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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 30 JUNE 2017 |
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REFERENCELINE LIMITED |
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REGISTERED NUMBER:
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 30 JUNE 2017 |
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REFERENCELINE LIMITED |
REFERENCELINE LIMITED (REGISTERED NUMBER: 03341734) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 June 2017 |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 4 |
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REFERENCELINE LIMITED |
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COMPANY INFORMATION |
FOR THE YEAR ENDED 30 June 2017 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Chartered Accountants |
Newtown House |
38 Newtown Road |
Liphook |
Hampshire |
GU30 7DX |
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BANKERS: |
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P O Box 58 |
Farnham |
Surrey |
GU9 7YH |
REFERENCELINE LIMITED (REGISTERED NUMBER: 03341734) |
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BALANCE SHEET |
30 June 2017 |
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2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
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Tangible assets | 5 |
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CURRENT ASSETS |
Debtors | 6 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 7 |
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NET CURRENT LIABILITIES | ( |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CREDITORS |
Amounts falling due after more than one
year |
8 |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital |
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Revaluation reserve | 9 |
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Retained earnings | ( |
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SHAREHOLDERS' FUNDS |
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The directors acknowledge their responsibilities for: |
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ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and |
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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. |
REFERENCELINE LIMITED (REGISTERED NUMBER: 03341734) |
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BALANCE SHEET - continued |
30 June 2017 |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors on
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REFERENCELINE LIMITED (REGISTERED NUMBER: 03341734) |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 June 2017 |
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1. | STATUTORY INFORMATION |
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Referenceline Limited is a
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registered number and registered office address can be found on the Company Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover represents net invoices for services provided, excluding VAT. Charges for services still to be provided |
are carried forward as a current liability to be matched to the relevant period when the service is to be provided. |
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Trademarks & domain names |
The cost of trademarks and domain names are not depreciated. |
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Software development |
The cost of software development is amortised over 5 years from the date of the cost being incurred. |
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Database |
The database has been valued in the year with reference to the cost to compile the database and future earnings |
potential. The directors will review the underlying assumption on an annual basis. |
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Tangible fixed assets |
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Improvements to property | - |
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Computer and other equipment | - |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was
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REFERENCELINE LIMITED (REGISTERED NUMBER: 03341734) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 June 2017 |
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4. | INTANGIBLE FIXED ASSETS |
Trademark |
& domain | Software |
names | Database | development | Totals |
£ | £ | £ | £ |
COST |
At 1 July 2016 |
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Additions |
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At 30 June 2017 |
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AMORTISATION |
At 1 July 2016 |
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Amortisation for year |
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At 30 June 2017 |
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NET BOOK VALUE |
At 30 June 2017 |
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At 30 June 2016 |
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The accumulated database of references has been valued by the directors at £300,000 based on the cost to |
compile the database and the future earnings potential from the registered firms to which they relate. |
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5. | TANGIBLE FIXED ASSETS |
Improvements | Computer |
to | and other |
property | equipment | Totals |
£ | £ | £ |
COST |
At 1 July 2016 |
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Additions |
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At 30 June 2017 |
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DEPRECIATION |
At 1 July 2016 |
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Charge for year |
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At 30 June 2017 |
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NET BOOK VALUE |
At 30 June 2017 |
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At 30 June 2016 |
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REFERENCELINE LIMITED (REGISTERED NUMBER: 03341734) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 June 2017 |
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6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
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Other debtors |
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7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Bank loans and overdrafts |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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Other creditors include £20,015 (2016 £22,271) for services invoiced in the year that are for delivery post 30 |
June 2017. |
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8. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
2017 | 2016 |
£ | £ |
Bank loans |
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Other creditors |
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9. | RESERVES |
Revaluation |
reserve |
£ |
At 1 July 2016 |
and 30 June 2017 |
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