Exhibit4U Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07946671 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Exhibit4U Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S A Bennett

REGISTERED OFFICE:

Newlands House One

Inspire Business Park

Newlands Way

Bradford

BD10 0JE

REGISTERED NUMBER:

07946671 (England and Wales)

ACCOUNTANTS:

Sochall Smith Limited

Chartered Accountants

3 Park Square

Leeds

LS1 2NE

FIXED ASSETS

Tangible assets

4

630

900

CURRENT ASSETS

Stocks

700

Debtors

5

47,086

51,347

Cash at bank

13,612

5,207

61,398

57,254

CREDITORS

Amounts falling due within one year

6

32,841

34,042

NET CURRENT ASSETS

28,557

23,212

TOTAL ASSETS LESS CURRENT
LIABILITIES

29,187

24,112

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

29,185

24,110

SHAREHOLDERS' FUNDS

29,187

24,112

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 30 October 2018 and were signed by:

S A Bennett - Director

1.	STATUTORY INFORMATION

Exhibit4U Limited is a private company, limited by shares , registered in England and Wales. 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 represents net invoiced sales of goods and services, net of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 April 2017

and 31 March 2018

1,350

DEPRECIATION

At 1 April 2017

450

Charge for year

270

At 31 March 2018

720

NET BOOK VALUE

At 31 March 2018

630

At 31 March 2017

900

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Trade debtors

21,055

28,237

Amount owed by related undertakings

25,561

22,640

Prepayments and accrued income

470

47,086

51,347

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Trade creditors

20,010

21,111

Corporation tax

3,600

4,951

VAT

2,182

Amounts owed to related undertakings

1,549

298

Accrued expenses

5,500

32,841

34,042

7.	RELATED PARTY DISCLOSURES

At 31st March 2018 the company was owed an amount of £23,955 (2017: £20,494) from Webposse Limited and

an amount of £1,606 (2017: £2,146) from Claret Media LLP. At 31st March 2018 the company owed an amount

of £1,549 (2017: £298) to Thinksquad Limited.

Webposse Limited, Thinksquad Limited and Claret Media LLP are all under the same control as Exhibit4U

Limited.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is S A Bennett.

Exhibit4U Limited - Accounts to registrar (filleted) - small 18.1

Exhibit4U Limited - Accounts to registrar (filleted) - small 18.1