Arranmore Imaging Ltd - Filleted accounts

ARRANMORE IMAGING LTD - Company Information

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Registered number

09843752

Arranmore Imaging Ltd

Filleted Accounts

31 October 2016

Gatley Read

Chartered Accountants

18/19 Salmon Fields Business Village

Royton

Oldham

OL2 6HT

Arranmore Imaging Ltd
Registered number:		09843752
Balance Sheet
as at 31 October 2016

Notes			2016
£
Fixed assets
Tangible assets	2		1,064

Current assets
Cash at bank and in hand		7,257

Creditors: amounts falling due within one year	3	(2,720)

Net current assets			4,537

Net assets			5,601

Capital and reserves
Called up share capital			100
Profit and loss account			5,501

Shareholder's funds			5,601

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




G Potter
Director
Approved by the board on 14 July 2017

Arranmore Imaging Ltd
Notes to the Accounts
for the year ended 31 October 2016


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Computer equipment	over 5 years



	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.


2	Tangible fixed assets
				Computer equipment
£
	Cost
	Additions			1,333
	At 31 October 2016			1,333

	Depreciation
	Charge for the year			269
	At 31 October 2016			269

	Net book value
	At 31 October 2016			1,064


3	Creditors: amounts falling due within one year		2016
£

	Corporation tax		2,359
	Other creditors		361
			2,720


4	Other information

	Arranmore Imaging Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Princ of Wales House
	18/19 Salmon Fields
	Business Village
	Royton
	Oldham OL2 6HT