Added Value Marketing Limited,Ltd - AccountsLtd - Accounts

Added Value Marketing Limited,Ltd - AccountsLtd - Accounts

ADDED VALUE MARKETING LIMITED - Company Information

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2017-05-01 07217145 2018-04-30 07217145 2017-05-01 2018-04-30 07217145 2017-04-30 07217145 2016-05-01 2017-04-30 07217145 uk-core:WithinOneYear 2017-04-30 07217145 uk-core:WithinOneYear 2018-04-30 07217145 uk-core:ShareCapital 2018-04-30 07217145 uk-core:ShareCapital 2017-04-30 07217145 uk-core:RetainedEarningsAccumulatedLosses 2018-04-30 07217145 uk-core:RetainedEarningsAccumulatedLosses 2017-04-30 07217145 uk-bus:Director1 2017-05-01 2018-04-30 07217145 uk-core:FurnitureFittingsToolsEquipment 2017-05-01 2018-04-30 07217145 2 uk-bus:Director1 2017-05-01 2018-04-30 07217145 2 uk-bus:Director1 2017-04-30 07217145 2 uk-bus:Director1 2018-04-30 iso4217:GBP xbrli:pure 07217145 uk-bus:AuditExemptWithAccountantsReport 2017-05-01 2018-04-30 07217145 uk-bus:FRS102 2017-05-01 2018-04-30 07217145 uk-bus:FullAccounts 2017-05-01 2018-04-30 07217145 uk-bus:PrivateLimitedCompanyLtd 2017-05-01 2018-04-30
Added Value Marketing Limited
Registered Number:07217145
For the year ended 30 April 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2018
Added Value Marketing Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
As at 30 April 2018
Added Value Marketing Limited
Statement of Financial Position
Registered Number :
07217145
£
£
2017
2018
Notes
Fixed assets
Property, plant and equipment
1,618
1,220
2
1,618
1,220
Current assets
Trade and other receivables
18,277
21,434
3
13,023
Cash and cash equivalents
9,126
30,560
31,300
Trade and other payables: amounts falling due within one
year
(36,170)
(38,933)
4
(4,870)
(8,373)
Net current liabilities
Total assets less current liabilities
(6,755)
(3,650)
(307)
(232)
Provisions for liabilities
(7,062)
Net liabilities
(3,882)
Capital and reserves
Called up share capital
100
100
Retained earnings
(7,162)
(3,982)
(7,062)
(3,882)
Shareholders' funds
For the year ended 30 April 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 30 April 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.
P L Gordon Director
These financial statements were approved and authorised for issue by the Board on 04 December 2018 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 April 2018
Added Value Marketing Limited
Notes to the Financial Statements
Statutory Information
Added Value Marketing Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07217145.
Principal place of business:
The Cottage
California Lane
Bushey Heath
Hertfordshire
WD23 1EP
Registered address:
63 High Road
Bushey Heath
Hertfordshire
WD23 1EE
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.
Revenue recognition
Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed.
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
Fixtures and fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2 of 4
5
For the year ended 30 April 2018
Added Value Marketing Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Fixtures and
fittings
£
Cost or
valuation
At 01 May 2017
3,608
937
Additions
At 30 April 2018
4,545
Provision for depreciation and impairment
At 01 May 2017
2,388
Charge for year
539
At 30 April 2018
2,927
At 30 April 2018
Net book value
1,618
At 30 April 2017
1,220
3. Trade and other receivables
2017
2018
£
£
Trade debtors
8,400
15,150
Other debtors
13,034
3,127
18,277
21,434
4. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Trade creditors
485
495
Taxation and social security
38,038
35,065
Other creditors
410
610
38,933
36,170
5. Related party transactions
During the period the company paid to P L Gordon voted dividends of £48,560 (£60,000 in 2017) and to N T Gordon
(his wife) £12,140 (£15,000 in 2017). Since the balance sheet date additional dividends of £37,760 and £9,440
respectively have been paid.
3 of 4
6
For the year ended 30 April 2018
Added Value Marketing Limited
Notes to the Financial Statements Continued
6. Directors advances and guarantees
Loaned
Repaid
Interest
At 01/05/2017
At 30/04/2018
£
£
£
£
£
P L Gordon
Director' Loan
1,925
12,449
15,478
5,214
261
1,925
12,449
15,478
5,214
261
7. Average number of persons employed
During the year the average number of employees was 2 (2017 : 2)
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