Company Registration No. 06451611 (England and Wales)
Green Hat Graphic Design Consultants Limited
Unaudited accounts
for the year ended 31 March 2018
Green Hat Graphic Design Consultants Limited
Unaudited accounts
Contents
Green Hat Graphic Design Consultants Limited
Company Information
for the year ended 31 March 2018
Directors
Natalie Miles
Andrew Degg
Company Number
06451611 (England and Wales)
Registered Office
7 OLVESTON ROAD
HORFIELD
BRISTOL
BS7 9PB
Accountants
SBMC Business Management Limited
432 Gloucester Rd
Bristol
BS7 8TX
Green Hat Graphic Design Consultants Limited
Statement of financial position
as at
31 March 2018
Tangible assets
3,724
5,780
Cash at bank and in hand
48,176
32,739
Creditors: amounts falling due within one year
(35,269)
(33,852)
Net current assets
41,742
30,452
Called up share capital
2
2
Profit and loss account
45,464
36,230
Shareholders' funds
45,466
36,232
For the year ending 31 March 2018 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 6 September 2018.
Natalie Miles
Director
Company Registration No. 06451611
Green Hat Graphic Design Consultants Limited
Notes to the Accounts
for the year ended 31 March 2018
Green Hat Graphic Design Consultants Limited is a private company, limited by shares, registered in England and Wales, registration number 06451611. The registered office is 7 OLVESTON ROAD, HORFIELD, BRISTOL, BS7 9PB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost
Computer equipment
25% on cost
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2017
10,200
13,215
23,415
At 31 March 2018
11,582
13,215
24,797
At 1 April 2017
5,539
12,096
17,635
Charge for the year
2,319
1,119
3,438
At 31 March 2018
7,858
13,215
21,073
At 31 March 2018
3,724
-
3,724
At 31 March 2017
4,661
1,119
5,780
Green Hat Graphic Design Consultants Limited
Notes to the Accounts
for the year ended 31 March 2018
Trade debtors
28,835
30,745
6
Creditors: amounts falling due within one year
2018
2017
Trade creditors
16,893
10,630
Taxes and social security
15,794
15,090
Loans from directors
1,382
7,382
7
Share capital
2018
2017
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 4 (2017: 4).