the year ended 30
June 2015. A repayment of £25,000 was made during the year ended 30 June 2016 leaving a balance of £5,000
outstanding at the year end. Interest is being charged at a commercial rate.

The ESOP Centre Limited (Registered number: 02252327)

Notes to the Abbreviated Accounts - continued
for the Year Ended 30 June 2016

4. DEFERRED TAX

As at the year end date there were trading losses amounting to £83,163 (2015 £83,808) available to carry
forward against future trading profits. A deferred tax asset has not been provided in respect of this as this asset is
not expected to crystallise in the foreseeable future. The deferred tax asset not provided for amounts to £16,633
(2015 £16,762).

The ESOP Centre Limited

Report of the Accountants to the Director of
The ESOP Centre Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)
have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2016 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






St James's Associates Limited
Certified Accountants
Level 34, One Canada Place
Canary Wharf
London
E14 1AA


Date: .............................................