Registered Number
:
SC
380072
|
For the year ended 31 March 2018
Scotland
Report of the Directors and Unaudited Financial Statements
For the year ended 31 March 2018
Stop Go Networks Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Stop Go Networks Limited
Statement of Financial Position
31/3/2017
31/3/2018
Property
,
plant and equipment
|
17,096
20,483
2
17,096
20,483
Trade and other receivables
|
157,577
415,297
3
165,841
Cash and cash equivalents
|
269,661
684,958
323,418
Trade and other payables
:
amounts falling due within one year
|
(199,604)
(327,473)
4
123,814
357,485
Net current assets
Total assets less current liabilities
|
374,581
144,297
Trade and other payables
:
amounts falling due after more than
|
one year
|
(3,253)
(3,669)
5
370,912
Net assets
141,044
300
300
370,612
140,744
370,912
141,044
Shareholders' funds
For the year ended 31 March 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 March 2018 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their 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.
|
These financial statements were approved and authorised for issue by the Board on 19 December 2018 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 March 2018
Stop Go Networks Limited
Notes to the Financial Statements
Statutory Information
Stop Go Networks Limited is a private limited company
,
limited by shares
,
domiciled in Scotland
,
registration number
|
SC
380072
.
|
Principal place of business
:
|
20-23 Woodside Place
Glasgow
G3 7QF
272 Bath Street
Glasgow
G2 4JR
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 comprises the invoiced value of services supplied by the company.
Property, plant and equipment
Tangible fixed assets, 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
Fixtures and fittings
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
For the year ended 31 March 2018
Stop Go Networks Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
74,747
70,342
4,405
4,733
4,085
648
5,053
74,427
79,480
Provision for depreciation and impairment
|
54,264
53,702
562
Charge for year
8,120
7,004
1,116
62,384
60,706
1,678
3,375
13,721
17,096
3,843
16,640
20,483
3
.
Trade and other receivables
|
31/3/2017
31/3/2018
409,870
155,165
5,427
2,412
157,577
415,297
4
.
Trade and other payables
:
amounts falling due within one year
|
31/3/2017
31/3/2018
240,397
147,393
Taxation and social security
|
64,757
4,268
22,319
47,943
327,473
199,604
5
.
Trade and other payables
:
amounts falling due after more than one year
|
31/3/2017
31/3/2018
3,669
3,253
3 of 4
For the year ended 31 March 2018
Stop Go Networks Limited
Notes to the Financial Statements Continued
6
.
Directors advances and guarantees
|
Year ended
31
March
2018
Control
:
|
Mr Andrew Hynes and Mr Martin Dixon are the Company
'
s controlling parties
.
|
4 of 4