Tormarton Utilities Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08735114 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Tormarton Utilities Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R A Leslie

REGISTERED OFFICE:

The Old School House

Tormarton

Gloucestershire

GL9 1HZ

REGISTERED NUMBER:

08735114 (England and Wales)

ACCOUNTANTS:

R A Leslie & Co. LLP

Chartered Accountants

Gowran House

56 Broad Street

Chipping Sodbury

Bristol

BS37 6AG

FIXED ASSETS

Intangible assets

3

20,609

33,800

CURRENT ASSETS

Debtors

4

1,222

190

Cash at bank

1,111

3,753

2,333

3,943

CREDITORS

Amounts falling due within one year

5

967

813

NET CURRENT ASSETS

1,366

3,130

TOTAL ASSETS LESS CURRENT LIABILITIES

21,975

36,930

CREDITORS

Amounts falling due after more than one year

6

21,975

36,975

NET LIABILITIES

-

(45

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(100

)

(145

)

SHAREHOLDERS' FUNDS

-

(45

)

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 31 October 2018 and were signed by:

R A Leslie - Director

1.	STATUTORY INFORMATION

Tormarton Utilities 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 the amounts, inclusive of VAT, in respect of commissions received.

Goodwill

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

life.

Goodwill 14.15% on cost per annum (previously 17.7%)

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

3.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2017

and 31 March 2018

93,275

AMORTISATION

At 1 April 2017

59,475

Amortisation for year

13,191

At 31 March 2018

72,666

NET BOOK VALUE

At 31 March 2018

20,609

At 31 March 2017

33,800

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Sundry debtors and prepayments

1,222

190

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Social security and other taxes

967

813

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.18

31.3.17

£

£

Director's loan account

21,975

36,975

7.	RELATED PARTY DISCLOSURES