1200 PLUS LIMITED - Limited company accounts 11.6

REGISTERED NUMBER: 08465835 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2016

for

1200 PLUS LIMITED

Page

Company Information

1

Report of the Directors

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

Mr Keith Anthony Lyons

Ms Felicity Lyons

SECRETARY:

REGISTERED OFFICE:

2 Velde Way

East Dulwich Grove

London

SE22 8TP

REGISTERED NUMBER:

08465835 (England and Wales)

ACCOUNTANTS:

Margaret Murray

2 Velde Way

East Dulwich Grove

London

SE22 8TP

The directors present their report with the financial statements of the company for the year ended 31 March 2016.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2015 to the date of this report.

Mr Keith Anthony Lyons

Ms Felicity Lyons

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

Ms Felicity Lyons - Director

20 November 2016

TURNOVER

36,829

20,356

Cost of sales

6,940

647

GROSS PROFIT

29,889

19,709

Administrative expenses

18,339

17,885

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION

2

11,550

1,824

Tax on profit on ordinary activities

3

2,178

-

PROFIT FOR THE FINANCIAL YEAR

9,372

1,824

CURRENT ASSETS

Debtors

5

1,409

-

Cash at bank

1,882

1,474

3,291

1,474

CREDITORS

Amounts falling due within one year

6

3,279

2,134

NET CURRENT ASSETS/(LIABILITIES)

12

(660

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

12

(660

)

CAPITAL AND RESERVES

Called up share capital

7

2

Profit and loss account

8

10

(662

)

SHAREHOLDERS' FUNDS

12

(660

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 20 November 2016 and were signed on its behalf
by:

Ms Felicity Lyons - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Deferred tax

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

sheet date.

2.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.16

31.3.15

£

Directors' remuneration and other benefits etc

8,000

5,700

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the year was as follows:

31.3.16

31.3.15

£

Current tax:

UK corporation tax

2,178

-

Tax on profit on ordinary activities

2,178

-

4.

DIVIDENDS

31.3.16

31.3.15

£

Ordinary shares of 1 each

Final

8,700

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.16

31.3.15

£

Other debtors

1,409

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.16

31.3.15

£

Trade creditors

1

-

Taxation and social security

2,178

-

Other creditors

1,100

2,134

3,279

2,134

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2

Ordinary

1

2

8.

RESERVES

Profit

and loss

account

£

At 1 April 2015

(662

)

Profit for the year

9,372

Dividends

(8,700

)

At 31 March 2016

10

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to Felicity Lyons a director subsisted during the years ended 31 March 2016

and 31 March 2015:

31.3.16

31.3.15

£

Ms Felicity Lyons

Balance outstanding at start of year

-

Amounts advanced

1,408

-

Amounts repaid

-

Balance outstanding at end of year

1,408

-