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REGISTERED NUMBER: 07188005 (England and Wales)















ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

EDWARD AUSTIN LIMITED

EDWARD AUSTIN LIMITED (REGISTERED NUMBER: 07188005)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

EDWARD AUSTIN LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2016







DIRECTORS: Mr A A Peat
Mr E Baumgartner





REGISTERED OFFICE: 26 York Street
London
W1U 6PZ





REGISTERED NUMBER: 07188005 (England and Wales)





ACCOUNTANTS: Taylor, Robertson & Willett Ltd
95 King Street
Lancaster
Lancashire
LA1 1RH

EDWARD AUSTIN LIMITED (REGISTERED NUMBER: 07188005)

ABBREVIATED BALANCE SHEET
31 March 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 14,000 15,000
Tangible assets 3 1,653 1,980
15,653 16,980

CURRENT ASSETS
Debtors 95,187 33,086
Cash at bank 160,649 96,143
255,836 129,229
CREDITORS
Amounts falling due within one year 115,067 56,562
NET CURRENT ASSETS 140,769 72,667
TOTAL ASSETS LESS CURRENT
LIABILITIES

156,422

89,647

CAPITAL AND RESERVES
Called up share capital 4 1,000 1,000
Profit and loss account 155,422 88,647
SHAREHOLDERS' FUNDS 156,422 89,647

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 profit or loss 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 Board of Directors on 31 May 2016 and were signed on its behalf by:





Mr E Baumgartner - Director


EDWARD AUSTIN LIMITED (REGISTERED NUMBER: 07188005)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 March 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 goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years.

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

Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015
and 31 March 2016 20,000
AMORTISATION
At 1 April 2015 5,000
Amortisation for year 1,000
At 31 March 2016 6,000
NET BOOK VALUE

At 31 March 2016 14,000
At 31 March 2015 15,000

EDWARD AUSTIN LIMITED (REGISTERED NUMBER: 07188005)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 March 2016

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 2,341
Additions 333
At 31 March 2016 2,674
DEPRECIATION
At 1 April 2015 361
Charge for year 660
At 31 March 2016 1,021
NET BOOK VALUE
At 31 March 2016 1,653
At 31 March 2015 1,980

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
1,000 Ordinary £1 1,000 1,000