Computer and Design Services Limited - Accounts to registrar (filleted) - small 18.2
Computer and Design Services Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 28th February 2018 |
| for |
| COMPUTER AND DESIGN SERVICES LIMITED |
| COMPUTER AND DESIGN SERVICES LIMITED (REGISTERED NUMBER: 01161218) |
| Contents of the Financial Statements |
| for the Year Ended 28th February 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| COMPUTER AND DESIGN SERVICES LIMITED |
| Company Information |
| for the Year Ended 28th February 2018 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| SENIOR STATUTORY AUDITOR: |
| AUDITORS: |
| Windover House |
| St Ann Street |
| Salisbury |
| Wiltshire |
| SP1 2DR |
| BANKERS: |
| 48 Blue Boar Row |
| Salisbury |
| Wiltshire |
| SP1 1DF |
| COMPUTER AND DESIGN SERVICES LIMITED (REGISTERED NUMBER: 01161218) |
| Balance Sheet |
| 28th February 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 3 |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on on its behalf by: |
| COMPUTER AND DESIGN SERVICES LIMITED (REGISTERED NUMBER: 01161218) |
| Notes to the Financial Statements |
| for the Year Ended 28th February 2018 |
| 1. | STATUTORY INFORMATION |
| Computer and Design Services Limited is a |
| 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 Financial Reporting Standard 102 |
| "The Financial Reporting Standard applicable in the UK and the Republic of Ireland" and the |
| Companies Act 2006. The financial statements have been prepared under the historical cost |
| convention and on a going concern basis. The financial statements are presented in sterling which is |
| the functional currency of the company. |
| Preparation of consolidated financial statements |
| The financial statements contain information about Computer and Design Services Limited as an |
| individual company and do not contain consolidated financial information as the parent of a group. The |
| company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare |
| consolidated financial statements as it and its subsidiary undertaking are included by full consolidation |
| in the consolidated financial statements of its parent, Gainpeak Limited, Arrowsmith Court, 10 Station |
| Approach, Broadstone, Dorset BH18 8AX. |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 |
| 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related |
| party transactions with wholly owned subsidiaries within the group. |
| Turnover |
| Turnover represents amounts receivable for goods and services net of VAT and trade discounts. |
| Where services such as maintenance contracts are supplied in a period following the year end the |
| relevant invoiced amount is treated as maintenance in advance. |
| Intangible assets |
| Intangible fixed assets relate to purchased software. This is amortised over its expected useful life of |
| three years. |
| Tangible fixed assets |
| Motor vehicles | - |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| COMPUTER AND DESIGN SERVICES LIMITED (REGISTERED NUMBER: 01161218) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28th February 2018 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| Research and development |
| Expenditure on research and development is written off in the year in which it is incurred. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at |
| the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of |
| exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at |
| the operating result. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the |
| period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the |
| company's pension scheme are charged to profit or loss in the period to which they relate. |
| Investments |
| Fixed Asset Investments are stated at cost less provision for impairment in value. |
| COMPUTER AND DESIGN SERVICES LIMITED (REGISTERED NUMBER: 01161218) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28th February 2018 |
| 3. | INTANGIBLE FIXED ASSETS |
| Other |
| intangible |
| assets |
| £ |
| COST |
| At 1st March 2017 |
| and 28th February 2018 |
| AMORTISATION |
| At 1st March 2017 |
| and 28th February 2018 |
| NET BOOK VALUE |
| At 28th February 2018 |
| At 28th February 2017 |
| 4. | TANGIBLE FIXED ASSETS |
| Motor |
| vehicles |
| £ |
| COST |
| At 1st March 2017 |
| and 28th February 2018 |
| DEPRECIATION |
| At 1st March 2017 |
| Charge for year |
| At 28th February 2018 |
| NET BOOK VALUE |
| At 28th February 2018 |
| At 28th February 2017 |
| 5. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1st March 2017 |
| and 28th February 2018 |
| NET BOOK VALUE |
| At 28th February 2018 |
| At 28th February 2017 |
| COMPUTER AND DESIGN SERVICES LIMITED (REGISTERED NUMBER: 01161218) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28th February 2018 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Maintenance in advance |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 8. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 2018 | 2017 |
| £ | £ |
| Within one year |
| Between one and five years |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2018 | 2017 |
| value: | £ | £ |
| Ordinary shares | £1 | 100 | 100 |
| 10. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| COMPUTER AND DESIGN SERVICES LIMITED (REGISTERED NUMBER: 01161218) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28th February 2018 |
| 11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 28th February 2018 |
| and 28th February 2017: |
| 2018 | 2017 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| 12. | RELATED PARTY DISCLOSURES |
| Advantage has been taken of the exemption conferred by Section 33.1A of FRS 102 in respect of |
| related party transactions with Gainpeak Limited on the grounds that Computer and Design Services |
| Limited is a wholly owned subsidiary. |
| 13. | ULTIMATE CONTROLLING PARTY |
| The controlling party is Gainpeak Limited. |
| The ultimate controlling party is |