REGISTERED NUMBER: 02190815 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2017

for

Acanthus W S M Architects Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J R Wingfield

P D Glover

D R Parr

REGISTERED OFFICE:

Studio 11

2 King Charles Street

Leeds

West Yorkshire

LS1 6LS

REGISTERED NUMBER:

02190815 (England and Wales)

ACCOUNTANTS:

Lindley Adams Limited Chartered Accountants

28 Prescott Street

Halifax

West Yorkshire

HX1 2LG

FIXED ASSETS

Tangible assets

5

48,988

33,312

CURRENT ASSETS

Debtors

6

296,770

321,176

Cash at bank

435,475

217,688

732,245

538,864

CREDITORS

Amounts falling due within one year

7

182,326

139,700

NET CURRENT ASSETS

549,919

399,164

TOTAL ASSETS LESS CURRENT LIABILITIES

598,907

432,476

PROVISIONS FOR LIABILITIES

2,164

1,217

NET ASSETS

596,743

431,259

CAPITAL AND RESERVES

Called up share capital

4,267

4,267

Retained earnings

592,476

426,992

SHAREHOLDERS' FUNDS

596,743

431,259

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 25 April 2018 and were signed on its behalf by:

J R Wingfield - Director

1.	STATUTORY INFORMATION

Acanthus W S M Architects Limited is a private company, limited by shares , registered in England and Wales.

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

page.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

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

-

33% on cost and 25% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2016 - 13 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2017

520,363

Additions

38,956

At 31 December 2017

559,319

DEPRECIATION

At 1 January 2017

487,051

Charge for year

23,280

At 31 December 2017

510,331

NET BOOK VALUE

At 31 December 2017

48,988

At 31 December 2016

33,312

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade debtors

66,417

183,533

Amounts recoverable on contract

133,986

24,700

Other debtors

96,367

112,943

296,770

321,176

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade creditors

23,790

12,422

Taxation and social security

87,733

79,241

Other creditors

70,803

48,037

182,326

139,700

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.17

31.12.16

£

£

Within one year

67,930

67,930

Between one and five years

164,164

232,094

232,094

300,024

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2017 and

31 December 2016:

31.12.17

31.12.16

£

£

J R Wingfield

Balance outstanding at start of year

-

-

Amounts advanced

34,871

-

Amounts repaid

(34,871

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

The loan was interest free and repayable on demand.

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £86,000 (2016 - £157,278) were paid to the directors .