TIM DOIDGE PRESENTATIONS LTD
|
Registered number: |
07785198
|
Balance Sheet |
as at 30 September 2017
|
|
Notes |
|
|
2017 |
|
|
2016 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
2,507 |
|
|
2,937 |
|
Current assets |
Debtors |
4 |
|
6,432 |
|
|
4,438 |
Cash at bank and in hand |
|
|
15,703 |
|
|
20,014 |
|
|
|
22,135 |
|
|
24,452 |
|
Creditors: amounts falling due within one year |
5 |
|
(22,768) |
|
|
(22,870) |
|
Net current (liabilities)/assets |
|
|
|
(633) |
|
|
1,582 |
|
Total assets less current liabilities |
|
|
|
1,874 |
|
|
4,519 |
|
|
Provisions for liabilities |
|
|
|
(476) |
|
|
(573) |
|
|
Net assets |
|
|
|
1,398 |
|
|
3,946 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
1,298 |
|
|
3,846 |
|
Shareholder's funds |
|
|
|
1,398 |
|
|
3,946 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
|
|
|
|
|
T J G Doidge |
Director |
Approved by the board on 28 February 2018
|
|
TIM DOIDGE PRESENTATIONS LTD
|
Notes to the Accounts |
for the year ended 30 September 2017
|
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
|
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
|
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:
|
|
|
Computer and other equipment |
25% on cost |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
|
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
|
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments and is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.
|
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
|
|
|
2 |
Employees |
2017 |
|
2016 |
Number |
Number |
|
|
Average monthly number of employees, including director, during the year |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Computer and other equipment |
£ |
|
Cost |
|
At 1 October 2016 |
5,450 |
|
Additions |
861 |
|
At 30 September 2017 |
6,311 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2016 |
2,513 |
|
Charge for the year |
1,291 |
|
At 30 September 2017 |
3,804 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2017 |
2,507 |
|
At 30 September 2016 |
2,937 |
|
|
|
|
|
|
|
|
|
|
|
|
4 |
Debtors |
2017 |
|
2016 |
£ |
£ |
|
|
Trade debtors |
6,432 |
|
4,345 |
|
Other debtors |
- |
|
93 |
|
|
|
|
|
|
6,432 |
|
4,438 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
£ |
£ |
|
|
Corporation tax |
5,048 |
|
3,922 |
|
Other taxes and social security costs |
3,823 |
|
3,461 |
|
Other creditors |
13,897 |
|
15,487 |
|
|
|
|
|
|
22,768 |
|
22,870 |
|
|
|
|
|
|
|
|
|
|
6 |
Related party transactions |
|
|
Transactions with the director during the year are as follows: Dividends totalling £22000 (2016 - £14000) were paid in the year in respect of shares held by the company's director.
|
|
|
7 |
Other information |
|
|
TIM DOIDGE PRESENTATIONS LTD is a private company limited by shares and incorporated in England. Its registered office is: |
|
7a King Street |
|
Frome |
|
Somerset |
|
BA11 1BH |