Company Registration Number 06025583 (England and Wales)
AUCTION HOUSE UK LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016
PAGES FOR FILING WITH REGISTRAR
AUCTION HOUSE UK LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2016
31 December 2016
- 1 -
2016
2015
£
£
£
£
Fixed assets
18,603
6,203
Current assets
729,879
437,821
Prepayments and accrued income
4,669
4,443
Creditors: amounts falling due within one year
(328,198)
(150,852)
Net current assets
406,350
291,412
Total assets less current liabilities
424,953
297,615
Accruals and deferred income
(3,699)
(2,202)
Net assets
421,254
295,413
Capital and reserves
421,254
295,413
AUCTION HOUSE UK LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2016
31 December 2016
- 2 -
Other financial commitments
The company had outstanding commitments for future minimum lease payments under non-cancellable operating leases as at the balance sheet date as follows :
Land & Buildings - later than one year but not later than 5 years - £33,733 (2015 : £42,533)
Auction House UK Limited is a private company limited by shares incorporated in England and Wales. The registered office is 17 Neptune Quay, Ipswich, Suffolk, IP4 1QJ.
For the year ended 31 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
T he directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
he directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved by the board of directors and authorised for issue on 4 May 2017 and are signed on its behalf by:
Mr J M Scowsill
Mr J S Howard
Director
Director
Company Registration Number 06025583