Exilia Ltd,Ltd - AccountsLtd - Accounts

Exilia Ltd,Ltd - AccountsLtd - Accounts

EXILIA LIMITED - Company Information

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2016-01-01 06368566 2016-12-31 06368566 2016-01-01 2016-12-31 06368566 2015-12-31 06368566 2015-01-01 2015-12-31 06368566 uk-core:WithinOneYear 2015-12-31 06368566 uk-core:WithinOneYear 2016-12-31 06368566 uk-core:ShareCapital 2016-12-31 06368566 uk-core:ShareCapital 2015-12-31 06368566 uk-core:RetainedEarningsAccumulatedLosses 2016-12-31 06368566 uk-core:RetainedEarningsAccumulatedLosses 2015-12-31 06368566 uk-bus:Director1 2016-01-01 2016-12-31 06368566 uk-core:FurnitureFittings 2016-01-01 2016-12-31 06368566 uk-core:ToolsEquipment 2016-01-01 2016-12-31 06368566 uk-core:FurnitureFittings 2015-12-31 06368566 uk-core:ToolsEquipment 2015-12-31 06368566 uk-core:ToolsEquipment 2016-12-31 06368566 uk-core:FurnitureFittings 2016-12-31 iso4217:GBP 06368566 uk-bus:AuditExemptWithAccountantsReport 2016-01-01 2016-12-31 06368566 uk-bus:FRS102 2016-01-01 2016-12-31 06368566 uk-bus:FullAccounts 2016-01-01 2016-12-31 06368566 uk-bus:PrivateLimitedCompanyLtd 2016-01-01 2016-12-31
Exilia Ltd
Registered Number:06368566
For the year ended 31 December 2016
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2016
Exilia Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 December 2016
Exilia Ltd
Statement of Financial Position
Registered Number :
06368566
£
£
2015
2016
Notes
Fixed assets
Property, plant and equipment
1,159
125
2
1,159
125
Current assets
Trade and other receivables
125
-
3
238
Cash and cash equivalents
30,799
30,799
363
Trade and other payables: amounts falling due within one
year
(24,703)
(24,298)
4
(24,340)
6,501
Net current assets
Total assets less current liabilities
7,660
(24,215)
7,660
Net assets/liabilities
(24,215)
Capital and reserves
Called up share capital
2
1
Retained earnings
7,658
(24,216)
7,660
(24,215)
Shareholders' funds
For the year ended 31 December 2016 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
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 directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
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.
Susan Collings Director
These financial statements were approved and authorised for issue by the Board on 21 September 2017 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 December 2016
Exilia Ltd
Notes to the Financial Statements
Statutory Information
Exilia Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
06368566.
Registered address:
25 Mollison Close
Woodley
Reading
Berkshire
RG5 4XG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Straight line
Computer equipment
25% Straight line
Office Equipment
2. Property, plant and equipment
Total
Computer
equipment
Office
Equipment
£
£
£
Cost or
valuation
At 01 January 2016
500
500
-
1,546
275
1,271
Additions
At 31 December 2016
1,271
775
2,046
Provision for depreciation and impairment
At 01 January 2016
375
375
-
Charge for year
512
194
318
At 31 December 2016
887
569
318
At 31 December 2016
Net book value
953
206
1,159
At 31 December 2015
-
125
125
2 of 3
5
For the year ended 31 December 2016
Exilia Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2015
2016
£
£
Trade debtors
-
125
4. Trade and other payables: amounts falling due within one year
2015
2016
£
£
Trade creditors
25
-
Taxation and social security
6,695
-
Other creditors
17,578
24,703
24,298
24,703
5. Related party transactions
Included within other creditors are interest-free amounts owed to directors of £15,653 (2015: £24,283).
6. Average number of persons employed
The average number of persons employed during the year was 2 (2016: 2).
7. Transition to FRS 102
No prior year adjustments or restatements have been required during the transition to FRS 102.
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