Neuro Web Marketing Ltd - Accounts to registrar - small 17.2

Neuro Web Marketing Ltd - Accounts to registrar - small 17.2

NEURO WEB MARKETING LTD - Company Information

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REGISTERED NUMBER: 08300358 (England and Wales)















Financial Statements for the Year Ended 31 December 2016

for

Neuro Web Marketing Ltd

Neuro Web Marketing Ltd (Registered number: 08300358)






Contents of the Financial Statements
for the Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Neuro Web Marketing Ltd

Company Information
for the Year Ended 31 December 2016







DIRECTOR: T D Gray





REGISTERED OFFICE: 23 High Street
Bagshot
Surrey
GU19 5AF





REGISTERED NUMBER: 08300358 (England and Wales)





ACCOUNTANTS: Martin & Co Accountants Ltd
23 High Street
Bagshot
Surrey
GU19 5AF
Page 1
Neuro Web Marketing Ltd (Registered number: 08300358)

Balance Sheet
31 December 2016

31.12.16 31.12.15
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 20,000 40,000
Tangible assets 5 4,119 5,342
24,119 45,342

CURRENT ASSETS
Debtors 6 84,573 69,217
Cash at bank and in hand 32,872 19,090
117,445 88,307
CREDITORS
Amounts falling due within one year 7 108,935 105,325
NET CURRENT ASSETS/(LIABILITIES) 8,510 (17,018 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
32,629
28,324

PROVISIONS FOR LIABILITIES - 1,068
NET ASSETS 32,629 27,256

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 32,628 27,255
SHAREHOLDERS' FUNDS 32,629 27,256

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 notes form part of these financial statements

Page 2 continued...
Neuro Web Marketing Ltd (Registered number: 08300358)

Balance Sheet - continued
31 December 2016


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.

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 11 August 2017 and were signed by:





T D Gray - Director


The notes form part of these financial statements

Page 3
Neuro Web Marketing Ltd (Registered number: 08300358)

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

1. STATUTORY INFORMATION

Neuro Web Marketing Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

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.

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 - 25% on reducing balance

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 6 .

Page 4 continued...
Neuro Web Marketing Ltd (Registered number: 08300358)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2016
and 31 December 2016 100,000
AMORTISATION
At 1 January 2016 60,000
Charge for year 20,000
At 31 December 2016 80,000
NET BOOK VALUE
At 31 December 2016 20,000
At 31 December 2015 40,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2016 8,000
Additions 1,291
Disposals (919 )
At 31 December 2016 8,372
DEPRECIATION
At 1 January 2016 2,658
Charge for year 1,854
Eliminated on disposal (259 )
At 31 December 2016 4,253
NET BOOK VALUE
At 31 December 2016 4,119
At 31 December 2015 5,342

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade debtors 82,053 59,570
Other debtors - 7,127
Prepayments 2,520 2,520
84,573 69,217

Page 5 continued...
Neuro Web Marketing Ltd (Registered number: 08300358)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade creditors 4,914 1,858
Tax 18,678 25,518
Social security and other taxes 4,924 1,962
VAT 16,392 13,198
Pension creditor 203 -
Directors' current accounts 47,384 52,667
Accrued expenses 16,440 10,122
108,935 105,325

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is T D Gray.

Dividends are paid to the Director by virtue of his shareholding in the company.

Page 6