Company Registration No. 09067395 (England and Wales)
Compliance Angels Ltd
Unaudited accounts
for the year ended 30 June 2018
Compliance Angels Ltd
Unaudited accounts
Contents
Compliance Angels Ltd
Company Information
for the year ended 30 June 2018
Directors
Mrs C A Beadle
Mr C D Beadle
Company Number
09067395 (England and Wales)
Registered Office
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
Accountants
Anthistle Craven
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
Compliance Angels Ltd
Statement of financial position
as at
30 June 2018
Tangible assets
1,380
205
Cash at bank and in hand
60,281
81,638
Creditors: amounts falling due within one year
(55,084)
(40,804)
Net current assets
74,018
57,066
Total assets less current liabilities
75,398
57,271
Provisions for liabilities
Called up share capital
100
1
Profit and loss account
75,115
57,270
Shareholders' funds
75,215
57,271
For the year ending 30 June 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 29 October 2018.
Mrs C A Beadle
Director
Company Registration No. 09067395
Compliance Angels Ltd
Notes to the Accounts
for the year ended 30 June 2018
Compliance Angels Ltd is a private company, limited by shares, registered in England and Wales, registration number 09067395. The registered office is Moreton House , 31 High Street , Buckingham , Bucks , MK18 1NU. The principal place of business is 99A Aylesbury Road, Bierton, AYLESBURY, Buckinghamshire, HP22 5BT.
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:
Fixtures & fittings
20% Straight line
Computer equipment
25% Straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Compliance Angels Ltd
Notes to the Accounts
for the year ended 30 June 2018
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
163
1,667
1,830
At 30 June 2018
163
2,487
2,650
Charge for the year
33
622
655
At 30 June 2018
33
1,237
1,270
At 30 June 2018
130
1,250
1,380
At 30 June 2017
-
205
205
Trade debtors
68,821
16,232
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
33,124
29,086
Other creditors
9,804
11,243
Loans from directors
600
475
7
Average number of employees
During the year the average number of employees was 1 (2017: 1).