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ART-I-CHECK LTD

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Acorah Software Products - Accounts Production 6.1.033 false No description of principal activity true 1 May 2016 30 April 2017 30 April 2017 08186152 iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08186152 2016-04-30 08186152 2017-04-30 08186152 2016-05-01 2017-04-30 08186152 frs-core:CurrentFinancialInstruments 2017-04-30 08186152 frs-core:CurrentFinancialInstruments 2016-05-01 2017-04-30 08186152 frs-core:Non-currentFinancialInstruments 2017-04-30 08186152 frs-core:Non-currentFinancialInstruments 2016-05-01 2017-04-30 08186152 frs-core:CurrentFinancialInstruments 2016-05-01 2017-04-30 08186152 frs-core:CurrentFinancialInstruments 2017-04-30 08186152 frs-core:AfterOneYear 2016-05-01 2017-04-30 08186152 frs-core:BetweenOneFiveYears 2016-05-01 2017-04-30 08186152 frs-core:BetweenOneFiveYears 2017-04-30 08186152 frs-core:ComputerEquipment 2017-04-30 08186152 frs-core:ComputerEquipment 2016-05-01 2017-04-30 08186152 frs-core:ComputerEquipment 2016-04-30 08186152 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2015-05-01 2016-04-30 08186152 dpl-frs:Item11 2015-04-30 08186152 dpl-frs:Item11 2016-04-30 08186152 dpl-frs:CostSales dpl-frs:Item11 2015-05-01 2016-04-30 08186152 dpl-frs:CostSales dpl-frs:Item11 2015-04-30 08186152 dpl-frs:CostSales dpl-frs:Item11 2016-04-30 08186152 dpl-frs:DistributionCosts dpl-frs:Item11 2015-05-01 2016-04-30 08186152 dpl-frs:AdministrativeExpenses dpl-frs:Item11 2015-05-01 2016-04-30 08186152 dpl-frs:Item12 2015-05-01 2016-04-30 08186152 dpl-frs:Item12 2015-04-30 08186152 dpl-frs:Item12 2016-04-30 08186152 dpl-frs:CostSales dpl-frs:Item12 2015-05-01 2016-04-30 08186152 dpl-frs:CostSales dpl-frs:Item12 2015-04-30 08186152 dpl-frs:CostSales dpl-frs:Item12 2016-04-30 08186152 dpl-frs:DistributionCosts dpl-frs:Item12 2015-05-01 2016-04-30 08186152 dpl-frs:AdministrativeExpenses dpl-frs:Item12 2015-05-01 2016-04-30 08186152 1 2015-05-01 2016-04-30 08186152 frs-countries:EnglandWales 2015-05-01 2016-04-30
ART-I-CHECK LTD
Unaudited Financial Statements
For The Year Ended 30 April 2017
Braiden Accounts

Chartered Accountants

First Floor Suite
3 St. George's Place
Brighton
BN1 4GA
ART-I-CHECK LTD
Unaudited Financial Statements
For The Year Ended 30 April 2017
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—5
ART-I-CHECK LTD
Balance Sheet
As at 30 April 2017
Balance Sheet
Registered number: 08186152
2017 2016
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 6 38,248 46,337
38,248 46,337
CURRENT ASSETS
Debtors 7 2,921 712
Cash at bank and in hand 29,849 64,091
32,770 64,803
Creditors: Amounts Falling Due Within One Year 8 (72,494 ) (29,156 )
NET CURRENT ASSETS (LIABILITIES) (39,724 ) 35,647
TOTAL ASSETS LESS CURRENT LIABILITIES (1,476 ) 81,984
NET ASSETS (1,476 ) 81,984
CAPITAL AND RESERVES
Called up share capital 9 3 2
Share premium account 667,838 586,370
Profit and loss account (669,317 ) (504,388 )
SHAREHOLDERS' FUNDS (1,476) 81,984
Page 1
ART-I-CHECK LTD
Balance Sheet (continued)
As at 30 April 2017
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.
Directors' responsibilities:
  • 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
Mrs Annika Erikson
31/01/2018

The notes on pages 4 to 5 form part of these financial statements.
Page 2
ART-I-CHECK LTD
Statement of Changes in Equity
For The Year Ended 30 April 2017
Statement of Changes in Equity
Share Capital Share Premium Profit & Loss Account Total
£ £ £ £
As at 1 May 2015 2 515,570 (324,798 ) 190,774
Loss for the year and total comprehensive income - - (179,590 ) (179,590)
Arising on shares issued during the period - 70,800 - 70,800
As at 30 April 2016 and 1 May 2016 2 586,370 (504,388 ) 81,984
Loss for the year and total comprehensive income - - (164,929 ) (164,929)
Arising on shares issued during the period - 81,468 - 81,468
As at 30 April 2017 3 667,838 (669,317 ) (1,476)
Page 3
ART-I-CHECK LTD
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 the invoiced value of goods and services supplied by the company, net 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:
Software 33% Straight Line
Fixtures & Fittings 33% Straight Line
Computer Equipment 33% Straight Line
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:
6. Tangible Assets
Software Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2016 58,555 - 6,833 65,388
Additions - 933 - 933
Disposals - - (58 ) (58 )
As at 30 April 2017 58,555 933 6,775 66,263
Depreciation
As at 1 May 2016 15,219 - 3,832 19,051
Provided during the period 6,723 - 2,241 8,964
As at 30 April 2017 21,942 - 6,073 28,015
Net Book Value
As at 30 April 2017 36,613 933 702 38,248
As at 1 May 2016 43,336 - 3,001 46,337
Page 4
ART-I-CHECK LTD
Notes to the Unaudited Accounts (continued)
For The Year Ended 30 April 2017
7. Debtors
2017 2016
£ £
Due within one year
Trade debtors 2,921 712
2,921 712
8. Creditors: Amounts Falling Due Within One Year
2017 2016
£ £
Bank loans and overdrafts 24,129 -
Other taxes and social security 4,613 -
VAT 640 1,292
Accruals and deferred income 43,112 27,864
72,494 29,156
9. Share Capital
Value Number 2017 2016
Allotted, called up and fully paid £ £ £
Ordinary shares 0.00001538 195059 3 2
10. Ultimate Controlling Party Not Known
The company's ultimate controlling party is unknown.
11. General Information
ART-I-CHECK LTD Registered number 08186152 is a limited by shares company incorporated in England & Wales. The Registered Office is 14 Basing Hill, London, England, NW11 8TH.
Page 5