Engage-ment Limited
Engage-ment Limited
Registered number: 6918342
Unaudited Financial Statements
For The Year Ended 30 April 2017
Coleman Webb
Chartered Certified Accountants
Old Store, Mascalls Pd Farm
Maidstone Road
Paddock Wood
Kent
TN12 6LT
Engage-ment Limited
Unaudited Financial Statements
For The Year Ended 30 April 2017
Unaudited Financial Statements
| Contents | |
| Page | |
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| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—5 |
Engage-ment Limited
Balance Sheet
As at
30 April 2017
Balance Sheet
Registered number:
6918342
For the year ending 30 April 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 30 April 2017 | Period to 30 April 2016 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 7 |
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| CURRENT ASSETS | |||||
| Debtors | 8 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 9 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 10 |
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| Profit and loss account |
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| SHAREHOLDERS' FUNDS | 164 | 232 | |||
Page 1
Engage-ment Limited
Balance Sheet (continued)
As at
30 April 2017
Directors' responsibilities:
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The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The Company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit and Loss Account
On behalf of the board
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The notes on pages 3 to 5 form part of these financial statements.
Page 2
Engage-ment Limited
Notes to the Unaudited Accounts
For The Year Ended 30 April 2017
Notes to the Unaudited Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Office Equipment |
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| Fixtures & Fittings |
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1.4.
Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
4.
Average number of employees
Average number of employees, including directors, during the year was as follows:
| 30 April 2017 | Period to 30 April 2016 | ||
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| Office and administration |
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Page 3
Engage-ment Limited
Notes to the Unaudited Accounts (continued)
For The Year Ended 30 April 2017
7.
Tangible Assets
| Office Equipment | Fixtures & Fittings | Total | |
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| £ | £ | £ | |
| Cost | |||
| As at |
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| Depreciation | |||
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| Net Book Value | |||
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8.
Debtors
| 30 April 2017 | Period to 30 April 2016 | ||
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| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Corporation tax recoverable |
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| Directors' loan accounts | 14,660 | 31,159 | |
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Included within other debtors due within one year is a loan to S Hollinson, a director, amounting to £14,660 (2016 - £31,159). This loan is repayable on demand and interest is charged at 4% per annum.
9.
Creditors: Amounts Falling Due Within One Year
| 30 April 2017 | Period to 30 April 2016 | ||
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| Corporation tax |
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| Other taxes and social security |
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| VAT |
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| Accruals and deferred income |
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Page 4
Engage-ment Limited
Notes to the Unaudited Accounts (continued)
For The Year Ended 30 April 2017
11.
Transactions With and Loans to Directors
Included within Debtors are the following loans to directors:
| As at |
Amounts advanced | Amounts repaid | As at |
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| £ | £ | £ | £ | |
| Mrs Salli Clarke |
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| Mr Robert Clarke |
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The above loan is unsecured and repayable on demand. Interest is charged at a rate of 4% per annum.
12.
Transition to FRS 102
These financial statements for the year ended 30th April 2017 are the first financial statements that comply with FRS 102 Section 1A small entities. The date of transition is 1st May 2015.
The transition to FRS 102 Section 1A has not resulted in any changes in accounting policies to those used previously, and hence there has been no impact on opening equity or result for the comparative period.
13.
General Information
Engage-ment Limited Registered number 6918342 is a company limited by shares, incorporated in England & Wales. The Registered Office is The Old Store, Mascalls Pound Farm, Maidstone Road, Paddock Wood, Kent, TN12 6LT.
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