2018-04-01
07417981
2019-03-31
07417981
2018-04-01
2019-03-31
07417981
2018-03-31
07417981
2017-04-01
2018-03-31
07417981
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2018-03-31
07417981
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2019-03-31
07417981
uk-core:ShareCapital
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07417981
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07417981
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2019-03-31
07417981
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2018-04-01
2019-03-31
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uk-core:ComputerEquipment
2018-04-01
2019-03-31
07417981
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2019-03-31
07417981
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2018-03-31
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uk-bus:FullAccounts
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uk-bus:PrivateLimitedCompanyLtd
2018-04-01
2019-03-31
Registered Number:07417981 |
For the year ended 31 March 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2019
Activation Digital Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Activation Digital Ltd
Statement of Financial Position
2018
2019
Property, plant and equipment |
14,026
12,912
2
14,026
12,912
Trade and other receivables |
408,908
364,358
3
164,686
Cash and cash equivalents |
228,998
593,356
573,594
Trade and other payables: amounts falling due within one year |
(339,535)
(358,234)
4
234,059
235,122
Net current assets
Total assets less current liabilities |
249,148
246,971
(2,665)
-
Provisions for liabilities |
246,483
Net assets
246,971
800
800
245,683
246,171
246,483
246,971
Shareholders' funds
For the year ended 31 March 2019 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 of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Daniel Charles Vincent Hirons Director |
Mr Matthew John Ramsay Director |
These financial statements were approved and authorised for issue by the Board on 11 December 2019 and were signed by: |
The notes form part of these financial statements |
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4
For the year ended 31 March 2019
Activation Digital Ltd
Notes to the Financial Statements
Statutory Information
Activation Digital Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
07417981. |
16 Top Floor
The Architecture Centre, 16 Narrow Quay
Bristol
BS1 4QA
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
Furniture and Fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
2 of 4
5
For the year ended 31 March 2019
Activation Digital Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
25,492
3,912
29,404
Provision for depreciation and impairment |
12,580
Charge for year
2,798
15,378
14,026
12,912
3. Trade and other receivables |
2018
2019
357,860
402,492
6,498
6,416
408,908
364,358
4. Trade and other payables: amounts falling due within one year |
2018
2019
64,225
13,751
Taxation and social security |
112,642
112,393
181,367
213,391
358,234
339,535
5. Related party transactions |
The following amounts are included in Creditors: |
Matthew Ramsey - Balance on Directors Account-£79,166 ( 2018- £127,573) |
Daniel Hirons - Balance on Directors Account-£46,725 ( 2018- £73.715) |
3 of 4
6
For the year ended 31 March 2019
Activation Digital Ltd
Notes to the Financial Statements Continued
6. Guarantees and other financial commitments |
At 31 March 2019 the company had annual commitments under non-cancellable operating leases as set out below: |
2018
2019
Operating leases which expire: |
14,738
14,738
14,738
14,738
29,476
29,476
7. Average number of persons employed |
During the year the average number of employees was 12 (2018 : 11)
4 of 4