Adaptive Finance Limited - Period Ending 2017-06-30

Adaptive Finance Limited - Period Ending 2017-06-30


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Registration number: 08738870

Adaptive Finance Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2017

APL Accountants Limited
Chartered Accountants

 

Adaptive Finance Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 5

Notes to the Financial Statements

4

 

Adaptive Finance Limited

Company Information

Directors

Ms Sarah Elizabeth Bradwell

Mrs Karen Ball

Registered office

Suite C1
Conway House
Ackhurst Business Park
Chorley
Lancashire
PR7 1NY

Accountants

APL Accountants Limited
Chartered Accountants

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Adaptive Finance Limited
for the Year Ended 30 June 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Adaptive Finance Limited for the year ended 30 June 2017 as set out on pages 3 to 5 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 at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Adaptive Finance Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Adaptive Finance Limited and state those matters that we have agreed to state to the Board of Directors of Adaptive Finance Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Adaptive Finance Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Adaptive Finance Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Adaptive Finance Limited. You consider that Adaptive Finance 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 accounts of Adaptive Finance 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 accounts.

......................................

APL Accountants Limited
Chartered Accountants

29 March 2018

 

Adaptive Finance Limited

(Registration number: 08738870)
Balance Sheet as at 30 June 2017

Note

2017
£

2016
£

Current assets

 

2,663

2,945

Creditors: Amounts falling due within one year

 

(2,167)

(5,624)

Total assets less current liabilities

 

496

(2,679)

Creditors: Amounts falling due after more than one year

 

-

(10,285)

   

496

(12,964)

Capital and reserves

 

496

(12,964)

 

Adaptive Finance Limited

(Registration number: 08738870)
Balance Sheet as at 30 June 2017

Notes to the Financial Statements for the Year Ended 30 June 2017

1

General information

The company is a private company limited by share capital incorporated in Other.

The address of its registered office is:
Suite C1
Conway House
Ackhurst Business Park
Chorley
Lancashire
PR7 1NY
England

These financial statements were authorised for issue by the Board on 29 March 2018.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

 

Adaptive Finance Limited

(Registration number: 08738870)
Balance Sheet as at 30 June 2017

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 30 June 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 of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 29 March 2018 and signed on its behalf by:
 

.........................................

Ms Sarah Elizabeth Bradwell

Director