REGISTERED NUMBER: |
Abbreviated Unaudited Accounts for the Year Ended 30 June 2013 |
for |
The ESOP Centre Limited |
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts for the Year Ended 30 June 2013 |
for |
The ESOP Centre Limited |
The ESOP Centre Limited (Registered number: 02252327) |
Contents of the Abbreviated Accounts |
for the Year Ended 30 June 2013 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
Report of the Accountants | 4 |
The ESOP Centre Limited |
Company Information |
for the Year Ended 30 June 2013 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
The ESOP Centre Limited (Registered number: 02252327) |
Abbreviated Balance Sheet |
30 June 2013 |
30.6.13 | 30.6.12 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Other reserves | 47,999 | 47,999 |
Income and expenditure account | ( |
) | ( |
) |
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 financial statements were approved by the director on |
The ESOP Centre Limited (Registered number: 02252327) |
Notes to the Abbreviated Accounts |
for the Year Ended 30 June 2013 |
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 April 2008). |
Turnover |
Turnover represents net invoiced sales of services, excluding value added tax. |
Tangible fixed assets |
Plant and machinery etc | - |
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 |
Additions |
At 30 June 2013 |
DEPRECIATION |
Charge for year |
At 30 June 2013 |
NET BOOK VALUE |
At 30 June 2013 |
The computer equipment addition of £9,200 relates to the development of a new website. |
3. | TRANSACTIONS WITH DIRECTOR |
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 and recharged |
expenses to the value of £153,005 (2012: £164,945) were made from this company. As at the year end date there |
was an amount owing to them of £27,568 (2012: £28,645 |
4. | DEFERRED TAX |
As at the year end date there were trading losses amounting to £74,299 (2012 £71,994) 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 £14,860 |
(2012 £14,557). |
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 three) |
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 2013 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. |
Date: ............................................. |