Instigators Limited - Accounts to registrar (filleted) - small 17.3
Instigators Limited - Accounts to registrar (filleted) - small 17.3
REGISTERED NUMBER: |
INSTIGATORS LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2017 |
INSTIGATORS LIMITED (REGISTERED NUMBER: 02972491) |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 30 April 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 | to | 4 |
INSTIGATORS LIMITED |
COMPANY INFORMATION |
For The Year Ended 30 April 2017 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
BUSINESS ADDRESS: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
26-28 Headlands |
Kettering |
Northamptonshire |
NN15 7HP |
INSTIGATORS LIMITED (REGISTERED NUMBER: 02972491) |
BALANCE SHEET |
30 April 2017 |
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
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 by: |
INSTIGATORS LIMITED (REGISTERED NUMBER: 02972491) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 30 April 2017 |
1. | STATUTORY INFORMATION |
Instigators Limited is a |
registered number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
Tangible fixed assets |
Freehold property | - |
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. |
Going concern |
The financial statements have been prepared on the assumption that the company is a going concern and will |
continue for the foreseeable future. The company relies upon the continued support of the directors, and the |
company has neither the intention nor the need to liquidate or curtail materially the scale of its operations. |
The financial statements, therefore, do not include any adjustments that would be required to reflect a |
withdrawal of support by the directors. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL. |
INSTIGATORS LIMITED (REGISTERED NUMBER: 02972491) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 30 April 2017 |
4. | TANGIBLE FIXED ASSETS |
Freehold |
property |
£ |
COST |
At 1 May 2016 |
and 30 April 2017 |
NET BOOK VALUE |
At 30 April 2017 |
At 30 April 2016 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Other creditors |
Directors' current accounts | 1,618 | 1,909 |
Accruals and deferred income |
Accrued expenses |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2017 | 2016 |
value: | £ | £ |
Ordinary Shares | £1 | 9 | 9 |
8. | FIRST YEAR ADOPTION |
The company has adopted FRS 102 for the first time in the period ended 30 April 2017. |
The effect of the transition from the previous financial reporting framework to FRS 102 has been considered. |
There has been no material impact in relation to the following: |
- changes in accounting policies |
- changes in shareholders funds |
- comparative year profit or loss |
On that basis, no restatement has been undertaken. |