Attic 2 (Wales) Ltd - Accounts to registrar (filleted) - small 17.3
Attic 2 (Wales) Ltd - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| ATTIC 2 (WALES) LTD |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2017 |
| ATTIC 2 (WALES) LTD (REGISTERED NUMBER: 03667415) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| ATTIC 2 (WALES) LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 APRIL 2017 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Elfed House |
| Oak Tree Court |
| Cardiff Gate Business Park |
| CARDIFF |
| County of Cardiff |
| CF23 8RS |
| ATTIC 2 (WALES) LTD (REGISTERED NUMBER: 03667415) |
| BALANCE SHEET |
| 30 APRIL 2017 |
| 2017 | 2016 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges her 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. |
| In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered. |
| The financial statements were approved for issue by the director on |
| ATTIC 2 (WALES) LTD (REGISTERED NUMBER: 03667415) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2017 |
| 1. | STATUTORY INFORMATION |
| Attic 2 (Wales) Ltd is a |
| registered number and registered office address can be found on the Company Information page. |
| The company's functional and presentational currency in the financial statements is the Sterling (£), rounded to |
| the nearest pound. |
| The significant accounting policies applied in the presentation of these financial statements are set out below. |
| These policies have been consistently applied to all years presented unless otherwise stated. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements for the year ended 30 April 2017 are the first financial statements that comply with |
| Financial Reporting Standard 102 1A. The date of transition is 1 May 2015. |
| The transition to Financial Reporting Standard 102 1A has resulted in no changes to existing accounting |
| policies. |
| There has been no material departures from Financial Reporting Standard 102 1A. |
| Turnover |
| Turnover comprises the invoice value of furniture design services by the company, exclusive of trade discounts |
| and value added tax. |
| Tangible fixed assets |
| Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to |
| depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated |
| residual value, over their expected useful lives as follows: |
| Fixtures, fittings and equipment | - 25% Straight line |
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes |
| in circumstances indicate the carrying value may not be recoverable. |
| Taxation |
| Taxation for the year comprises of current tax. Tax is recognised in the Profit and loss account, except to the |
| extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current 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 balance sheet date. |
| Non-derivative financial instruments |
| Basic financial instruments are recognised at amortised cost. |
| ATTIC 2 (WALES) LTD (REGISTERED NUMBER: 03667415) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2017 |
| 3. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and |
| fittings |
| £ |
| COST |
| At 1 May 2016 |
| Additions |
| At 30 April 2017 |
| DEPRECIATION |
| At 1 May 2016 |
| Charge for year |
| At 30 April 2017 |
| NET BOOK VALUE |
| At 30 April 2017 |
| At 30 April 2016 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Directors' current accounts |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Corporation tax |
| VAT |
| Accrued expenses |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2017 | 2016 |
| value: | £ | £ |
| Ordinary Shares | £1 |
| ATTIC 2 (WALES) LTD (REGISTERED NUMBER: 03667415) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2017 |
| 7. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 30 April 2017 and |
| 30 April 2016: |
| 2017 | 2016 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| 8. | RELATED PARTY TRANSACTIONS |
| During the year, total dividends of £55,000 were paid to the director (2016 - 49,000). |