Access To Growth Limited - Accounts to registrar (filleted) - small 17.3
Access To Growth Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2017 |
| for |
| Access To Growth Limited |
| Access To Growth Limited (Registered number: 02954575) |
| Contents of the Financial Statements |
| for the year ended 31 March 2017 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| Access To Growth Limited |
| Company Information |
| for the year ended 31 March 2017 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 3-5 Grange Terrace |
| Stockton Road |
| Sunderland |
| Tyne & Wear |
| SR2 7DG |
| BANKERS: |
| Market Street Branch |
| 7 Market Street |
| Newcastle |
| NE1 4GL |
| Access To Growth Limited (Registered number: 02954575) |
| Statement of Financial Position |
| 31 March 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Share premium |
| Capital redemption reserve |
| 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. |
| Access To Growth Limited (Registered number: 02954575) |
| Statement of Financial Position - continued |
| 31 March 2017 |
| 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 |
| Access To Growth Limited (Registered number: 02954575) |
| Notes to the Financial Statements |
| for the year ended 31 March 2017 |
| 1. | STATUTORY INFORMATION |
| Access To Growth Limited is a |
| 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 |
| The financial statements have been prepared on the going concern basis,which assumes that the company will |
| continue in operational existence for the foreseeable future, which the directors consider to be appropriate. |
| These financial statements for the year ended 31 March 2017 are the first financial statements that comply with |
| FRS 102 Section 1a "Small Entities" - "The Financial Reporting Standard applicable in the UK and Republic of |
| Ireland". The date of transition is 1 April 2015. In preparing the financial statements, the directors have |
| considered whether in applying the accounting policies required by FRS 102 Section 1a "Small Entities", the |
| restatement of comparative items was required. The transition to FRS 102 Section 1a "Small Entities" has not |
| resulted in any changes to accounting policies used. |
| Turnover |
| Turnover represents net sales of services, excluding value added tax. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| Financial instruments |
| The company only has financial assets and financial liabilities of a kind that qualify as basic financial |
| instruments. Basic financial instruments are recognised at transaction value and subsequently measured at their |
| settlement value. |
| 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 statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| statement of financial position 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 |
| Access To Growth Limited (Registered number: 02954575) |
| Notes to the Financial Statements - continued |
| for the year ended 31 March 2017 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2016 |
| and 31 March 2017 |
| DEPRECIATION |
| At 1 April 2016 |
| Charge for year |
| At 31 March 2017 |
| NET BOOK VALUE |
| At 31 March 2017 |
| At 31 March 2016 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Directors' current accounts |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Corporation tax |
| Social security and other taxes |
| Directors' current accounts |
| Accrued expenses |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2017 | 2016 |
| value: | £ | £ |
| Ordinary | £1 | 22,389 | 44,778 |
| A Ordinary £1 shares | £1 | 1,007 | 2,239 |
| B Ordinary £1 Shares | £1 | 1,232 | 1,791 |
| NIL | C Ordinary £1 Shares | £1 | - | 448 |
| 24,628 | 49,256 |
| Access To Growth Limited (Registered number: 02954575) |
| Notes to the Financial Statements - continued |
| for the year ended 31 March 2017 |
| 8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 March 2017 and |
| 31 March 2016: |
| 2017 | 2016 |
| £ | £ |
| Balance outstanding at start of year | ( |
) |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| 9. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |
| 10. | FIRST YEAR ADOPTION |
| Upon adoption of FRS102 section 1A there were no adjustments required. |
| Transitional relief |
| Upon adoption of FRS102 section 1A the company did not take advantage of any transitional relief. |