Singular It Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 03849124 (England and Wales)

SINGULAR IT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2017

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

4

DIRECTOR:

Mr G Corrigan

REGISTERED OFFICE:

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

REGISTERED NUMBER:

03849124 (England and Wales)

ACCOUNTANTS:

JSA Services Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

CURRENT ASSETS

Debtors

4

-

1,697

Cash at bank

16,770

22,467

16,770

24,164

CREDITORS

Amounts falling due within one year

5

(7,253

)

(14,206

)

NET CURRENT ASSETS

9,517

9,958

TOTAL ASSETS LESS CURRENT LIABILITIES

9,517

9,958

CAPITAL AND RESERVES

Called up share capital

6

10

10

Retained earnings

7

9,507

9,948

SHAREHOLDERS' FUNDS

9,517

9,958

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.

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 5 September 2017 and were signed by:

Mr G Corrigan - Director

1.	STATUTORY INFORMATION

Singular It 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 realization basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

-

1,697

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Corporation tax

(110

)

747

PAYE/NI control

2,922

5,355

VAT

1,805

1,912

Directors' current accounts

2,276

5,222

Accruals and deferred income

360

970

7,253

14,206

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

10

Ordinary

£1

10

10

7.

RESERVES

Retained

earnings

£

At 1 April 2016

9,948

Deficit for the year

(441

)

At 31 March 2017

9,507

8.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from

those of the company in an independently administered fund. The pension cost charge 20,664.44represents

contributions payable by the company to the fund and amounted to £19,357.52 (2016 - £20,664.44).

9.	RELATED PARTY DISCLOSURES

Mr G Corrigan

Director

2017

2016

£

£

Amount due to related party at the balance sheet date

-

5,222

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr G Corrigan.