Maxtag Design Ltd - Accounts to registrar - small 17.2

Maxtag Design Ltd - Accounts to registrar - small 17.2

MAXTAG DESIGN LIMITED - Company Information

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REGISTERED NUMBER: 04027624 (England and Wales)















MAXTAG DESIGN LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016













MAXTAG DESIGN LTD (REGISTERED NUMBER: 04027624)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MAXTAG DESIGN LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2016







DIRECTOR: G Gordon





REGISTERED OFFICE: Gladstone House
77-79 High Street
Egham
Surrey
TW20 9HY





REGISTERED NUMBER: 04027624 (England and Wales)
Page 1
MAXTAG DESIGN LTD (REGISTERED NUMBER: 04027624)

BALANCE SHEET
31 DECEMBER 2016

2016 2015
Notes £    £   
CURRENT ASSETS
Debtors 3 3,828 3,828
TOTAL ASSETS LESS CURRENT
LIABILITIES
3,828
3,828

CAPITAL AND RESERVES
Called up share capital 4 20,000 20,000
Retained earnings 5 (16,172 ) (16,172 )
SHAREHOLDERS' FUNDS 3,828 3,828

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 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 25 September 2017 and were signed by:





G Gordon - Director


The notes form part of these financial statements

Page 2
MAXTAG DESIGN LTD (REGISTERED NUMBER: 04027624)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016


1. STATUTORY INFORMATION

Maxtag Design 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.

The company was dormant throughout the current year and previous year.

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company
qualifies as a small company.

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.

Trade and other receivables
Trade and other receivables are measured at transaction price less any impairment unless the
arrangement constitutes a financing transaction in which case the transaction is measured at the
present value of the future receipts discounted at the prevailing market rate of interest . Loans are
initially measured at fair value and are subsequently measured at amortised cost using the effective
interest method less any impairment.

3. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2016 2015
£    £   
Amounts owed by group undertakings 3,828 3,828

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
20,000 Ordinary £1 20,000 20,000

Page 3 continued...
MAXTAG DESIGN LTD (REGISTERED NUMBER: 04027624)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016


5. RESERVES
Retained
earnings
£   

At 1 January 2016 (16,172 )
Profit for the year -
At 31 December 2016 (16,172 )

6. ULTIMATE PARENT COMPANY

The ultimate parent company is Maxtag (UK) Limited, a company registered in England and Wales.
Copies of Maxtag (UK) Limited's accounts have been delivered to, and are available from, the
Registrar of Companies, Companies House, Crown Way, Maindy, Cardiff, CF14 3UZ.

Maxtag (UK) Limited is under the control of the director G Gordon.

7. FIRST YEAR ADOPTION

The company transitioned to FRS 102 from previously extant UK GAAP as at 1 January 2015. The
impact from the transition is set out below. There were no changes in the accounting policies arising
from the transition to FRS 102.


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