for the Period Ended 31 March 2017
Company Information - 3 | |
Report of the Directors - 4 | |
Profit and Loss Account - 5 | |
Balance sheet - 6 | |
Additional notes - 8 |
for the Period Ended 31 March 2017
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The directors present their report with the financial statements of the company for the period ended 31 March 2017
Principal Activities
Additional information
I am pleased to present my report for the financial year ended 31st March 2017. We are now in what has proved to be a mostly transitional year of operation, with turnover falling this time to £829 and a small profit of £20 duly recorded. However these substantially lower performance figures are in line with expectations re. a year where much time was taken up on ongoing research projects and finding a new site for the premises in Wiltshire. This of course left little available time to do chargeable wok. Furthermore the ongoing research process has found considerable more material than originally envisaged. Current estimates indicate that this ongoing viewing process will continue into the new financial year and may even stretch into 2018-2019. As such the third editions of the England Rugby Chronicle book project are now scheduled to be published in 2019 to coincide with the next Rugby World Cup. I am confident that the finished product will be worth the wait, such is the value of the new research material to the overall product. So there could well be a lean time for Anoeth in the near future in turns of turnover, but I am confident the company will have the strength to endure what is to come in 2017-2018. In the meantime there are a number of plus points: All existing paperback, PDF, Kindle and Smashwords e-book versions of the England Rugby Chronicle book project continue to sell. Social media has proved to be a useful and cost-effective tool for raising the profile of the project. Plans are in hand to market the new editions by way of sending mailshots to the physical address of rugby clubs in England. Furthermore in future Anoeth will be able to provide guidance at various fairs, festivals and shows, where of course copies of the England Rugby Chronicle paperback will be on sale too. Moreover there is always the possibility of future ongoing clients in the field of private history tutoring for schoolchildren, this time in the business’ new location in Wiltshire. Anoeth Limited continues to maintain a small webshop selling books on Abebooks and it is envisaged there will more of a presence on musical recording and rugby memorabilia online trading sites in 2017-2018. I have decided not to propose any dividends to the shareholders for the financial year 2016-2017. Funds will be required to market the England Rugby Chronicle in due course. Of course the matter of future dividends will be placed up for discussion at the next AGM on 22nd December 2017. The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
Directors
The directors shown below have held office during the whole of the period from 01 April 2016 to 31 March 2017
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
for the Period Ended 31 March 2017
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The notes form part of these financial statements
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The notes form part of these financial statements
As at 31 March 2017
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 March 2017
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Intangible fixed assets amortisation policy
Valuation information and policy
Other accounting policies