Engauged Limited - Period Ending 2016-12-31

Registration number: 07869240

Engauged Limited

Unaudited Financial Statements

for the Year Ended 31 December 2016

Alextra Group Ltd
Chartered Certified Accountants
7-9 Macon Court
Crewe
Cheshire
CW1 6EA

Engauged Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Financial Statements	4 to 6

Engauged Limited

Company Information

Directors

Mr Stephen Whitmore Mr Stephen David McCormick

Registered office

7-9 Macon Court Crewe Cheshire CW1 6EA

Accountants

Alextra Group Ltd Chartered Certified Accountants 7-9 Macon Court Crewe Cheshire CW1 6EA

Page 1

Engauged Limited

(Registration number: 07869240)
Balance Sheet as at 31 December 2016

	Note	2016 £	2015 £
Fixed assets
Tangible assets	4	1,889	971
Current assets
Debtors	5	38,652	15,270
Cash at bank and in hand		27,194	27,411
		65,846	42,681
Creditors: Amounts falling due within one year	6	(64,833)	(43,342)
Net current assets/(liabilities)		1,013	(661)
Total assets less current liabilities		2,902	310
Provisions for liabilities		(378)	(144)
Net assets		2,524	166
Capital and reserves
Called up share capital		100	100
Profit and loss account		2,424	66
Total equity		2,524	166

For the financial year ending 31 December 2016 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.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account and directors report has been taken.

The notes on pages 4 to 6 form an integral part of these financial statements.

Page 2

Engauged Limited

(Registration number: 07869240)
Balance Sheet as at 31 December 2016

Approved and authorised by the Board on 30 June 2017 and signed on its behalf by:
 

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

Mr Stephen Whitmore

Director

The notes on pages 4 to 6 form an integral part of these financial statements.

Page 3

Engauged Limited

Notes to the Financial Statements for the Year Ended 31 December 2016

1	General information

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

The principal place of business is:
11 Macon Court
Crewe
Cheshire
CW1 6EA

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	33% Straight line

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2015 - 2).

Page 4

Engauged Limited

Notes to the Financial Statements for the Year Ended 31 December 2016

4	Tangible assets

	Computer equipment  £	Total £
Cost or valuation
At 1 January 2016	1,456	1,456
Additions	2,105	2,105
At 31 December 2016	3,561	3,561
Depreciation
At 1 January 2016	485	485
Charge for the year	1,187	1,187
At 31 December 2016	1,672	1,672
Carrying amount
At 31 December 2016	1,889	1,889
At 31 December 2015	971	971

5

Debtors

	2016 £	2015 £
Trade debtors	29,713	9,690
Other debtors	3,615	-
Prepayments	5,324	5,580
Total current trade and other debtors	38,652	15,270

Page 5

Engauged Limited

Notes to the Financial Statements for the Year Ended 31 December 2016

6

Creditors

	Note	2016  £	2015  £
Due within one year
Other borrowings		14,016	14,867
Trade creditors		10,934	301
Social security and other taxes		11,620	8,589
Other creditors		311	-
Accrued expenses		4,943	525
Corporation tax		23,009	19,060
		64,833	43,342

Page 6