On Circuit Limited 31/12/2017 iXBRL
On Circuit Limited 31/12/2017 iXBRL
Company registration number:
10061206
Unaudited filleted financial statements
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Directors and other information
Directors |
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Company number |
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Registered office |
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Business address |
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Accountants |
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161-163 Upper Lisburn Road | ||
Belfast | ||
BT10 0LJ | ||
Statement of financial position
31 December 2017
2017 | 2016 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 4 |
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Current assets | |||||||||
Debtors | 5 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year | 6 |
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Net current liabilities |
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Total assets less current liabilities |
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Net liabilities |
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Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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Shareholders deficit |
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Directors responsibilities:
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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;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
19 February 2019
, and are signed on behalf of the board by:
Director
Company registration number:
10061206
Statement of changes in equity
Year ended 31 December 2017
Called up share capital | Profit and loss account | Total | |||
£ | £ | £ | |||
At 1 April 2016 | - | - | - | ||
Loss for the year |
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Total comprehensive income for the year | - |
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Issue of shares |
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Total investments by and distributions to owners |
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At 31 December 2016 and 1 April 2017 |
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Loss for the year |
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Total comprehensive income for the year | - |
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At 31 December 2017 |
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Notes to the financial statements
Year ended 31 December 2017
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 1A Harecourt Road, Islington, London, N1 2LW.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Motor vehicles | - |
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Impairment
Financial instruments
4.
Tangible assets
Motor vehicles | Total | ||
£ | £ | ||
Cost | |||
At 1 April 2017 |
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Additions | 11,159 | 11,159 | |
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At 31 December 2017 |
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Depreciation | |||
At 1 April 2017 |
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Charge for the year |
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At 31 December 2017 |
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Carrying amount | |||
At 31 December 2017 |
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At 31 December 2016 |
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5.
Debtors
2017 | 2016 | |||
£ | £ | |||
Other debtors |
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6.
Creditors: amounts falling due within one year
2017 | 2016 | |||
£ | £ | |||
Other creditors |
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7.
Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company: | ||||
2017 | ||||
Balance brought forward | Advances /(credits) to the directors | Balance o/standing | ||
£ | £ | £ | ||
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2016 | ||||
Balance brought forward | Advances /(credits) to the directors | Balance o/standing | ||
£ | £ | £ | ||
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