IDIGITAL-ADORAVEL LTD - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07367867

Unaudited Financial Statements for the Year Ended 31 December 2017

for

IDIGITAL-ADORAVEL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms C Oriaku

REGISTERED OFFICE:

121 Saltram Crescent

Maida Vale

London

W9 3JT

REGISTERED NUMBER:

07367867

ACCOUNTANTS:

Taxpoint Direct Limited

Chartered Certified Accountants &Tax Consultants

Mae House

Marlborough Business Centre

96 Geroge Lane

South Woodford

London

E18 1AD

FIXED ASSETS

Tangible assets

3

197

263

CURRENT ASSETS

Cash at bank and in hand

138,009

100,756

CREDITORS

Amounts falling due within one year

4

50,417

50,974

NET CURRENT ASSETS

87,592

49,782

TOTAL ASSETS LESS CURRENT LIABILITIES

87,789

50,045

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

87,689

49,945

SHAREHOLDERS' FUNDS

87,789

50,045

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

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

The director acknowledges her 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 28 September 2018 and were signed by:

Ms C Oriaku - Director

1.	STATUTORY INFORMATION

IDIGITAL-ADORAVEL LTD is a private company, limited by shares , registered in Not specified/Other. 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.

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

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 January 2017

and 31 December 2017

650

583

1,233

DEPRECIATION

At 1 January 2017

534

436

970

Charge for year

29

37

66

At 31 December 2017

563

473

1,036

NET BOOK VALUE

At 31 December 2017

87

110

197

At 31 December 2016

116

147

263

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade creditors

1

494

Tax

9,009

9,134

Social security and other taxes

326

366

Directors' current accounts

41,081

38,580

Accrued expenses

-

2,400

50,417

50,974