EXPRM Limited - Period Ending 2019-09-30

Registration number: 07370494

EXPRM Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 September 2019

Lanham & Francis
Chartered Accountants
77a Cheap Street
Sherborne
Dorset
DT9 3BA

 

EXPRM Limited

Contents

Company Information	1
Accountants' Report	2
Profit and Loss Account	3
Balance Sheet	4 to 5
Notes to the Unaudited Financial Statements	4

EXPRM Limited

Company Information

Directors

D R Ockleton Mrs N A Ockleton

Registered office

77a Cheap Street Sherborne Dorset DT9 3BA

Accountants

Lanham & Francis Chartered Accountants 77a Cheap Street Sherborne Dorset DT9 3BA

Page 1

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
EXPRM Limited
for the Year Ended 30 September 2019

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of EXPRM Limited for the year ended 30 September 2019 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of EXPRM Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of EXPRM Limited and state those matters that we have agreed to state to the Board of Directors of EXPRM Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EXPRM Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that EXPRM Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of EXPRM Limited. You consider that EXPRM Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of EXPRM Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Lanham & Francis
Chartered Accountants
77a Cheap Street
Sherborne
Dorset
DT9 3BA

27 April 2020

Page 2

EXPRM Limited

Profit and Loss Account for the Year Ended 30 September 2019

	2019 £	2018 £
Turnover	67,659	128,595
Staff costs	(9,445)	(8,292)
Depreciation and other amounts written off assets	(359)	(298)
Other charges	(14,351)	(18,958)
Profit before tax	43,504	101,047
Taxation	(8,072)	(18,450)
Profit for the year	35,432	82,597

Page 3

EXPRM Limited

(Registration number: 07370494)
Balance Sheet as at 30 September 2019

	2019 £	2018 £
Fixed assets	1,338	647
Current assets	44,406	69,518
Prepayments and accrued income	736	618
Creditors: Amounts falling due within one year	(9,502)	(31,171)
Net current assets	35,640	38,965
Total assets less current liabilities	36,978	39,612
Provisions for liabilities	-	(123)
Accruals and deferred income	(1,905)	(2,348)
	35,073	37,141
Capital and reserves	35,073	37,141

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
77a Cheap Street
Sherborne
Dorset
DT9 3BA

These financial statements were authorised for issue by the Board on 16 April 2020.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

These financial statements are prepared in Sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2018 - 2).

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Page 4

EXPRM Limited

(Registration number: 07370494)
Balance Sheet as at 30 September 2019 (continued)

For the financial year ending 30 September 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 16 April 2020 and signed on its behalf by:
 

D R Ockleton
Director

Page 5