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REGISTERED NUMBER:
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Unaudited Financial Statements for the Year Ended 31 December 2017 |
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Appear Here Limited |
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REGISTERED NUMBER:
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Unaudited Financial Statements for the Year Ended 31 December 2017 |
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for |
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Appear Here Limited |
Appear Here Limited (Registered number: 07736672) |
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Contents of the Financial Statements |
for the Year Ended 31 December 2017 |
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Page |
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Balance Sheet | 1 |
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Notes to the Financial Statements | 3 |
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Appear Here Limited (Registered number: 07736672) |
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Balance Sheet |
31 December 2017 |
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2017 | 2016 |
as restated |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
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Tangible assets | 5 |
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Investments | 6 |
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CURRENT ASSETS |
Debtors | 7 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 8 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital |
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Share premium |
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Retained earnings | ( |
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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. |
Appear Here Limited (Registered number: 07736672) |
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Balance Sheet - continued |
31 December 2017 |
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In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
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The financial statements were approved by the Board of Directors on
by: |
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Appear Here Limited (Registered number: 07736672) |
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Notes to the Financial Statements |
for the Year Ended 31 December 2017 |
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1. | STATUTORY INFORMATION |
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Appear Here Limited is a
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registered number and registered office address are as below: |
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Registered number: | 07736672 |
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Registered office: | 2nd Floor |
13-19 Vine Hill |
London |
EC1R 5DW |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" |
of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of |
Ireland" and the Companies Act 2006. |
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Turnover |
Turnover represents the total invoice value, excluding value added tax, of sales made during the year. |
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Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost |
less any accumulated amortisation and any accumulated impairment losses. |
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Tangible fixed assets |
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Fixtures and fittings | - |
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Computer equipment | - |
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Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
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Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, |
except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
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Current or deferred taxation assets and liabilities are not discounted. |
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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 balance sheet date. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
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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. |
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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. |
Appear Here Limited (Registered number: 07736672) |
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Notes to the Financial Statements - continued |
for the Year Ended 31 December 2017 |
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2. | ACCOUNTING POLICIES - continued |
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Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
lease. |
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Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to profit or loss in the period to which they relate. |
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Research and development |
Expenditure on research and development is written off in the year in which it is incurred. |
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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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4. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
assets |
£ |
COST |
At 1 January 2017 |
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Additions |
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At 31 December 2017 |
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AMORTISATION |
At 1 January 2017 |
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Charge for year |
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At 31 December 2017 |
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NET BOOK VALUE |
At 31 December 2017 |
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At 31 December 2016 |
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Appear Here Limited (Registered number: 07736672) |
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Notes to the Financial Statements - continued |
for the Year Ended 31 December 2017 |
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5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
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COST |
At 1 January 2017 |
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Additions |
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Disposals | ( |
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At 31 December 2017 |
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DEPRECIATION |
At 1 January 2017 |
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Charge for year |
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Eliminated on disposal | ( |
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At 31 December 2017 |
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NET BOOK VALUE |
At 31 December 2017 |
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At 31 December 2016 |
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6. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
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COST |
At 1 January 2017 |
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Additions |
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At 31 December 2017 |
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NET BOOK VALUE |
At 31 December 2017 |
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At 31 December 2016 |
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7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
as restated |
£ | £ |
Trade debtors |
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Amounts owed by group undertakings |
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Other debtors |
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Appear Here Limited (Registered number: 07736672) |
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Notes to the Financial Statements - continued |
for the Year Ended 31 December 2017 |
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8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
as restated |
£ | £ |
Trade creditors |
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Taxation and social security |
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Other creditors |
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9. | LEASING AGREEMENTS |
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Minimum lease payments under non-cancellable operating leases fall due as follows: |
2017 | 2016 |
as restated |
£ | £ |
Within one year |
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Between one and five years |
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10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
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The following advances and credits to a director subsisted during the years ended 31 December 2017 and |
31 December 2016: |
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R A Bailey | 2017 | 2016 |
£ | £ |
Amounts advanced | 15,704 | 1,048 |
Amounts repaid | (1,379 | ) | (560 | ) |
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The loans to all directors are repayable on demand. Interest is charged on loans at the official rate of interest set |
by HMRC. |
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11. | RELATED PARTY DISCLOSURES |
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The loans to all subsidiaries are repayable on demand, no interest is charged on the outstanding balances. |
Appear Here Limited (Registered number: 07736672) |
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Notes to the Financial Statements - continued |
for the Year Ended 31 December 2017 |
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12. | SHARE-BASED PAYMENT TRANSACTIONS |
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Enterprise Management Incentive Share Option Scheme and Unapproved Share Option Scheme. |
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Options are granted to employees, senior employees and directors at the market price of the Company's ordinary |
shares. |
The options vest from 1- 4 years following grant date. Options will not vest unless the employee remains in the |
service of the Company, and that the relevant performance criteria where applicable are met. |
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Reconciliations of the option scheme are presented below. |
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Number of Shares |
EMI Shares |
Unapproved
Scheme |
Options as at 01 January 2017 | 386,575 | 1,622,010 |
Shares granted in the year | 475,212 | 25,331 |
Shares exercised in the year | (162,272 | ) | - |
Shares lapsed in the year | (136,513 | ) | - |
Options as at 31 December 2017 | 563,002 | 1,647,341 |
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Exercisable as at 31 December 2017 | 61,584 | 1,624,286 |
Exercisable as at 31 December 2016 | 211,702 | 1,622,010 |
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