Company Registration No. 9167900 (England and Wales)
All Systems Go Ltd
Unaudited accounts
for the year ended 31 March 2017
All Systems Go Ltd
Unaudited accounts
Contents
All Systems Go Ltd
Company Information
for the year ended 31 March 2017
Company Number
9167900 (England and Wales)
Registered Office
22 UPPER GROUND
LONDON
SE1 9PD
Accountants
BMG Accountancy Services
98 Shaftgate Avenue
Shepton Mallet
Somerset
BA4 5YQ
All Systems Go Ltd
Accountants' report
Accountants' report to the director of All Systems Go Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
All Systems Go Ltd for the year ended
31 March 2017 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of All Systems Go Ltd, as a body, in accordance with the terms of our engagement letter dated 23 December 2017. Our work has been undertaken solely to prepare for your approval the accounts of All Systems Go Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than All Systems Go Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that All Systems Go Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of All Systems Go Ltd. You consider that All Systems Go Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of All Systems Go Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
BMG Accountancy Services
98 Shaftgate Avenue
Shepton Mallet
Somerset
BA4 5YQ
23 December 2017
All Systems Go Ltd
Statement of financial position
as at
31 March 2017
Tangible assets
9,072
5,301
Cash at bank and in hand
57,935
81,662
Creditors: amounts falling due within one year
(49,108)
(155,157)
Net current assets
12,349
5,923
Total assets less current liabilities
21,421
11,224
Creditors: amounts falling due after more than one year
(18,862)
(8,842)
Called up share capital
1,000
1,000
Profit and loss account
1,559
1,382
Shareholders' funds
2,559
2,382
For the year ending 31 March 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 her 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 23 December 2017.
Joanna Roberjot
Director
Company Registration No. 9167900
All Systems Go Ltd
Notes to the Accounts
for the year ended 31 March 2017
All Systems Go Ltd is a private company, limited by shares, registered in England and Wales, registration number 9167900. The registered office is 22 UPPER GROUND, LONDON, SE1 9PD.
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 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Charge for the year
4,309
All Systems Go Ltd
Notes to the Accounts
for the year ended 31 March 2017
Trade debtors
3,436
76,066
6
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
6,244
3,740
Trade creditors
5,356
37,987
Taxes and social security
2,764
15,384
Other creditors
33,978
98,046
7
Creditors: amounts falling due after more than one year
2017
2016
8
Average number of employees
During the year the average number of employees was 3 (2016: 3).