Activate Global Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08927790 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2019

for

Activate Global Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M G Crowfoot

REGISTERED OFFICE:

6th Floor

Elm House

10-16 Elm Street

London

WC1X 0BJ

REGISTERED NUMBER:

08927790 (England and Wales)

ACCOUNTANTS:

Gorrie Whitson Limited

1st Floor, Cromwell House

14 Fulwood Place

London

WC1V 6HZ

FIXED ASSETS

Tangible assets

4

740

1,487

CURRENT ASSETS

Debtors

5

106,757

147,713

Cash at bank

99,212

34,102

205,969

181,815

CREDITORS

Amounts falling due within one year

6

72,852

66,175

NET CURRENT ASSETS

133,117

115,640

TOTAL ASSETS LESS CURRENT LIABILITIES

133,857

117,127

PROVISIONS FOR LIABILITIES

141

-

NET ASSETS

133,716

117,127

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

133,715

117,126

133,716

117,127

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

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 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 applicable to companies subject to the small companies regime.

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 19 December 2019 and were signed by:

M G Crowfoot - Director

1.	STATUTORY INFORMATION

Activate Global Ltd 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.

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2018

and 31 March 2019

2,993

DEPRECIATION

At 1 April 2018

1,506

Charge for year

747

At 31 March 2019

2,253

NET BOOK VALUE

At 31 March 2019

740

At 31 March 2018

1,487

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade debtors

38,450

79,681

Other debtors

68,307

68,032

106,757

147,713

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade creditors

21,476

22,926

Taxation and social security

22,755

38,872

Other creditors

28,621

4,377

72,852

66,175