Company Registration No. SC491777 (Scotland)
AV8 Technical Solutions Limited
Unaudited accounts
for the year ended 30 November 2017
AV8 Technical Solutions Limited
Unaudited accounts
Contents
AV8 Technical Solutions Limited
Company Information
for the year ended 30 November 2017
Company Number
SC491777 (Scotland)
Registered Office
94 HOPE STREET
SUITE 2.5
GLASGOW
G2 6PH
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
AV8 Technical Solutions Limited
Statement of financial position
as at
30 November 2017
Tangible assets
3,259
4,345
Cash at bank and in hand
33,966
40,740
Creditors: amounts falling due within one year
(13,806)
(19,486)
Net current assets
28,224
23,390
Called up share capital
200
200
Profit and loss account
31,283
27,535
Shareholders' funds
31,483
27,735
For the year ending 30 November 2017 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 18 April 2018.
John Thwaites
Director
Company Registration No. SC491777
AV8 Technical Solutions Limited
Notes to the Accounts
for the year ended 30 November 2017
AV8 Technical Solutions Limited is a private company, limited by shares, registered in Scotland, registration number SC491777. The registered office is 94 HOPE STREET, SUITE 2.5, GLASGOW, G2 6PH. The principal place of business is 79 Rowley Street, Walsall, WS1 2AZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 November 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
At 30 November 2017
7,720
Charge for the year
1,086
At 30 November 2017
4,461
At 30 November 2017
3,259
At 30 November 2016
4,345
AV8 Technical Solutions Limited
Notes to the Accounts
for the year ended 30 November 2017
Trade debtors
3,064
2,136
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
13,806
19,486
7
Share capital
2017
2016
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
100 'A' Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2016: 0).