12th Man Services And Solutions Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08170840 (England and Wales)

Financial Statements for the Year Ended 31 December 2018

for

12th Man Services And Solutions Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Directors' Responsibilities Statement

5

Independent Chartered Accountants' Review Report

6

DIRECTORS:

S M Beacham

Mrs A L Beacham

REGISTERED OFFICE:

70 Rutland Road

Stamford

United Kingdom

Lincolnshire

PE9 1UW

REGISTERED NUMBER:

08170840 (England and Wales)

ACCOUNTANTS:

Harvey Spriggs

Chartered Accountants

Dovecote House

11 Malvern Close

Kettering

Northamptonshire

NN16 9JP

FIXED ASSETS

Intangible assets

4

-

4,000

Tangible assets

5

1,735

967

Investments

6

1

1,736

4,968

CURRENT ASSETS

Debtors

7

4,131

5,932

Cash at bank

80,166

66,647

84,297

72,579

CREDITORS

Amounts falling due within one year

8

47,726

50,592

NET CURRENT ASSETS

36,571

21,987

TOTAL ASSETS LESS CURRENT
LIABILITIES

38,307

26,955

PROVISIONS FOR LIABILITIES

330

184

NET ASSETS

37,977

26,771

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

36,977

25,771

SHAREHOLDERS' FUNDS

37,977

26,771

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 21 February 2019 and were signed on its behalf
by:

S M Beacham - Director

1.	STATUTORY INFORMATION

12th Man Services And Solutions Ltd is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company Information

page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

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.

Domain names are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position date.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

The company acquired the goodwill and publishing rights of Term Times magazine in January 2014 for £20.000.

The directors consider the purchased goodwill has a useful life of 5 years and have amortized the cost over that

period.

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2018

1,800

Additions

1,202

At 31 December 2018

3,002

DEPRECIATION

At 1 January 2018

833

Charge for year

434

At 31 December 2018

1,267

NET BOOK VALUE

At 31 December 2018

1,735

At 31 December 2017

967

6.	FIXED ASSET INVESTMENTS

The company owns the entire share capital of Term Times Limited comprising 1 £1.00 ordinary share. Term

Times Limited remains a dormant company.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

Trade debtors

4,131

5,932

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

Trade creditors

4,086

1

Taxation and social security

7,878

9,020

Other creditors

35,762

41,571

47,726

50,592

The following reproduces the text of the report prepared for the directors and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and

certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of

Companies.

We confirm that as directors we have met our duty in accordance with the Companies Act 2006 to:

-	ensure that the company has kept proper accounting records;

-

prepare financial statements which give a true and fair view of the state of affairs of the company as at
31 December 2018 and of its profit for that period in accordance with United Kingdom Generally Accepted
Accounting Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the
UK and Republic of Ireland'; and

-	follow the applicable accounting policies, subject to any material departures disclosed and explained in the notes to the financial statements.

ON BEHALF OF THE BOARD:

S M Beacham - Director

21 February 2019

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

We have reviewed the financial statements of 12th Man Services And Solutions Ltd for the year ended 31 December 2018, which comprise the Income Statement, Statement of Financial Position and the related notes 1 to 0. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

This report is made solely to the company's directors, as a body, in accordance with our terms of engagement. Our review has been undertaken so that we might state to the directors those matters that we have agreed with them in our engagement letter and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's directors as a body for our work, for this report or the conclusions we have formed.

Directors' responsibility for the financial statements

As explained more fully in the Directors' Responsibilities Statement set out on page nil, the directors are responsible for

the preparation of the financial statements and for being satisfied that they give a true and fair view.

Accountants' responsibility

Our responsibility is to express a conclusion based on our review of the financial statements. We conducted our review

in accordance with International Standard on Review Engagements (ISRE) 2400 (Revised), 'Engagements to review

historical financial statements' and ICAEW Technical Release TECH 09/13AAF 'Assurance review engagements on

historical financial statements'. ISRE 2400 also requires us to comply with the ICAEW Code of Ethics.

Scope of the assurance review

A review of financial statements in accordance with ISRE 2400 (Revised) is a limited assurance engagement. We have

performed additional procedures to those required under a compilation engagement. These primarily consist of making

enquiries of management and others within the entity, as appropriate, applying analytical procedures and evaluating the

evidence obtained. The procedures performed in a review are substantially less than those performed in an audit

conducted in accordance with International Standards on Auditing (UK and Ireland). Accordingly, we do not express an

audit opinion on these financial statements.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the financial statements have not been prepared:

-	so as to give a true and fair view of the state of the company's affairs as at 31 December 2018 and of its profit for the year then ended;

-	in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'; and

-	in accordance with the requirements of the Companies Act 2006.

Harvey Spriggs

Chartered Accountants

Dovecote House

11 Malvern Close

Kettering

Northamptonshire

NN16 9JP

21 February 2019

12th Man Services And Solutions Ltd - Accounts to registrar (filleted) - small 18.2

12th Man Services And Solutions Ltd - Accounts to registrar (filleted) - small 18.2