ACCOUNTS - Final Accounts

Caseware UK (AP4) 2016.0.208 2016.0.208 2018-03-312018-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetrueThe principal activity of the Company continued to be that of project management services.false2017-04-01 06194959 2017-04-01 2018-03-31 06194959 2016-04-01 2017-03-31 06194959 2018-03-31 06194959 2017-03-31 06194959 c:Director1 2017-04-01 2018-03-31 06194959 d:CurrentFinancialInstruments 2018-03-31 06194959 d:CurrentFinancialInstruments 2017-03-31 06194959 d:CurrentFinancialInstruments d:WithinOneYear 2018-03-31 06194959 d:CurrentFinancialInstruments d:WithinOneYear 2017-03-31 06194959 d:ShareCapital 2018-03-31 06194959 d:ShareCapital 2017-03-31 06194959 d:RetainedEarningsAccumulatedLosses 2018-03-31 06194959 d:RetainedEarningsAccumulatedLosses 2017-03-31 06194959 c:FRS102 2017-04-01 2018-03-31 06194959 c:AuditExempt-NoAccountantsReport 2017-04-01 2018-03-31 06194959 c:FullAccounts 2017-04-01 2018-03-31 06194959 c:PrivateLimitedCompanyLtd 2017-04-01 2018-03-31 iso4217:GBP xbrli:pure

Registered number: 06194959

GIRARD LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2018

GIRARD LIMITED

REGISTERED NUMBER: 06194959

BALANCE SHEET

AS AT 31 MARCH 2018

		2018		2017
Note		£		£


Current assets
Debtors: amounts falling due within one year	5	25,384		26,410
Cash at bank and in hand	6	57,748		33,762
		83,132		60,172
Creditors: amounts falling due within one year	7	(36,632)		(29,104)
Net current assets			46,500		31,068
Total assets less current liabilities			46,500		31,068

Net assets			46,500		31,068

Capital and reserves
Called up share capital	100	100
Profit and loss account	46,400	30,968
	46,500	31,068

The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

D Girard-Kerrison

Director

Date: 5 November 2018

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GIRARD LIMITED

REGISTERED NUMBER: 06194959

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2018

The notes on pages 3 to 5 form part of these financial statements.

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GIRARD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

1.	General information

Girard Limited is a company limited by shares and incorporated in England & Wales under the Companies Act 2006. The address of the registered office is given on the company information page. The nature of the Company's operations and its principal activities are set out in the Directors’ report.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Interest income

Interest income is recognised in the Profit and Loss Account using the effective interest method.

2.4

Taxation

Tax is recognised in the Profit and Loss Account, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

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GIRARD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

2.Accounting policies (continued)

2.5

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.7

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. The nature of estimation means the actual outcomes could differ from those estimates.

Employees

The average monthly number of employees, including directors, during the year was 1 (2017 - 1).

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GIRARD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

Debtors

					2018	2017
					£	£


Trade debtors	25,384	19,167
Other debtors	-	7,243
	25,384	26,410

6.	Cash and cash equivalents
		2018	2017
		£	£

Cash at bank and in hand	57,748	33,762
	57,748	33,762

7.	Creditors: Amounts falling due within one year
		2018	2017
		£	£

Corporation tax	12,181	12,060
Other creditors	22,517	15,358
Accruals and deferred income	1,934	1,686
	36,632	29,104

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