Addition Accountants Limited - Accounts to registrar - small 17.2
Addition Accountants Limited - Accounts to registrar - small 17.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31st December 2016 |
| for |
| Addition Accountants Limited |
| Addition Accountants Limited (Registered number: 04345204) |
| Contents of the Financial Statements |
| for the Year Ended 31st December 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Addition Accountants Limited |
| Company Information |
| for the Year Ended 31st December 2016 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| The Regent |
| Chapel Street |
| Penzance |
| Cornwall |
| TR18 4AE |
| Addition Accountants Limited (Registered number: 04345204) |
| Balance Sheet |
| 31st December 2016 |
| 31/12/16 | 31/12/15 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
7 |
( |
) |
( |
) |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 9 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| Addition Accountants Limited (Registered number: 04345204) |
| Balance Sheet - continued |
| 31st 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 director on and were signed by: |
| Addition Accountants Limited (Registered number: 04345204) |
| Notes to the Financial Statements |
| for the Year Ended 31st December 2016 |
| 1. | STATUTORY INFORMATION |
| Addition Accountants Limited is a |
| 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 |
| Turnover |
| Turnover is measured at the fair value of the consideration received or |
| receivable, excluding discounts, rebates, value added tax and other sales |
| taxes. |
| Tangible fixed assets |
| 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. |
| 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. |
| Addition Accountants Limited (Registered number: 04345204) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st December 2016 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 1st January 2016 |
| Additions |
| Disposals | ( |
) | ( |
) |
| Revaluations | ( |
) | ( |
) |
| At 31st December 2016 |
| DEPRECIATION |
| At 1st January 2016 |
| Charge for year |
| At 31st December 2016 |
| NET BOOK VALUE |
| At 31st December 2016 |
| At 31st December 2015 |
| Cost or valuation at 31st December 2016 is represented by: |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| Valuation in 2016 | 49,931 | - | 49,931 |
| Cost | 249,069 | 203,093 | 452,162 |
| 299,000 | 203,093 | 502,093 |
| If freehold property had not been revalued 2016 would have been included at |
| the following historical cost: |
| 31/12/16 | 31/12/15 |
| £ | £ |
| Cost | 249,069 | 374,069 |
| Freehold land and buildings were valued on an open market basis on |
| 30th June 2016 by Alder King . |
| Addition Accountants Limited (Registered number: 04345204) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st December 2016 |
| 5. | FIXED ASSET INVESTMENTS |
| Other |
| investmen |
| £ |
| COST |
| At 1st January 2016 |
| and 31st December 2016 |
| NET BOOK VALUE |
| At 31st December 2016 |
| At 31st December 2015 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/12/16 | 31/12/15 |
| £ | £ |
| Trade debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/12/16 | 31/12/15 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31/12/16 | 31/12/15 |
| £ | £ |
| Bank loans |
| Hire purchase contracts |
| 9. | RESERVES |
| Revaluati |
| reserve |
| £ |
| At 1st January 2016 |
| Revaluation reserve | (51,000 | ) |
| At 31st December 2016 |