Edapt Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03425419 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2018

for

Edapt Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs C Cherry

C Cherry

SECRETARY:

Mrs C Cherry

REGISTERED OFFICE:

122 Cobham Road

Sunningdale

Berkshire

SL5 0HX

REGISTERED NUMBER:

03425419 (England and Wales)

ACCOUNTANTS:

Pleasant Accounting Ltd

4 Harecroft Lane

Ickenham

Middlesex

UB10 8FD

FIXED ASSETS

Tangible assets

4

13,488

17,140

CURRENT ASSETS

Debtors

5

16,500

8,800

Cash at bank

27,894

18,235

44,394

27,035

CREDITORS

Amounts falling due within one year

6

54,639

43,217

NET CURRENT LIABILITIES

(10,245

)

(16,182

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,243

958

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

3,233

948

SHAREHOLDERS' FUNDS

3,243

958

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

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

The directors acknowledge their 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 Board of Directors on 1 August 2019 and were signed on its behalf by:

C Cherry - Director

1.	STATUTORY INFORMATION

Edapt 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2018

61,138

Additions

1,199

At 31 December 2018

62,337

DEPRECIATION

At 1 January 2018

43,998

Charge for year

4,851

At 31 December 2018

48,849

NET BOOK VALUE

At 31 December 2018

13,488

At 31 December 2017

17,140

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Trade debtors

16,500

-

Other debtors

-

8,800

16,500

8,800

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Taxation and social security

54,570

42,007

Other creditors

69

1,210

54,639

43,217