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TAXA PUBLISHING LTD - Company Information

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Taxa Publishing Ltd

Registered Number:07309808

For the year ended 31 August 2017

England and Wales

Unaudited Financial Statements

For the year ended 31 August 2017

Taxa Publishing Ltd

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 August 2017

Taxa Publishing Ltd

Statement of Financial Position

Registered Number :

07309808

2016

2017

Notes

Fixed assets

Property, plant and equipment

845

Financial assets

846

Current assets

Inventories

750

Trade and other receivables

8,036

6,724

1,288

Cash and cash equivalents

20,014

27,488

9,324

Trade and other payables: amounts falling due within one

year

(9,195)

(14,079)

129

13,409

Net current assets

Total assets less current liabilities

14,255

130

14,255

Net assets

130

Capital and reserves

Called up share capital

Retained earnings

14,254

129

14,255

130

Shareholders' funds

For the year ended 31 August 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 of its financial statements for the year ended 31 August 2017 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section

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 Income Statement has not been delivered.

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.

Mr John Constable Director

These financial statements were approved and authorised for issue by the Board on 24 May 2018 and were signed by:

The notes form part of these financial statements

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For the year ended 31 August 2017

Taxa Publishing Ltd

Notes to the Financial Statements

Statutory Information

Taxa Publishing Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration

number 07309808.

Principal place of business:

46 St John's Road

Saxmundham

Suffolk

IP17 1BD

Registered address:

The Old Bakery

High Street

Pitton

Salisbury

SP5 1DQ

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Other Investments

Listed investments are valued at their market value at the Statement of Financial Position date. Any change in their

fair value between the previous year end and acquisition, as applicable, are recognised in profit and loss.

Other investments are valued at cost less impairment.

2. Property, plant and equipment

Computer

equipment

Cost or

valuation

1,267

Additions

At 31 August 2017

1,267

Provision for depreciation and impairment

Charge for year

422

At 31 August 2017

422

At 31 August 2017

Net book value

845

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For the year ended 31 August 2017

Taxa Publishing Ltd

Notes to the Financial Statements Continued

3. Investments held as fixed assets

Shares in group and participating interests

Total

At 01 September 2016

Cost

At 31 August 2017

Net book value

At 01 September 2016

4. Inventories

2016

2017

Stocks

750

5. Trade and other receivables

2016

2017

Trade debtors

3,829

Amounts owed by group undertakings and participating interests

3,474

4,207

Other debtors

3,250

8,036

6,724

6. Trade and other payables: amounts falling due within one year

2016

2017

Taxation and social security

12,847

8,181

Other creditors

1,232

1,014

14,079

9,195

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For the year ended 31 August 2017

Taxa Publishing Ltd

Notes to the Financial Statements Continued

7. Related party transactions

The company was controlled by J B Constable, by virtue of the fact he owns its entire issued share capital, which in

turn is the parent company of Dental Publishing Ltd.

As at 31 August 2017 included in debtors is an outstanding loan account of £3,474 (2016: £4,207) owed by Dental

Publishing Ltd, a wholely owned subsidiary.

8. Average number of persons employed

During the year the average number of employees was 2 (2016 : 2)

9. Transition to FRS 102

These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1

September 2015.

No transitional adjustments were required to equity or profit and loss for the year.

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