Andrew Butler Insignia Limited - Accounts to registrar (filleted) - small 17.3

Andrew Butler Insignia Limited - Accounts to registrar (filleted) - small 17.3

ANDREW BUTLER INSIGNIA LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v17.3.0.1062 04827290 director 1.8.16 31.7.17 31.7.17 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure048272902016-07-31048272902017-07-31048272902016-08-012017-07-31048272902015-07-31048272902015-08-012016-07-31048272902016-07-3104827290ns15:EnglandWales2016-08-012017-07-3104827290ns14:PoundSterling2016-08-012017-07-3104827290ns10:Director12016-08-012017-07-3104827290ns10:PrivateLimitedCompanyLtd2016-08-012017-07-3104827290ns10:SmallEntities2016-08-012017-07-3104827290ns10:AuditExemptWithAccountantsReport2016-08-012017-07-3104827290ns10:SmallCompaniesRegimeForAccounts2016-08-012017-07-3104827290ns10:FullAccounts2016-08-012017-07-310482729012016-08-012017-07-3104827290ns10:CompanySecretary12016-08-012017-07-3104827290ns10:RegisteredOffice2016-08-012017-07-3104827290ns5:CurrentFinancialInstruments2017-07-3104827290ns5:CurrentFinancialInstruments2016-07-3104827290ns5:ShareCapital2017-07-3104827290ns5:ShareCapital2016-07-3104827290ns5:RetainedEarningsAccumulatedLosses2017-07-3104827290ns5:RetainedEarningsAccumulatedLosses2016-07-3104827290ns5:NetGoodwill2016-08-012017-07-3104827290ns5:IntangibleAssetsOtherThanGoodwill2016-08-012017-07-3104827290ns5:PlantMachinery2016-08-012017-07-3104827290ns5:NetGoodwill2016-07-3104827290ns5:NetGoodwill2017-07-3104827290ns5:NetGoodwill2016-07-3104827290ns5:PlantMachinery2016-07-3104827290ns5:PlantMachinery2017-07-3104827290ns5:PlantMachinery2016-07-3104827290ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-07-3104827290ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-07-31


REGISTERED NUMBER: 04827290 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2017

FOR

ANDREW BUTLER INSIGNIA LIMITED
ANDREW BUTLER INSIGNIA LIMITED (REGISTERED NUMBER: 04827290)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

ANDREW BUTLER INSIGNIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2017







DIRECTOR: A Butler





SECRETARY: Mrs L Butler





REGISTERED OFFICE: 274 Northdown Road
Cliftonville
Margate
Kent
CT9 2PT





REGISTERED NUMBER: 04827290 (England and Wales)





ACCOUNTANTS: J Michael & Co Ltd
Chartered Accountants
274 Northdown Road
Margate
Kent
CT9 2PT
Page 1
ANDREW BUTLER INSIGNIA LIMITED (REGISTERED NUMBER: 04827290)

BALANCE SHEET
31 JULY 2017

31.7.17 31.7.16
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 6,552 7,270
6,552 7,270

CURRENT ASSETS
Stocks 2,000 4,200
Debtors 6 375 375
Cash at bank 668 -
3,043 4,575
CREDITORS
Amounts falling due within one year 7 6,918 14,497
NET CURRENT LIABILITIES (3,875 ) (9,922 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,677
(2,652
)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 2,676 (2,653 )
SHAREHOLDERS' FUNDS 2,677 (2,652 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 1 January 2018 and were signed by:



A Butler - Director


The notes form part of these financial statements

Page 2
ANDREW BUTLER INSIGNIA LIMITED (REGISTERED NUMBER: 04827290)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2017

1. STATUTORY INFORMATION

Andrew Butler Insignia 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, 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.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

Page 3 continued...
ANDREW BUTLER INSIGNIA LIMITED (REGISTERED NUMBER: 04827290)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2017

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2016
and 31 July 2017 31,600
AMORTISATION
At 1 August 2016
and 31 July 2017 31,600
NET BOOK VALUE
At 31 July 2017 -
At 31 July 2016 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2016 27,239
Additions 1,058
At 31 July 2017 28,297
DEPRECIATION
At 1 August 2016 19,969
Charge for year 1,776
At 31 July 2017 21,745
NET BOOK VALUE
At 31 July 2017 6,552
At 31 July 2016 7,270

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.17 31.7.16
£    £   
Trade debtors 375 375

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.17 31.7.16
£    £   
Bank loans and overdrafts - 949
Taxation and social security 2,459 1,391
Other creditors 4,459 12,157
6,918 14,497

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ANDREW BUTLER INSIGNIA LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the
Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Andrew Butler Insignia Limited for the year ended 31 July 2017 which comprise the Income
Statement, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Andrew Butler Insignia Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Andrew Butler Insignia Limited and state those matters that we have agreed to state to the director of Andrew Butler Insignia Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Andrew Butler Insignia Limited director for our work or for this report.

It is your duty to ensure that Andrew Butler Insignia Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Andrew Butler Insignia Limited. You consider that Andrew Butler Insignia Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Andrew Butler Insignia Limited. 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 financial statements.






J Michael & Co Ltd
Chartered Accountants
274 Northdown Road
Margate
Kent
CT9 2PT


1 January 2018

This page does not form part of the statutory financial statements

Page 5