Registered Number 04102485

ETZ TECHNOLOGIES LIMITED

Abbreviated Accounts

31 December 2014

ETZ TECHNOLOGIES LIMITED Registered Number 04102485

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 11,886 7,586
11,886 7,586
Current assets
Debtors 106,288 105,488
Cash at bank and in hand 33,110 39,777
139,398 145,265
Prepayments and accrued income 11,581 32,400
Creditors: amounts falling due within one year (320,578) (140,207)
Net current assets (liabilities) (169,599) 37,458
Total assets less current liabilities (157,713) 45,044
Creditors: amounts falling due after more than one year (129,600) -
Total net assets (liabilities) (287,313) 45,044
Capital and reserves
Called up share capital 3 56,815 56,815
Share premium account 65,337 65,337
Profit and loss account (409,465) (77,108)
Shareholders' funds (287,313) 45,044
  • For the year ending 31 December 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 10 June 2015

And signed on their behalf by:
A Cheesman, Director

ETZ TECHNOLOGIES LIMITED Registered Number 04102485

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT.

The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the United Kingdom.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment - 5 years
Office equipment - 5 years
Plant and machinery - 5 years

Other accounting policies
Going Concern:
We believe that the company's financial statements should be prepared on a going concern basis on the grounds that the current and future sources of funding or support will be more than adequate for the company's needs. This support is required as the company has net liabilities of £287,313. We believe no further disclosures relating to the company's ability to continue as a going concern need to be made in the financial statements. In assessing going concern, we have paid particular attention to a period of not less than one year from the date of approval of the financial statements.

2 Tangible fixed assets
£
Cost
At 1 January 2014 22,536
Additions 9,755
Disposals -
Revaluations -
Transfers -
At 31 December 2014 32,291
Depreciation
At 1 January 2014 14,950
Charge for the year 5,455
On disposals -
At 31 December 2014 20,405
Net book values
At 31 December 2014 11,886
At 31 December 2013 7,586
3 Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
5,681,464 Ordinary shares of £0.01 each 56,815 56,815

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