No Targets Just Routine Ltd - Period Ending 2017-03-31
No Targets Just Routine Ltd - Period Ending 2017-03-31
Registration number:
No Targets Just Routine Ltd
for the Period from 22 March 2016 to 31 March 2017
Chartered Accountants
9 Bridle Close
Surbiton Road
Kingston Upon Thames
Surrey
KT1 2JW
No Targets Just Routine Ltd
Contents
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Company Information |
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Accountants' Report |
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Statement of Comprehensive Income |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Financial Statements |
No Targets Just Routine Ltd
Company Information
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Directors |
Mr P C Allen Mrs I R Allen Mr A C Allen |
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Registered office |
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Accountants |
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Page 1 |
Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
No Targets Just Routine Ltd
for the Period Ended 31 March 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of No Targets Just Routine Ltd for the period ended 31 March 2017 as set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the Board of Directors of No Targets Just Routine Ltd, as a body, in accordance with the terms of our engagement letter dated 15 June 2016. Our work has been undertaken solely to prepare for your approval the accounts of No Targets Just Routine Ltd and state those matters that we have agreed to state to the Board of Directors of No Targets Just Routine Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than No Targets Just Routine Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that No Targets Just Routine Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of No Targets Just Routine Ltd. You consider that No Targets Just Routine Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of No Targets Just Routine Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Chartered Accountants
Surbiton Road
Kingston Upon Thames
Surrey
KT1 2JW
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Page 2 |
No Targets Just Routine Ltd
Statement of Comprehensive Income for the Period from 22 March 2016 to 31 March 2017
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Note |
2017 |
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Loss for the period |
( |
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Total comprehensive income for the period |
( |
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Page 3 |
No Targets Just Routine Ltd
(Registration number: 10079273)
Balance Sheet as at 31 March 2017
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Note |
2017 |
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Current assets |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
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Net liabilities |
( |
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Capital and reserves |
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Profit and loss account |
( |
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Total equity |
( |
For the financial period ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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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 accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Mr P C Allen
Director
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Page 4 |
No Targets Just Routine Ltd
Statement of Changes in Equity for the Period from 22 March 2016 to 31 March 2017
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Profit and loss account |
Total |
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Loss for the period |
( |
( |
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Total comprehensive income |
( |
( |
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At 31 March 2017 |
( |
( |
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Page 5 |
No Targets Just Routine Ltd
Notes to the Financial Statements for the Period from 22 March 2016 to 31 March 2017
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General information |
The company is a private company limited by share capital incorporated in United Kingdom.
The address of its registered office is:
England
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
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Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
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Page 6 |
No Targets Just Routine Ltd
Notes to the Financial Statements for the Period from 22 March 2016 to 31 March 2017
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Creditors |
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Note |
2017 |
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Due within one year |
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Other creditors |
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Page 7 |