Compass Digital Ltd - Period Ending 2016-07-31

Compass Digital Ltd - Period Ending 2016-07-31


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Registration number: 5212436

Compass Digital Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 July 2016
 

A-spire Business Partners Ltd
Chartered Accountants
32 Byron Hill Road
Harrow on the Hill
Middlesex
HA2 0HY

 

Compass Digital Ltd
Contents

Directors' Report

1

Accountants' Report

2

Balance Sheet and Notes to the Financial Statements

3

 

Compass Digital Ltd
Directors' Report for the Year Ended 31 July 2016

The directors present their report and the unaudited financial statements for the year ended 31 July 2016.

Directors of the company

The director who held office during the year was as follows:

R W Adcock

The following director was appointed after the year end:

Mrs S J Adcock (appointed 3 November 2016)

Small company provisions

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved by the Board on 24 April 2017 and signed on its behalf by:

.........................................
R W Adcock
Director

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Compass Digital Ltd
for the Year Ended 31 July 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Compass Digital Ltd for the year ended 31 July 2016 set out on pages 3 to 4 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 Compass Digital Ltd, as a body, in accordance with the terms of our engagement letter dated 19 June 2007. Our work has been undertaken solely to prepare for your approval the accounts of Compass Digital Ltd and state those matters that we have agreed to state to them, 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 Compass Digital Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Compass Digital Ltd 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 Compass Digital Ltd. You consider that Compass Digital Ltd 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 Compass Digital Ltd. 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.

......................................

A-spire Business Partners Ltd
Chartered Accountants
32 Byron Hill Road
Harrow on the Hill
Middlesex
HA2 0HY

26 April 2017

 

Compass Digital Ltd
(Registration number: 5212436)
Balance Sheet at 31 July 2016

   

2016
£

   

2015
£

 

Fixed assets

 

2,710

   

2,262

 

Current assets

 

5,979

   

7,618

 

Creditors: Amounts falling due within one year

 

(6,365)

   

(7,728)

 

Net current liabilities

 

(386)

   

(110)

 

Total assets less current liabilities

 

2,324

   

2,152

 

Provisions for liabilities

 

(542)

   

(452)

 

Accruals and deferred income

 

(1,376)

   

(1,556)

 

Net assets

 

406

   

144

 

Capital and reserves

 

406

   

144

 

Notes to the Financial Statements

1

Directors'' advances, credits and guarantees

Director''s advances and credits

 

2016
Advance/ Credit
£

2016
Repaid
£

2015
Advance/ Credit
£

2015
Repaid
£

R W Adcock

Amounts due to the company

(2,623)

-

5,615

-

         
         
 

These accounts have been prepared in accordance with the micro-entity provisions and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 31 July 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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 for issue by the Board on 24 April 2017 and signed on its behalf by:

.........................................
R W Adcock
Director