Accomplish Solutions Limited
Accomplish Solutions Limited
Registered number: 04645485
Unaudited Financial Statements
For The Year Ended 31 January 2017
Help You Accountancy Ltd
Chartered Accountants
15 Heatherdene Avenue
Crowthorne
RG45 6AA
Accomplish Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 January 2017
Unaudited Financial Statements
| Contents | |
| Page | |
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| Balance Sheet | 1 |
| Statement of Changes in Equity | 3 |
| Notes to the Financial Statements | 4—5 |
Accomplish Solutions Limited
Balance Sheet
As at
31 January 2017
Balance Sheet
Registered number:
04645485
For the year ending 31 January 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2017 | 2016 | ||||
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| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Debtors | 5 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 6 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 7 |
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| Profit and loss account |
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| SHAREHOLDERS' FUNDS | 13 | 220 | |||
Directors' responsibilities:
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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. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
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Page 1
Accomplish Solutions Limited
Balance Sheet (continued)
As at
31 January 2017
The notes on pages 4 to 5 form part of these financial statements.
Page 2
Accomplish Solutions Limited
Statement of Changes in Equity
For The Year Ended 31 January 2017
Statement of Changes in Equity
| Share Capital | Profit & Loss Account | Total | |
|---|---|---|---|
| £ | £ | £ | |
| As at 1 February 2015 |
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133 |
| Profit for the year and total comprehensive income | - |
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3,087 |
| Dividends paid | - | (3,000) | (3,000) |
| As at 31 January 2016 and 1 February 2016 |
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220 |
| Profit for the year and total comprehensive income | - |
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8,243 |
| Dividends paid | - | (8,450) | (8,450) |
| As at |
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13 |
Page 3
Accomplish Solutions Limited
Notes to the Unaudited Accounts
For The Year Ended 31 January 2017
Notes to the Unaudited Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective Janaury 2015).
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3.
Deferred Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
1.4.
Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
3.
Staff Costs
On average there were 2 employees in both the current and prior year, both of whom were also Directors.
Staff costs, including directors' remuneration, were as follows:
| 2017 | 2016 | ||
|---|---|---|---|
| £ | £ | ||
| Wages and salaries |
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| Other pension costs |
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5.
Debtors
| 2017 | 2016 | ||
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| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Prepayments and accrued income |
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| Deferred tax current asset |
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| Directors' loan accounts | 737 | - | |
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The deferred tax asset is made up of tax losses available at the year end, which are now expected to be utilised within a year.
Page 4
Accomplish Solutions Limited
Notes to the Unaudited Accounts (continued)
For The Year Ended 31 January 2017
6.
Creditors: Amounts Falling Due Within One Year
| 2017 | 2016 | ||
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| £ | £ | ||
| Corporation tax |
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| Other taxes and social security |
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| Directors' loan accounts |
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8.
Transactions With and Loans to Directors
Included within Debtors (+) and Creditors (-) are the following loans to directors:
| As at |
Amounts advanced | Amounts repaid | As at |
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| £ | £ | £ | £ | |
| Mr Stephen Lucas |
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| Mrs Dorothy Lucas |
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The above loan is unsecured, interest free and repayable on demand.
At the current and prior year ends and for most of the year, the Company owed the Directors money, except that Dorothy Lucas owed the company £737 at the year end, which was repaid in full within 9 months of the year end.
From May 2015 the Directors jointly rented office facilities within their main residence to the company, under a rental agreement, for £40 per month inclusive of utilities, totalling £480 (2015 £360).
9.
Dividends
| 2017 | 2016 | ||
|---|---|---|---|
| £ | £ | ||
| On equity shares: | |||
| Final dividend paid |
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| 8,450 | 3,000 | ||
Dividends totalling £8450 were paid during the year to 31/1/17, split equally between the 2 Director shareholders.
10.
Ultimate Controlling Party
The company's ultimate controlling parties are the Directors by virtue of their joint ownership of 100% of the issued share capital in the company.
11.
General Information
Accomplish Solutions Limited Registered number 04645485 is a limited by shares company incorporated in England & Wales. The Registered Office is 15 Heatherdene Avenue, Crowthorne, RH45 6AA.
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