|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 May 2017 |
|
for |
|
Argee Instrument Co Limited(The) |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 May 2017 |
|
for |
|
Argee Instrument Co Limited(The) |
Argee Instrument Co Limited(The) (Registered number: 00660736) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 31 May 2017 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Statement of Financial Position | 2 |
|
Notes to the Financial Statements | 3 |
|
Argee Instrument Co Limited(The) |
|
Company Information |
for the Year Ended 31 May 2017 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
The Old Grange |
Warren Estate |
Lordship Road |
Writtle |
Essex |
CM1 3WT |
Argee Instrument Co Limited(The) (Registered number: 00660736) |
|
Statement of Financial Position |
31 May 2017 |
|
2017 | 2016 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 5 |
|
|
NET CURRENT ASSETS/(LIABILITIES) |
|
( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
( |
) |
|
CAPITAL AND RESERVES |
Called up share capital | 6 |
|
|
Retained earnings | 7 |
|
( |
) |
SHAREHOLDERS' FUNDS |
|
( |
) |
|
|
|
|
|
The directors acknowledge their 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. |
|
|
|
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
by: |
|
|
|
|
|
|
|
Argee Instrument Co Limited(The) (Registered number: 00660736) |
|
Notes to the Financial Statements |
for the Year Ended 31 May 2017 |
|
1. | STATUTORY INFORMATION |
|
Argee Instrument Co Limited(The) is a
|
The company's registered number and registered office address can be found on the Company Information page. |
|
The presentation currency of the financial statements is the Pound Sterling (£). |
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
|
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 statement of financial position date. |
|
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. |
|
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. |
|
Significant judgements and estimates |
No significant judgements or estimations have been applied in the preparation of the financial statements. |
|
Debtors |
Short term debtors are measured at transaction price, less any impairment. |
|
Creditors |
Short term creditors are measured at the transaction price. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
Argee Instrument Co Limited(The) (Registered number: 00660736) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 May 2017 |
|
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
|
|
Directors' current accounts | 2,464 | - |
VAT |
|
|
|
|
|
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
VAT | 748 | - |
Other creditors |
|
|
|
|
|
6. | CALLED UP SHARE CAPITAL |
|
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2017 | 2016 |
value: | £ | £ |
|
Ordinary | £1 | 5,000 | 5,000 |
|
7. | RESERVES |
Retained |
earnings |
£ |
|
At 1 June 2016 | ( |
) |
Profit for the year |
|
Dividends | ( |
) |
At 31 May 2017 |
|
|
8. | RELATED PARTY DISCLOSURES |
|
During the year, total dividends of £1,000 were paid to the directors . |
|
Balances with related parties |
At the balance sheet date the following amounts were owed by the directors: |
2017 | 2016 |
£ | £ |
N W Goss | 2,209 | - |
Mrs P Goss | 255 | - |
|
9. | ULTIMATE CONTROLLING PARTY |
|
The company's ultimate controlling party is Mrs P Goss. |
Argee Instrument Co Limited(The) (Registered number: 00660736) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 May 2017 |
|
10. | FIRST YEAR ADOPTION |
|
The financial statements for the year ended 31 May 2017 are the first financial statements that comply with FRS |
102 Section 1A for small entities. The date of transition is 1 June 2016. |
|
The accounting policies previously applied under FRSSE 2015 are not materially different to those required |
under FRS 102 Section 1A for small entities. There are therefore no transitional adjustments and no impact on |
either the company's equity or profit. |
|