Amido Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 07203090 (England and Wales)

Financial Statements

for the Year Ended 31 March 2017

for

Amido Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S R Evans

C M Gray

R C Pearson

A J Walsh

REGISTERED OFFICE:

Unit 1, 4th Floor, Lafone House,

The Leather Market,

Weston Street,

London

SE1 3ER

REGISTERED NUMBER:

07203090 (England and Wales)

ACCOUNTANT:

Will Taylor Limited

4th Floor

International House

Queens Road

Brighton

East Sussex

BN1 3XE

FIXED ASSETS

Tangible assets

4

35,027

17,063

CURRENT ASSETS

Debtors

5

1,451,790

1,032,938

Cash at bank

974,079

355,581

2,425,869

1,388,519

CREDITORS

Amounts falling due within one year

6

813,895

648,905

NET CURRENT ASSETS

1,611,974

739,614

TOTAL ASSETS LESS CURRENT LIABILITIES

1,647,001

756,677

CAPITAL AND RESERVES

Called up share capital

819

675

Share premium

33,734

15,056

Retained earnings

1,612,448

740,946

SHAREHOLDERS' FUNDS

1,647,001

756,677

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 6 December 2017 and were signed on its behalf by:

S R Evans - Director

A J Walsh - Director

1.	STATUTORY INFORMATION

Amido Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

50% on cost, 33% on cost and 25% on cost

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 46 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2016

23,399

89,461

112,860

Additions

-

48,470

48,470

At 31 March 2017

23,399

137,931

161,330

DEPRECIATION

At 1 April 2016

23,241

72,556

95,797

Charge for year

158

30,348

30,506

At 31 March 2017

23,399

102,904

126,303

NET BOOK VALUE

At 31 March 2017

-

35,027

35,027

At 31 March 2016

158

16,905

17,063

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

1,426,258

778,103

Other debtors

25,532

254,835

1,451,790

1,032,938

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Bank loans and overdrafts

18

-

Trade creditors

286,355

404,262

Taxation and social security

346,857

236,686

Other creditors

180,665

7,957

813,895

648,905

7.	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:

31.3.17

31.3.16

£

£

A J Walsh

Balance outstanding at start of year

5,315

45,019

Amounts repaid

(5,315

)

(39,704

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

5,315