Experior Technical Services Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 05659781 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Experior Technical Services Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C M Howes

M J Foster

W J Butler

SECRETARY:

C M Howes

REGISTERED OFFICE:

The Great Barn

Alcester Road

Wootton Wawen

Henley in Arden

Warwickshire

B95 6HJ

REGISTERED NUMBER:

05659781 (England and Wales)

ACCOUNTANTS:

Derek Young & Co Accountants LLP

Chartered Accountants

Estate House

Evesham Street

Redditch

Worcestershire

B97 4HP

FIXED ASSETS

Tangible assets

4

38,751

51,319

CURRENT ASSETS

Debtors

46,756

29,093

Cash at bank

41,016

46,131

87,772

75,224

CREDITORS

Amounts falling due within one year

49,919

41,454

NET CURRENT ASSETS

37,853

33,770

TOTAL ASSETS LESS CURRENT LIABILITIES

76,604

85,089

CREDITORS

Amounts falling due after more than one year

(20,706

)

(30,645

)

PROVISIONS FOR LIABILITIES

(7,435

)

(10,018

)

NET ASSETS

48,463

44,426

CAPITAL AND RESERVES

Called up share capital

5

100

100

Retained earnings

6

48,363

44,326

SHAREHOLDERS' FUNDS

48,463

44,426

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 directors acknowledge their 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 Income Statement and 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 Board of Directors on 21 June 2017 and were signed on its behalf by:

C M Howes - Director

1.	STATUTORY INFORMATION

Experior Technical Services 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.

Turnover

Turnover represents amounts derived from the provision of goods and services falling within the company's

ordinary activities, after deduction of trade discounts, value added tax and any other tax based on the amounts so

derived.

Tangible fixed assets

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

Equipment

-

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 9 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

118,158

Additions

350

At 31 March 2017

118,508

DEPRECIATION

At 1 April 2016

66,839

Charge for year

12,918

At 31 March 2017

79,757

NET BOOK VALUE

At 31 March 2017

38,751

At 31 March 2016

51,319

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

100

Ordinary share capital

£1

100

100

6.

RESERVES

Retained

earnings

£

At 1 April 2016

44,326

Profit for the year

4,037

At 31 March 2017

48,363

7.	RELATED PARTY DISCLOSURES

During the year, the company provided services to Wemtech CTS Ltd, which resulted in an income charge of

£246,667 within the Financial Statements.

8.	ULTIMATE CONTROLLING PARTY