ACCOUNTS - Final Accounts

Caseware UK (AP4) 2016.0.181 2016.0.181 2017-03-312017-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalsefalse2016-04-01 05749563 2016-04-01 2017-03-31 05749563 2015-04-01 2016-03-31 05749563 2017-03-31 05749563 2016-03-31 05749563 c:Director1 2016-04-01 2017-03-31 05749563 d:CurrentFinancialInstruments 2017-03-31 05749563 d:CurrentFinancialInstruments 2016-03-31 05749563 d:CurrentFinancialInstruments d:WithinOneYear 2017-03-31 05749563 d:CurrentFinancialInstruments d:WithinOneYear 2016-03-31 05749563 d:ShareCapital 2017-03-31 05749563 d:ShareCapital 2016-03-31 05749563 d:RetainedEarningsAccumulatedLosses 2017-03-31 05749563 d:RetainedEarningsAccumulatedLosses 2016-03-31 05749563 c:FRS102 2016-04-01 2017-03-31 05749563 c:AuditExempt-NoAccountantsReport 2016-04-01 2017-03-31 05749563 c:FullAccounts 2016-04-01 2017-03-31 05749563 c:PrivateLimitedCompanyLtd 2016-04-01 2017-03-31 05749563 c:SmallCompaniesRegimeForAccounts 2016-04-01 2017-03-31 05749563 c:ConsolidatedGroupCompanyAccounts 2016-04-01 2017-03-31 iso4217:GBP xbrli:pure

05749563

AMAPOLA LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017


AMAPOLA LIMITED

CONTENTS

	Page
Balance sheet	1
Notes to the financial statements	2 - 3


AMAPOLA LIMITED REGISTERED NUMBER:05749563

BALANCE SHEET

AS AT 31 MARCH 2017

		2017		2016
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	1,285		3,321
Cash at bank and in hand		42,762		2,562
		44,047		5,883
Creditors: amounts falling due within one year	5	(48,477)		(5,331)
Net current (liabilities)/assets			(4,430)		552
Total assets less current liabilities			(4,430)		552

Net (liabilities)/assets			(4,430)		552

Capital and reserves
Called up share capital	100	100
Profit and loss account	(4,530)	452
	(4,430)	552

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 December 2017.

A.M. Saveker

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1


AMAPOLA LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

1.	General information

Amapola Limited (the Company) is a private company, limited by shares, incorporated and domiciled in England. The address of its registered office is 148 Edmund Street, Birmingham, B3 2FD. Its principal place of business is Sutton Coldfield, Birmingham, B76 1TS.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

The company is dependent on the support of its director, who has indicated that he will continue to provide the financial support necessary to enable the company to continue in operational existence for the foreseeable future. Accordingly these financial statements have been prepared on the going concern basis.

2.3

Revenue

Turnover comprises revenue recognised by the conpamy in respect of goods and services supplied during the year, exclusive of Value Added Tax.

2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.5

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

2.6

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

Page 2


AMAPOLA LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

2.Accounting policies (continued)

2.8

Taxation

Tax is recognised in the Statement of income and retained earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Employees

The average monthly number of employees, including directors, during the year was 1 (2016 - 1).

Debtors

					2017	2016
					£	£


Other debtors	1,285	3,321

5.	Creditors: Amounts falling due within one year
		2017	2016
		£	£

Payments received on account	40,232	-
Trade creditors	5,820	2,563
Corporation tax	-	455
Other taxation and social security	1,169	1,473
Other creditors	416	-
Accruals and deferred income	840	840
	48,477	5,331

6.	First time adoption of FRS 102 The policies applied under the entity's previous accounting framework are not materially different to FRS 102 and have not impacted on equity or profit or loss.

Page 3