Amaze Marketing Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 04557661 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2017

for

Amaze Marketing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms J L Slatter

SECRETARY:

P Slatter

REGISTERED OFFICE:

26 Lower Berewood

Waterlooville

Hampshire

PO7 7NQ

REGISTERED NUMBER:

04557661 (England and Wales)

ACCOUNTANTS:

Johnston Wood Roach Limited

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

FIXED ASSETS

Intangible assets

3

-

-

Tangible assets

4

296

-

296

-

CURRENT ASSETS

Debtors

5

4,077

7,163

Cash at bank and in hand

6,199

5,784

10,276

12,947

CREDITORS

Amounts falling due within one year

6

7,588

11,126

NET CURRENT ASSETS

2,688

1,821

TOTAL ASSETS LESS CURRENT LIABILITIES

2,984

1,821

PROVISIONS FOR LIABILITIES

56

-

NET ASSETS

2,928

1,821

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,828

1,721

SHAREHOLDERS' FUNDS

2,928

1,821

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 12 January 2018 and were signed by:

Ms J L Slatter - Director

1.	STATUTORY INFORMATION

Amaze Marketing 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.

Financial Reporting Standard 102 - Reduced Disclosure Exemptions

The company has taken advantage of the following disclosure exemptions in preparing these financial

statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of

Ireland":

- the requirements of Section 7 Statement of Cash Flows - Presentation of a Statement of Cash Flow and related

notes and disclosures;

- the requirements of Section 11 'Basic Financial Instruments' & Section 12 'Other Financial Instrument Issues' -

Carrying amounts, interest income/expense and net gains/losses for each category of financial instrument; basis

of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value

changes recognised in the profit or loss and in other comprehensive income.

- Section 33 'Related Party Disclosures' - Compensation for key management personnel.

First time adoption of FRS 102

These financial statements are the first financial statements of Amaze Marketing Limited prepared in accordance

with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of

Ireland' (FRS 102). The financial statements of Amaze Marketing Limited for the year ended 30 April 2016 were

prepared in accordance with previous UK GAAP.

Some of the FRS 102 recognition, measurement, presentation and disclosure requirements and accounting policy

choices differ from previous UK GAAP. Consequently, the directors have amended certain accounting policies

to comply with FRS 102. The directors have also taken advantage of certain exemptions from the requirements

of FRS 102 permitted by FRS 102 Chapter 35 'Transition to this FRS'.

Comparative figures have been restated to reflect the adjustments made, except to the extent that the directors

have taken advantage of exemptions to retrospective application of FRS 102 permitted by FRS 102 Chapter 35

'Transition to this FRS'. Adjustments are recognised directly in equity within the cumulative profit and loss

account at the transition date.

Monetary amounts in these financial statements are rounded to the nearest whole £1, except where otherwise

indicated.

Turnover

Turnover represents sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Computer equipment

-

33% 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet 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.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2016

and 30 April 2017

500

AMORTISATION

At 1 May 2016

and 30 April 2017

500

NET BOOK VALUE

At 30 April 2017

-

At 30 April 2016

-

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 May 2016

1,195

Additions

367

At 30 April 2017

1,562

DEPRECIATION

At 1 May 2016

1,195

Charge for year

71

At 30 April 2017

1,266

NET BOOK VALUE

At 30 April 2017

296

At 30 April 2016

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Trade debtors

3,904

7,163

Other debtors

173

-

4,077

7,163

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Trade creditors

576

691

Taxation and social security

6,070

6,414

Other creditors

942

4,021

7,588

11,126

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms J L Slatter.

8.	FIRST YEAR ADOPTION

The company transitioned to FRS 102 from previously extant UK GAAP as at 1 May 2016.

There has been no impact on the equity of the company or the profit previously reported as a result of the

transition.