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REGISTERED NUMBER: 04177091 (England and Wales)










Unaudited Financial Statements

For The Year Ended 31 March 2019

for

E-commerce Computers Limited

E-commerce Computers Limited (Registered number: 04177091)






Contents of the Financial Statements
For The Year Ended 31 March 2019




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


E-commerce Computers Limited

Company Information
For The Year Ended 31 March 2019







DIRECTORS: J H Steynor
Mrs E Steynor





REGISTERED OFFICE: Tumbletree Lodge
Whitchurch
Ross-on-wye
Herefordshire
HR9 6BZ





REGISTERED NUMBER: 04177091 (England and Wales)





ACCOUNTANTS: Kingscott Dix Limited
Chartered Accountants
Goodridge Court
Goodridge Avenue
Gloucester
Gloucestershire
GL2 5EN

E-commerce Computers Limited (Registered number: 04177091)

Abridged Balance Sheet
31 March 2019

31.3.19 31.3.18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 21

CURRENT ASSETS
Debtors 453 567
Cash at bank 2,431 15,527
2,884 16,094
CREDITORS
Amounts falling due within one year 1,387 12,756
NET CURRENT ASSETS 1,497 3,338
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,497

3,359

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,397 3,259
1,497 3,359

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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.

E-commerce Computers Limited (Registered number: 04177091)

Abridged Balance Sheet - continued
31 March 2019


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 7 July 2019 and were signed on its behalf by:





J H Steynor - Director


E-commerce Computers Limited (Registered number: 04177091)

Notes to the Financial Statements
For The Year Ended 31 March 2019

1. STATUTORY INFORMATION

E-commerce Computers Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

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 - 33% on cost

E-commerce Computers Limited (Registered number: 04177091)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2019

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and
Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party
to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements,
when there is a legally enforceable right to set off the recognised amounts and there is an intention to
settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances, are initially
measured at transaction price including transaction costs and are subsequently carried at amortised
cost using the effective interest method unless the arrangement constitutes a financing transaction,
where the transaction is measured at the present value of the future receipts discounted at a market
rate of interest.

Other financial assets
Other financial assets, including investments in equity instruments which are not subsidiaries, associates
or joint ventures, are initially measured at fair value, which is normally the transaction price. Such
assets are subsequently carried at fair value and the changes in fair value are recognised in profit or
loss, except that investments in equity instruments that are not publicly traded and whose fair values
cannot be measured reliably are measured at cost less impairment.
Trade debtors, loans and other debtors that have fixed or determinable payments that are not quoted in
an active market are classified as 'loans and debtors'. Loans and debtors are measured at amortised
cost using the effective interest method, less any impairment.

Impairment of financial assets
Financial assets, other than those held at fair value through profit and loss, are assessed for indicators
of impairment at each reporting end date.
Financial assets are impaired where there is objective evidence that, as a result of one or more
events that occurred after the initial recognition of the financial asset, the estimated future cash flows
have been affected. The impairment loss is recognised in profit or loss.

Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset
expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership
to another entity.

Classification of financial liabilities
Financial liabilities are classified according to the substance of the contractual arrangements entered
into. An equity instrument is any contract that evidences a residual interest in the assets of the
company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors, bank loans, loans from fellow group
companies and preference shares that are classified as debt, are initially recognised at transaction price
unless the arrangement constitutes a financing transaction, where the debt instrument is measured at
the present value of the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.


E-commerce Computers Limited (Registered number: 04177091)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2019

2. ACCOUNTING POLICIES - continued
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary
course of business from suppliers. Trade creditors are classified as current liabilities if payment is due
within one year. If not, they are presented as creditors falling due after more than one year. Trade creditors
are recognised initially at transaction price and subsequently measured at amortised cost using the
effective interest method.

Derecognition of financial liabilities
Financial liabilities are derecognised when, and only when, the company's obligations are discharged,
cancelled, or they expire.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal
of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

E-commerce Computers Limited (Registered number: 04177091)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2019

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2018
and 31 March 2019 11,526
DEPRECIATION
At 1 April 2018 11,505
Charge for year 21
At 31 March 2019 11,526
NET BOOK VALUE
At 31 March 2019 -
At 31 March 2018 21