Company Registration No. 04142805 (England and Wales)
Next Call Limited
Unaudited accounts
for the year ended 31 March 2018
Next Call Limited
Unaudited accounts
Contents
Next Call Limited
Company Information
for the year ended 31 March 2018
Company Number
04142805 (England and Wales)
Registered Office
46 Queen Street
Henley On Thames
Oxon
RG9 1AP
Accountants
Yannons Chartered Accountants
The Gallery
New Quay Street
Teignmouth
Devon
TQ14 8DA
Next Call Limited
Statement of financial position
as at 31 March 2018
Tangible assets
5,308
2,223
Cash at bank and in hand
32,572
52,983
Creditors: amounts falling due within one year
(60,721)
(64,498)
Net current assets
36,564
40,579
Total assets less current liabilities
41,872
42,802
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
40,862
42,378
Shareholders' funds
40,864
42,380
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 21 December 2018.
S J Gutteridge
Director
Company Registration No. 04142805
Next Call Limited
Notes to the Accounts
for the year ended 31 March 2018
Next Call Limited is a private company, limited by shares, registered in England and Wales, registration number 04142805. The registered office is 46 Queen Street, Henley On Thames, Oxon, RG9 1AP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost
Fixtures & fittings
20% on cost
Computer equipment
25% on cost
Turnover represents the gross invoice value of services delivered in the year less the related VAT payable.
The company operates a money purchase pension scheme for the benefit of its director. Contributions payable are recognised in the profit and loss account in the period in which they are paid.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Next Call Limited
Notes to the Accounts
for the year ended 31 March 2018
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2017
2,740
976
3,716
At 31 March 2018
6,265
1,705
7,970
At 1 April 2017
802
691
1,493
Charge for the year
969
200
1,169
At 31 March 2018
1,771
891
2,662
At 31 March 2018
4,494
814
5,308
At 31 March 2017
1,938
285
2,223
Trade debtors
46,548
45,619
Accrued income and prepayments
18,165
6,475
6
Creditors: amounts falling due within one year
2018
2017
Trade creditors
9,781
20,240
Taxes and social security
31,434
34,504
Loans from directors
218
350
Deferred income
13,750
5,600
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
The company operates a money purchase pension scheme. The pension charge for the year represents contributions paid by the company to the scheme and amounted to £2,400 (2017: £2,400).
Next Call Limited
Notes to the Accounts
for the year ended 31 March 2018
9
Operating lease commitments
2018
2017
At 31 March 2018 the company has commitments under non-cancellable operating leases as follows:
Operating leases expiring:
Within two to five years
10,402
-
10
Average number of employees
During the year the average number of employees was 1 (2017: 2).
