Netmaid Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03948288 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

NETMAID LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

Mr J G Powell

Registered office:

305 Regents Park Road

Finchley

London

N3 1DP

Registered number:

03948288 (England and Wales)

Accountants:

Haines Watts

Chartered Accountants

305 Regents Park Road

Finchley

London

N3 1DP

Current assets

Cash at bank and in hand

1,507

2,224

Creditors

Amounts falling due within one year

3

2,754

Net current liabilities

(1,247

)

(530

)

Total assets less current liabilities

(1,247

)

(530

)

Capital and reserves

Called up share capital

2

Retained earnings

(1,249

)

(532

)

Shareholders' funds

(1,247

)

(530

)

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 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director on 6 October 2017 and were signed by:

Mr J G Powell - Director

1.	Statutory information

Netmaid 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.

The financial statements have been prepared under the presumption that the company is carrying on business

as a going concern. This is based on the confirmation received from the director that financial and other

support will continue to be provided to the extent necessary to enable the company to continue to trade and

meet its financial obligations for the foreseeable future.

Frs 102

The first date at which FRS 102 1A was applied was 1 April 2015. In accordance with FRS 102 1A the

company has:

- Provided comparative information;

- Applied the same accounting policies throughout all periods presented; and

- Retrospectively applied FRS 102 1A as required.

On transition, management have considered the effect of any changes in accounting treatment from UK GAAP

to FRS 102 1A for this company and have concluded that there are no material changes that warrant

restatement of the comparative financial.

3.

Creditors: amounts falling due within one year

2017

2016

£

Directors' current accounts

2,334

Accrued expenses

420

2,754

4.	Director's 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

£

Mr J G Powell

Balance outstanding at start of year

(2,334

)

(2,334

)

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(2,334

)

(2,334

)

5.	Ultimate controlling party

The ultimate controlling party of the company is the director by virtue of his majority shareholding of the

issued share capital of the company.

6.	First year adoption

The company has adopted FRS 102 1A for the year ended 31 March 2017, with the date of transition therefore

being 1 April 2015.

On transition, management have considered the effect of any changes in accounting treatment from UK GAAP

to FRS 102 1A for this company and have concluded that there are no material changes that warrant

restatement of the comparative periods.

Netmaid Limited - Accounts to registrar (filleted) - small 17.3

Netmaid Limited - Accounts to registrar (filleted) - small 17.3