Latchway Management Limited Company Accounts
Latchway Management Limited Company Accounts
COMPANY REGISTRATION NUMBER:
05128388
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Financial Statements |
Year ended 30 June 2017
Contents |
Page |
Statement of financial position |
1 |
Notes to the financial statements |
3 |
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Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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– |
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Current assets
Debtors |
6 |
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Investments |
7 |
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– |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
8 |
(
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(
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Members funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
30 October 2017
, and are signed on behalf of the board by:
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Director |
Company registration number:
05128388
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Notes to the Financial Statements |
Year ended 30 June 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 Godalming Business Centre, Woolsack Way, Godalming, Surrey, GU7 1XW.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 July 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 10.
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Computer equipment |
- |
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Impairment of fixed assets
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2016:
2
).
5.
Tangible assets
Equipment |
Total |
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£ |
£ |
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Cost |
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Additions |
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------- |
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At 30 June 2017 |
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------- |
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Depreciation |
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Charge for the year |
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------- |
------- |
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At 30 June 2017 |
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------- |
------- |
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Carrying amount |
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At 30 June 2017 |
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------- |
------- |
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At 30 June 2016 |
– |
– |
------- |
------- |
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6.
Debtors
2017 |
2016 |
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£ |
£ |
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Other debtors |
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------- |
-------- |
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7.
Investments
2017 |
2016 |
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£ |
£ |
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Short-term deposits |
130,000 |
– |
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8.
Creditors:
amounts falling due within one year
2017 |
2016 |
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£ |
£ |
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Trade creditors |
– |
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Corporation tax |
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Social security and other taxes |
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– |
Other creditors |
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9.
Related party transactions
The company was under the control of Mr & Mrs Dziurman throughout the current year. Mr & Mrs Dziurman are the managing directors and majority shareholders.
10.
Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 July 2015.
No transitional adjustments were required in equity or profit or loss for the year.