ERGOFY LIMITED - Accounts

ERGOFY LIMITED
Contents Page
For the year ended 31 August 2020

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

ERGOFY LIMITED Accountants' Report For the year ended 31 August 2020
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 August 2020 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Brumijan Ltd t/a all about accounting 31 August 2020 .................................................... Brumijan Ltd t/a all about accounting West Gate Lodge Cams Hall Estate Fareham PO16 8UP 04 May 2021 1

ERGOFY LIMITED
Accountants' Report
For the year ended 31 August 2020

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 August 2020 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Brumijan Ltd t/a all about accounting
31 August 2020

....................................................
Brumijan Ltd t/a all about accounting
West Gate Lodge
Cams Hall Estate
Fareham
PO16 8UP
04 May 2021

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Registered Number: 10307064 ERGOFY LIMITED
Statement of Financial Position
As at 31 August 2020

	Notes	2020 £	2019 £
Fixed assets
Tangible fixed assets	2	4,196	4,328
		4,196	4,328
Current assets
Debtors		21,125	33,778
Cash at bank and in hand		57,815	21,470
		78,940	55,248
Creditors: amount falling due within one year		(31,586)	(25,772)
Net current assets		47,354	29,476

Total assets less current liabilities		51,550	33,804
Creditors: amount falling due after more than one year		(27,500)	0
Net assets		24,050	33,804

Capital and reserves
Called up share capital	3	1	1
Profit and loss account		24,049	33,803
Shareholders funds		24,050	33,804

For the year ended 31 August 2020 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 04 May 2021 and were signed by:

--------------------------------
Nicholas Michael Yatracos
Director

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ERGOFY LIMITED
Notes to the Abridged Financial Statements
For the year ended 31 August 2020

General Information

ERGOFY LIMITED is a private company, limited by shares,registered in ,registration number 10307064,registration address 86-90 Paul Street, London, EC2A 4NE

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	25 Reducing Balance
Computer Equipment	25 Reducing Balance

2.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 September 2019	4,212	450	4,662
Additions	659	607	1,266
Disposals	-	-	-
At 31 August 2020	4,871	1,057	5,928
Depreciation
At 01 September 2019	234	100	334
Charge for year	1,159	239	1,398
On disposals	-	-	-
At 31 August 2020	1,393	339	1,732
Net book values
Closing balance as at 31 August 2020	3,478	718	4,196
Opening balance as at 01 September 2019	3,978	350	4,328

3.

Share Capital

Allotted, called up and fully paid	2020 £		2019 £
1 Class A share of £1.00 each	1		1
	1		1

4.	Average number of employees Average number of employees during the year was 0 (2019 : 0).

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