PILLAR INFORMATION & DESIGN LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03197747 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2018

for

PILLAR INFORMATION & DESIGN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms J E Martin

REGISTERED OFFICE:

17 Princess Drive

Alton

Hampshire

GU34 1QS

REGISTERED NUMBER:

03197747 (England and Wales)

ACCOUNTANTS:

B20 Limited

Chartered Certified Accountants

Charwell House

Wilsom Road

Alton

Hampshire

GU34 2PP

FIXED ASSETS

Intangible assets

3

-

-

Tangible assets

4

2,285

291

2,285

291

CURRENT ASSETS

Cash at bank

221

38

CREDITORS

Amounts falling due within one year

5

(22,619

)

(18,138

)

NET CURRENT LIABILITIES

(22,398

)

(18,100

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(20,113

)

(17,809

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(20,213

)

(17,909

)

SHAREHOLDERS' FUNDS

(20,113

)

(17,809

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 26 February 2019 and were signed by:

Ms J E Martin - Director

1.	STATUTORY INFORMATION

PILLAR INFORMATION & DESIGN LIMITED is a private company, limited by shares , registered in England

and Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Goodwill

Acquired goodwill was written off over its estimated useful economic life.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2017

and 31 May 2018

6,000

AMORTISATION

At 1 June 2017

and 31 May 2018

6,000

NET BOOK VALUE

At 31 May 2018

-

At 31 May 2017

-

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 June 2017

9,658

Additions

3,047

Disposals

(9,658

)

At 31 May 2018

3,047

DEPRECIATION

At 1 June 2017

9,367

Charge for year

762

Eliminated on disposal

(9,367

)

At 31 May 2018

762

NET BOOK VALUE

At 31 May 2018

2,285

At 31 May 2017

291

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.18

31.5.17

£

£

Trade creditors

2,028

2,272

Other creditors

20,591

15,866

22,619

18,138

6.	ULTIMATE CONTROLLING PARTY

The controlling party is Ms J E Martin.

The ultimate controlling party is Ms J E Martin.