The No Hands Massage Company Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 04181756 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

The No Hands Massage Company Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTOR:

G A G Pyves

REGISTERED OFFICE:

3 Northumberland Street

Morecambe

Lancashire

LA4 4AU

REGISTERED NUMBER:

04181756 (England and Wales)

ACCOUNTANTS:

Waters & Atkinson

The Old Court House

Clark Street

Morecambe

Lancashire

LA4 5HR

FIXED ASSETS

Intangible assets

4

4,005

3,888

Tangible assets

5

1,550

-

5,555

3,888

CURRENT ASSETS

Stocks

5,030

10,757

Debtors

27,628

64,979

Cash at bank and in hand

74,329

107,323

106,987

183,059

CREDITORS

Amounts falling due within one year

70,033

107,350

NET CURRENT ASSETS

36,954

75,709

TOTAL ASSETS LESS CURRENT LIABILITIES

42,509

79,597

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

42,499

79,587

SHAREHOLDERS' FUNDS

42,509

79,597

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 10 August 2017 and were signed by:

G A G Pyves - Director

1.	STATUTORY INFORMATION

The No Hands Massage Company Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company and rounded to

the nearest £1.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

at varying rates on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

32,579

Additions

1,863

At 31 March 2017

34,442

AMORTISATION

At 1 April 2016

28,691

Amortisation for year

1,746

At 31 March 2017

30,437

NET BOOK VALUE

At 31 March 2017

4,005

At 31 March 2016

3,888

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

32,980

Additions

2,324

At 31 March 2017

35,304

DEPRECIATION

At 1 April 2016

32,980

Charge for year

774

At 31 March 2017

33,754

NET BOOK VALUE

At 31 March 2017

1,550

At 31 March 2016

-

The following reproduces the text of the report prepared for the director and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other

primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2017 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Waters & Atkinson

The Old Court House

Clark Street

Morecambe

Lancashire

LA4 5HR

Date: .............................................