Contents | |
Page | |
---|---|
Company Information | 1 |
Director's Report | 2 |
Auditor's Report | 3—4 |
Profit and Loss Account | 5 |
Balance Sheet | 6—7 |
Statement of Changes in Equity | 8 |
Notes to the Financial Statements | 9—14 |
Director |
|
Company Number |
|
Registered Office | 150 Minories |
London | |
EC3N 1LS | |
Accountants | Tony R Pomfret & Associates |
37a High Street | |
Hoddesdon | |
Herts | |
EN11 8TA | |
Auditors |
|
Chartered Accountants and Statutory Auditor | |
Amwell House, 19 Amwell Street | |
Hoddesdon | |
Herts | |
EN11 8TS | |
|
APPOINTED |
|
|
|
|
|
Chartered Accountants and Statutory Auditor
Amwell House, 19 Amwell Street
Hoddesdon
Herts
EN11 8TS
|
2016 | ||
---|---|---|
Notes | £ | |
TURNOVER |
|
|
Cost of sales |
( |
|
GROSS PROFIT |
|
|
Administrative expenses |
( |
|
OPERATING PROFIT AND PROFIT BEFORE TAXATION |
|
|
Tax on profit | 5 |
( |
PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR |
|
|
2016 | |||
---|---|---|---|
Notes | £ | £ | |
FIXED ASSETS | |||
Tangible Assets | 6 |
|
|
|
|||
CURRENT ASSETS | |||
Debtors | 7 |
|
|
Cash at bank and in hand |
|
||
|
|||
Creditors: Amounts Falling Due Within One Year | 8 |
( |
|
NET CURRENT ASSETS (LIABILITIES) |
|
||
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
||
PROVISIONS FOR LIABILITIES | |||
Deferred Taxation | 9 |
( |
|
NET ASSETS |
|
||
CAPITAL AND RESERVES | |||
Called up share capital | 10 |
|
|
Profit and loss account |
|
||
SHAREHOLDERS' FUNDS | 110,181 | ||
|
|
Share Capital | Profit & Loss Account | Total | |
---|---|---|---|
£ | £ | £ | |
As at |
|
|
200 |
Profit for the year and total comprehensive income | - |
|
109,981 |
As at |
|
|
110,181 |
Computer Equipment |
|
2016 | |
---|---|
£ | |
Director's remuneration |
|
Audit fees |
|
Depreciation of tangible fixed assets |
|
2016 | |
---|---|
£ | |
Wages and salaries |
|
Social security costs |
|
Other pension costs |
|
|
|
2016 | |
---|---|
Office and administration |
|
Sales, marketing and distribution |
|
|
|
Tax Rate | 2016 | ||
---|---|---|---|
2016 | £ | ||
UK Corporation Tax | 20% |
|
|
Total Current Tax Charge |
|
||
Deferred Taxation |
|
||
|
|||
2016 | |||
£ | |||
Profit on ordinary activities before tax | 139,338 | ||
Breakdown of Tax Charge is: | |||
Tax on profit at 20% (UK standard rate) |
|
||
Goodwill/depreciation not allowed for tax |
|
||
Expenses not deductible for tax purposes |
|
||
minus the following: | |||
Capital allowances in excess of depreciation |
|
||
Short term timing differences |
( |
||
Current tax charge for the period | 29,357 | ||
Computer Equipment | |
---|---|
£ | |
Cost | |
As at |
|
As at |
|
Depreciation | |
As at |
|
Provided during the period |
|
As at |
|
Net Book Value | |
As at |
|
As at |
|
2016 | |
---|---|
£ | |
Due within one year | |
Trade debtors |
|
Prepayments and accrued income |
|
Other debtors |
|
Amounts owed by group undertakings |
|
|
|
2016 | |
---|---|
£ | |
Trade creditors |
|
Corporation tax |
|
Other taxes and social security |
|
VAT |
|
Accruals and deferred income |
|
Director's loan account |
|
|
|
2016 | |
---|---|
£ | |
Deferred taxation |
|
Deferred tax |
|
Director's Loan Account
At balance sheet date, the company owed £367 to Mr M Glover who is a director of the company.
Randall & Quilter Investment Holdings Ltd (R & Q)
During the year the company made sales of £21,042 to various other companies within the R & Q group. As at 31/12/16, the company was still owed £3,600. During the year the company made sales of £167,624 and £168,802 in purchases with R & Q Insurance Service Ltd, who is a member of the R & Q group. The company is subsidiary of R & Q Market Services Ltd, which is also a member of the R & Q group.
Callidus Group Ltd
During the year the company had purchases of £168,802 from Callidus Group Ltd, which owns 49% of the shares of the company. At the balance sheet date, the company was owed £2,888 by Callidus Group Ltd. Mr M Glover, who is the director of the company, was also a director and 100% shareholder of Callidus Group Ltd.