Registered number: 03681944 | ||||||||
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FOR THE YEAR ENDED 31/05/2018 | ||||||||
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Prepared By: | ||||||||
David Reed Associates Ltd | ||||||||
54D Frome Road | ||||||||
Bradford on Avon | ||||||||
Wiltshire | ||||||||
BA15 1LA |
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David Reed Associates Ltd | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2018 | ||||||||
DIRECTORS | ||||||||
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REGISTERED OFFICE | ||||||||
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Wiltshire | ||||||||
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COMPANY DETAILS | ||||||||
Private company limited by shares registered in UK, registered number 03681944 | ||||||||
ACCOUNTANTS | ||||||||
David Reed Associates Ltd | ||||||||
54D Frome Road | ||||||||
Bradford on Avon | ||||||||
Wiltshire | ||||||||
BA15 1LA |
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David Reed Associates Ltd | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2018 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
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David Reed Associates Ltd | ||||||||
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BALANCE SHEET AT
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2018 | 2017 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 |
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CURRENT ASSETS | ||||||||||
Debtors | 4 |
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Cash at bank and in hand |
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345,940 | 285,482 | |||||||||
CREDITORS: Amounts falling due within one year | 5 |
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NET CURRENT ASSETS |
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51,390 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
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PROVISIONS FOR LIABILITIES AND CHARGES | 7 |
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NET ASSETS |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 |
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Profit and loss account | 49,619 | 55,707 | ||||||||
SHAREHOLDERS' FUNDS |
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Approved by the board on
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............................. | ||||||||||
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Director | ||||||||||
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David Reed Associates Ltd | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/05/2018 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Depreciation | ||||||||
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Plant and Machinery | 25% | |||||||
Equipment | 25% |
1b. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
1c. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
1d. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
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David Reed Associates Ltd | ||||||||
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2. TANGIBLE FIXED ASSETS | ||||||
Plant and | ||||||
Machinery | Equipment | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/06/2017 | 15,527 | 5,522 | 21,049 | |||
Additions | 1,708 | 2,745 | 4,453 | |||
Disposals | (109) | - | (109) | |||
At 31/05/2018 | 17,126 | 8,267 | 25,393 | |||
Depreciation | ||||||
At 01/06/2017 | 14,698 | 1,934 | 16,632 | |||
Disposals | (48) | - | (48) | |||
For the year | 634 | 2,217 | 2,851 | |||
At 31/05/2018 | 15,284 | 4,151 | 19,435 | |||
Net Book Amounts | ||||||
At 31/05/2018 |
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5,958 | |||
At 31/05/2017 |
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4,417 | |||
3. FiNANCIAL ASSETS | |||||||||
Other | |||||||||
Investments | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 01/06/2017 | 22,500 | 22,500 | |||||||
At 31/05/2018 | 22,500 | 22,500 | |||||||
Amortisation | |||||||||
At 01/06/2017 | 22,500 | 22,500 | |||||||
At 31/05/2018 | 22,500 | 22,500 | |||||||
Net Book Amounts | |||||||||
4. DEBTORS | 2018 | 2017 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 165,151 | 121,590 | ||||||
Other debtors | 83,734 | 98,003 | ||||||
Prepayments | 3,252 | 2,771 | ||||||
252,137 | 222,364 | |||||||
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David Reed Associates Ltd | ||||||||
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5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2018 | 2017 | |||||||
£ | £ | |||||||
Other tax and social security | 46,545 | 47,353 | ||||||
Payments received on account | 5,000 | - | ||||||
Trade creditors | 22,150 | 16,512 | ||||||
Other creditors | 199,841 | 167,556 | ||||||
Accruals | 14,262 | 2,671 | ||||||
287,798 | 234,092 | |||||||
6. EMPLOYEES | ||||||
2018 | 2017 | |||||
No. | No. | |||||
Average number of employees | 8 | 5 | ||||
7. PROVISIONS FOR LIABILITIES | 2018 | 2017 | ||||||
£ | £ | |||||||
Deferred taxation | 1,013 | - | ||||||
Bad Debts | 13,368 | - | ||||||
14,381 | - | |||||||
8. SHARE CAPITAL | 2018 | 2017 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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25 | 25 | ||||||
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25 | 25 | ||||||
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25 | 25 | ||||||
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25 | 25 | ||||||
100 | 100 | |||||||