Alison Young Limited Company Accounts
Alison Young Limited Company Accounts
COMPANY REGISTRATION NUMBER:
07432969
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Financial Statements |
Year ended 31 October 2017
Contents |
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Chartered accountant's report to the director on the preparation of the unaudited statutory financial statements |
1 |
Statement of financial position |
2 |
Notes to the financial statements |
4 |
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Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of
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Year ended 31 October 2017
Equity House
128-136 High Street
Edgware
Middlesex
HA8 7TT
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Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Debtors |
6 |
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Cash at bank and in hand |
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--------- |
--------- |
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Creditors: amounts falling due within one year |
7 |
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--------- |
--------- |
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Net current assets |
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-------- |
-------- |
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Total assets less current liabilities |
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-------- |
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Net assets |
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-------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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-------- |
-------- |
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Shareholders funds |
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-------- |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
27 February 2018
, and are signed on behalf of the board by:
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Director |
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Company registration number:
07432969
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Notes to the Financial Statements |
Year ended 31 October 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Equity House, 128-136 High Street, Edgware, Middlesex, HA8 7TT.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 November 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 10.
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment |
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Impairment of fixed assets
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
3
(2016:
3
).
5.
Tangible assets
Equipment |
Total |
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£ |
£ |
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Cost |
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At 1 November 2016 and 31 October 2017 |
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------- |
------- |
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Depreciation |
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At 1 November 2016 |
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Charge for the year |
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------- |
------- |
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At 31 October 2017 |
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------- |
------- |
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Carrying amount |
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At 31 October 2017 |
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------- |
------- |
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At 31 October 2016 |
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------- |
------- |
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6.
Debtors
2017 |
2016 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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– |
-------- |
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-------- |
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7.
Creditors:
amounts falling due within one year
2017 |
2016 |
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£ |
£ |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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8.
Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2017 |
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Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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------- |
---- |
------- |
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2016 |
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Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
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£ |
£ |
£ |
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– |
(
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(
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---- |
------- |
------- |
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9.
Related party transactions
There are no related party transactions to be reported under FRS102 section 1A.
10.
Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 November 2015.
No transitional adjustments were required in equity or profit or loss for the year.