ADVICEPLUS LIMITED

ADVICEPLUS LIMITED

ADVICEPLUS LIMITED - Company Information

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ADVICEPLUS LIMITED

Company Registration Number:
05401514 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

ADVICEPLUS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2018

Balance sheet
Notes

ADVICEPLUS LIMITED

Balance sheet

As at 31 March 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 321 442
Total fixed assets: 321 442
Current assets
Debtors:   25 31
Cash at bank and in hand: 50,989 36,333
Total current assets: 51,014 36,364
Creditors: amounts falling due within one year:   (35,184) (28,546)
Net current assets (liabilities): 15,830 7,818
Total assets less current liabilities: 16,151 8,260
Total net assets (liabilities): 16,151 8,260
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 16,149 8,258
Shareholders funds: 16,151 8,260

The notes form part of these financial statements

ADVICEPLUS LIMITED

Balance sheet statements

For the year ending 31 March 2018 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 October 2018
and signed on behalf of the board by:

Name: Mr K Eastwood
Status: Director

The notes form part of these financial statements

ADVICEPLUS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

1. Accounting policies

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 recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:Plant and machinery 15% on cost

ADVICEPLUS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Employees

2018 2017
Average number of employees during the period 2 2

ADVICEPLUS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

3. Tangible Assets

Total
Cost £
At 01 April 2017 804
At 31 March 2018 804
Depreciation
At 01 April 2017 362
Charge for year 121
At 31 March 2018 483
Net book value
At 31 March 2018 321
At 31 March 2017 442