Auxilio Advisors Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 06654943

Unaudited Financial Statements for the Year Ended 31 August 2017

for

Auxilio Advisors Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N Bridges

Mrs K Bridges

REGISTERED OFFICE:

16 Chetwynd Road

Southampton

Hampshire

SO16 3JB

REGISTERED NUMBER:

06654943

ACCOUNTANTS:

RP & Co Accounting Services (South) Limited

Carmargue

Main Road

Marchwood

Southampton

Hampshire

SO40 4UZ

FIXED ASSETS

Intangible assets

3

8,875

10,650

Tangible assets

4

817

960

9,692

11,610

CURRENT ASSETS

Cash at bank

3,768

1,379

CREDITORS

Amounts falling due within one year

5

8,941

8,893

NET CURRENT LIABILITIES

(5,173

)

(7,514

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,519

4,096

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,419

3,996

SHAREHOLDERS' FUNDS

4,519

4,096

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2017.

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 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 15 March 2018 and were signed on its behalf by:

N Bridges - Director

1.	STATUTORY INFORMATION

Auxilio Advisors Limited is a private company, limited by shares , registered in Not specified/Other. The

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

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.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Patents and licences

Goodwill and other intangible assets are written off over their expected useful lives of 10 years on a

straight line basis.

Tangible fixed assets

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

Plant and machinery etc

-

15% 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 balance sheet date.

Deferred tax

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

sheet 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.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 September 2016

and 31 August 2017

17,750

AMORTISATION

At 1 September 2016

7,100

Charge for year

1,775

At 31 August 2017

8,875

NET BOOK VALUE

At 31 August 2017

8,875

At 31 August 2016

10,650

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2016

and 31 August 2017

2,330

DEPRECIATION

At 1 September 2016

1,370

Charge for year

143

At 31 August 2017

1,513

NET BOOK VALUE

At 31 August 2017

817

At 31 August 2016

960

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.17

31.8.16

£

£

Taxation and social security

668

154

Other creditors

8,273

8,739

8,941

8,893