Registered Number
:
07036498
|
For the year ended 31 December 2018
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2018
Escape The City Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Escape The City Limited
Statement of Financial Position
2017
2018
-
15,422
2
Property
,
plant and equipment
|
7,051
6,776
3
7,051
22,198
Trade and other receivables
|
28,353
19,869
4
191,545
Cash and cash equivalents
|
322,753
342,622
219,898
Trade and other payables
:
amounts falling due within one
|
year
|
(160,906)
(127,631)
5
58,992
214,991
Net current assets
Total assets less current liabilities
|
222,042
81,190
(633)
-
Provisions for liabilities
|
221,409
Net assets
81,190
250
250
456,902
456,902
(235,743)
(375,962)
221,409
81,190
Shareholders' funds
For the year ended 31 December 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 31 December 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.
|
Mr Dominic Jackman Director
|
These financial statements were approved and authorised for issue by the Board on 30 September 2019 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 December 2018
Escape The City Limited
Notes to the Financial Statements
Statutory Information
Escape The City Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
07036498
.
|
14 Thorley Gardens
Woking
Surrey
GU22 8UL
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. Income relating to the Job Board is recognised when an advertsiment is published on the website whereas the income from entrepreneurial courses is recognised according to the date when the course is held. Consultancy income is recognised when the service is provided.
|
Intangible assets
Intangible assets are stated at cost or valuation less depreciation and any provision for impairment. Amortisation 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: Other Intangible Assets - 20% straight line
|
Property, plant and equipment
Property, plant and equipment, 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:
|
Computer Equipment
Furniture and Fittings
2 of 4
For the year ended 31 December 2018
Escape The City Limited
Notes to the Financial Statements Continued
2
.
Intangible fixed assets
|
77,110
77,110
61,688
15,422
Charge for year
77,110
-
15,422
3
.
Property
,
plant and equipment
|
40,718
38,348
2,370
4,961
4,961
-
2,370
43,309
45,679
Provision for depreciation and impairment
|
33,942
32,487
1,455
Charge for year
4,686
3,897
789
38,628
36,384
2,244
126
6,925
7,051
915
5,861
6,776
4
.
Trade and other receivables
|
2017
2018
14,552
24,090
5,317
4,263
28,353
19,869
3 of 4
For the year ended 31 December 2018
Escape The City Limited
Notes to the Financial Statements Continued
5
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
12,510
2,714
Taxation and social security
|
23,810
38,230
91,311
119,962
127,631
160,906
6
.
Average number of persons employed
|
During the year the average number of employees was 6 (2017 : 9).
4 of 4