Erply Limited
|
Registered number: |
07043823
|
Abbreviated Balance Sheet |
as at 31 October 2014
|
|
|
|
|
|
|
|
|
Notes |
|
|
2014 |
|
|
2013 |
£ |
£ |
Fixed assets |
Investments |
2 |
|
|
3,028 |
|
|
3,028 |
|
Current assets |
Debtors |
|
|
2,561,482 |
|
|
2,198,810 |
Cash at bank and in hand |
|
|
179,411 |
|
|
440,194 |
|
|
|
2,740,893 |
|
|
2,639,004 |
|
Creditors: amounts falling due within one year |
|
|
(92,543) |
|
|
(1,440) |
|
Net current assets |
|
|
|
2,648,350 |
|
|
2,637,564 |
|
Net assets |
|
|
|
2,651,378 |
|
|
2,640,592 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
2,115 |
|
|
2,115 |
Share premium |
|
|
|
2,754,992 |
|
|
2,764,992 |
Profit and loss account |
|
|
|
(105,729) |
|
|
(126,515) |
|
Shareholders' funds |
|
|
|
2,651,378 |
|
|
2,640,592 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
Kristjan Hiimaa |
Director |
Approved by the board on 31 July 2015
|
|
Erply Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 October 2014
|
|
|
|
|
|
|
|
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
|
|
|
Group accounts |
|
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts |
|
|
Turnover |
|
The company did not generate any income from trading activities during the period.
|
|
|
Investments |
|
Investments are carried at historical cost and are reviewed by the directors on an annual basis for impairment. Any reduction in value is charged to the profit and loss account in the period it arises. |
|
|
Tangible fixed assets |
|
There were no tangible fixed assets for the period under review. |
|
|
Foreign currencies |
|
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. |
|
|
2 |
Investments |
£ |
|
|
Cost |
|
At 1 November 2013 |
3,028 |
|
|
At 31 October 2014 |
3,028 |
|
|
|
|
|
|
|
|
The company holds 20% or more of the share capital of the following companies: |
|
Capital and |
Profit (loss) |
|
Company |
Shares held |
reserves |
for the year |
|
|
Class |
% |
£ |
£ |
|
Majandustarkvara OU |
Ordinary |
100 |
|
123,670 |
|
(64,700) |
|
Point Of Sale Inc. |
Ordinary |
100 |
|
(206,094) |
|
66,405 |
|
3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£0.0001 each |
|
11,250,000 |
|
1,125 |
|
1,125 |
|
Series A Preference shares
|
£0.0001 each |
|
6,391,817 |
|
639 |
|
639 |
|
|
|
|
|
|
1,764 |
|
1,764 |
|
Series B Preference shares
|
£0.0001 each |
|
3,512,825 |
|
351 |
|
351 |
|
|
|
|
|
|
2,115 |
|
2,115 |
|
|
|
|
|
|
|
|
|