Eutopia Solutions Limited - Accounts to registrar - small 17.2
Eutopia Solutions Limited - Accounts to registrar - small 17.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2016 |
| FOR |
| EUTOPIA SOLUTIONS LIMITED |
| EUTOPIA SOLUTIONS LIMITED (REGISTERED NUMBER: 03855055) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 31 December 2016 |
| Page |
| Company Information | 1 |
| Abridged Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| EUTOPIA SOLUTIONS LIMITED |
| COMPANY INFORMATION |
| for the year ended 31 December 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| 19-20 Bourne Court |
| Southend Road |
| Woodford Green |
| Essex |
| IG8 8HD |
| EUTOPIA SOLUTIONS LIMITED (REGISTERED NUMBER: 03855055) |
| ABRIDGED BALANCE SHEET |
| 31 December 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Capital redemption reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| EUTOPIA SOLUTIONS LIMITED (REGISTERED NUMBER: 03855055) |
| ABRIDGED BALANCE SHEET - continued |
| 31 December 2016 |
| 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 |
| EUTOPIA SOLUTIONS LIMITED (REGISTERED NUMBER: 03855055) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 31 December 2016 |
| 1. | STATUTORY INFORMATION |
| Eutopia Solutions Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet |
| date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. |
| Exchange differences are taken into account in arriving at the operating result. |
| Debtors and creditors |
| Debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are |
| recognised in the profit and loss account. |
| Loans and borrowings |
| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are |
| measured at amortised cost using the effective interest rate method, less impairment. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| EUTOPIA SOLUTIONS LIMITED (REGISTERED NUMBER: 03855055) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 December 2016 |
| 4. | TANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1 January 2016 |
| Additions |
| Disposals | ( |
) |
| At 31 December 2016 |
| DEPRECIATION |
| At 1 January 2016 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 December 2016 |
| NET BOOK VALUE |
| At 31 December 2016 |
| At 31 December 2015 |
| 5. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2016 | 2015 |
| £ | £ |
| Bank overdraft |
| Bank loans |
| The bank overdraft is secured against trade debtors |
| 6. | CONTINGENT LIABILITIES |
| There were no contingent liabilities at the end of the financial period. |
| 7. | CAPITAL COMMITMENTS |
| At 31 December 2016 the company had no capital commitment which had been contracted for but not provided in the |
| financial statements. |
| EUTOPIA SOLUTIONS LIMITED (REGISTERED NUMBER: 03855055) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 December 2016 |
| 8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 December 2016 and |
| 31 December 2015: |
| 2016 | 2015 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| 9. | ULTIMATE CONTROLLING PARTY |
| The company was controlled throughout the current year by its directors, Mr C Coverman, Mr M H Brenner and Mr D |
| Franks by virtue of their ownership of the entire issued share capital. |
| 10. | FIRST TIME ADOPTION |
| This is the first time in which the financial statements have been prepared under FRS 102. No transitional adjustments were |
| required in equity or profit or loss for the year. |