The Corporate Action Company Ltd,Ltd - AccountsLtd - Accounts

The Corporate Action Company Ltd,Ltd - AccountsLtd - Accounts

THE CORPORATE ACTION COMPANY LIMITED - Company Information

Print Friendly Version

2017-04-01 04042724 2018-03-31 04042724 2017-04-01 2018-03-31 04042724 2017-03-31 04042724 2016-04-01 2017-03-31 04042724 uk-core:WithinOneYear 2017-03-31 04042724 uk-core:WithinOneYear 2018-03-31 04042724 uk-core:ShareCapital 2018-03-31 04042724 uk-core:ShareCapital 2017-03-31 04042724 uk-core:RetainedEarningsAccumulatedLosses 2018-03-31 04042724 uk-core:RetainedEarningsAccumulatedLosses 2017-03-31 04042724 uk-bus:Director1 2017-04-01 2018-03-31 04042724 uk-core:ToolsEquipment 2017-04-01 2018-03-31 04042724 uk-core:MotorVehicles 2017-04-01 2018-03-31 04042724 uk-core:ToolsEquipment 2017-03-31 04042724 uk-core:MotorVehicles 2017-03-31 04042724 uk-core:MotorVehicles 2018-03-31 04042724 uk-core:ToolsEquipment 2018-03-31 iso4217:GBP 04042724 uk-bus:AuditExempt-NoAccountantsReport 2017-04-01 2018-03-31 04042724 uk-bus:FRS102 2017-04-01 2018-03-31 04042724 uk-bus:FullAccounts 2017-04-01 2018-03-31 04042724 uk-bus:PrivateLimitedCompanyLtd 2017-04-01 2018-03-31
Draft
The Corporate Action Company Ltd
Registered Number:04042724
For the year ended 31 March 2018
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 March 2018
The Corporate Action Company Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
As at 31 March 2018
The Corporate Action Company Ltd
Statement of Financial Position
Registered Number :
04042724
£
£
2017
2018
Notes
Fixed assets
Property, plant and equipment
14,250
17,951
2
14,250
17,951
Current assets
Trade and other receivables
24,964
56,477
3
1,545,477
Cash and cash equivalents
1,672,246
1,728,723
1,570,441
Trade and other payables: amounts falling due within one year
(988,532)
(985,533)
4
581,909
743,190
Net current assets
Total assets less current liabilities
757,440
599,860
757,440
Net assets
599,860
Capital and reserves
Called up share capital
100
100
Retained earnings
757,340
599,760
757,440
599,860
Shareholders' funds
For the year ended 31 March 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
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 proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Shaun Woodrow Director
These financial statements were approved and authorised for issue by the Board on 17 December 2018 and were signed by:
The notes form part of these financial statements
1 of 3
4
Draft
For the year ended 31 March 2018
The Corporate Action Company Ltd
Notes to the Financial Statements
Statutory Information
The Corporate Action Company Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04042724.
Registered address:
New Broad Street House
35 New Broad Street
London
EC2M 1NH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as modified by the revaluation of certain
assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 Reducing balance
Computer equipment
25 Reducing balance
Motor vehicles
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
£
£
£
Cost or valuation
At 01 April 2017
30,870
2,470
28,400
983
983
-
Additions
At 31 March 2018
28,400
3,453
31,853
Provision for depreciation and impairment
At 01 April 2017
12,919
494
12,425
Charge for year
4,684
690
3,994
At 31 March 2018
17,603
1,184
16,419
At 31 March 2018
Net book value
11,981
2,269
14,250
At 31 March 2017
15,975
1,976
17,951
2 of 3
5
Draft
For the year ended 31 March 2018
The Corporate Action Company Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2017
2018
£
£
Other debtors
56,477
24,964
4. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Trade creditors
8,227
10,942
Taxation and social security
126,118
85,431
Other creditors
851,188
892,159
985,533
988,532
3 of 3