St. Ives Secretarial Services Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 02088296 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

ST. IVES SECRETARIAL SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs S Mott

Mr C.D Mott

SECRETARY:

Mrs S Mott

REGISTERED OFFICE:

6A The Pavement

St Ives

Huntingdon

Cambridgeshire

PE27 5AD

REGISTERED NUMBER:

02088296 (England and Wales)

ACCOUNTANTS:

Dennis Mott & Co.

6A The Pavement

St Ives

Huntingdon

Cambridgeshire

PE27 5AD

BANKERS:

HSBC Bank Plc

Market Hill

St Ives

Huntingdon

Cambridgeshire

PE27 5AP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

277

553

277

553

CURRENT ASSETS

Debtors

6

14,313

24,411

Cash at bank

5,230

542

19,543

24,953

CREDITORS

Amounts falling due within one year

7

1,019

3,866

NET CURRENT ASSETS

18,524

21,087

TOTAL ASSETS LESS CURRENT LIABILITIES

18,801

21,640

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

18,501

21,340

SHAREHOLDERS' FUNDS

18,801

21,640

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.

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 9 October 2017 and were signed on its behalf by:

Mrs S Mott - Director

1.	STATUTORY INFORMATION

St. Ives Secretarial 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 the value of services provided in the accounting period.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2016

and 31 March 2017

25,000

AMORTISATION

At 1 April 2016

and 31 March 2017

25,000

NET BOOK VALUE

At 31 March 2017

-

At 31 March 2016

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

and 31 March 2017

830

DEPRECIATION

At 1 April 2016

277

Charge for year

276

At 31 March 2017

553

NET BOOK VALUE

At 31 March 2017

277

At 31 March 2016

553

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

14,313

24,411

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade creditors

2

-

Taxation and social security

235

127

Other creditors

782

3,739

1,019

3,866

8.	RELATED PARTY DISCLOSURES

The company shares premises and resources with Dennis Mott & Co, Chartered Accountants, the principal of

which is the spouse of a director. The company provides services to Dennis Mott & Co. The amount charged,

and included in sales, for the year is £9,904 (2016 £11,170). Dennis Mott & Co charged the company for office

services £68 (2016 £81). The net amount owing to the company at the year end was £13,946 (2016 £24,411).