Contents of the Financial Statements

for the Period Ended 31 October 2017

Company Information

for the Period Ended 31 October 2017

Directors' Report Period Ended 31 October 2017

The directors present their report with the financial statements of the company for the period ended 31 October 2017

Directors

The directors shown below have held office during the whole of the period from 01 November 2016 to 31 October 2017
Mark Purnell
Colin Payne

Profit and Loss Account

for the Period Ended 31 October 2017

The notes form part of these financial statements

Balance sheet

As at 31 October 2017

The notes form part of these financial statements

Balance sheet continued

As at 31 October 2017

For the year ending 31 October 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

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 notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 October 2017

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover is measured at the fair value of the consideration received or receivable and represents the amounts receivable for services provided in the normal course of business net of Value Added Tax.

  Tangible fixed assets depreciation policy

  Property, plant and equipment are initially recognised at cost.
  Property, plant and equipment are subsequently measured at cost less accumulated depreciation. Depreciation is provided for on all property, plant and equipment to write down the cost of the asset on a reducing balance basis over their estimated useful lives as follows:
  Office Equipment 25%

  Intangible fixed assets amortisation policy

  Intangible assets represent Development Costs capitalised. These are costs incurred in research and developing a product that is estimated to produce profits in coming years. Costs are to be written off on a straight line basis over a four year period, commencing initially in November 2011 at 25% per annum on the written down value.

  Other accounting policies

  Going Concern The accounts have been prepared on the going concern basis the validity of which is dependant upon the continued support of the company directors.

Notes to the Financial Statements

for the Period Ended 31 October 2017

2. Intangible assets

Intangible assets represent capitalised research and development costs

Notes to the Financial Statements

for the Period Ended 31 October 2017

3. Tangible assets

Notes to the Financial Statements

for the Period Ended 31 October 2017

4. Debtors

Notes to the Financial Statements

for the Period Ended 31 October 2017

5.Creditors: amounts falling due within one year note

Notes to the Financial Statements

for the Period Ended 31 October 2017

6.Creditors: amounts falling due after more than one year