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REGISTERED NUMBER: 04116785 (England and Wales)












ALLDAY TIME SYSTEMS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017






ALLDAY TIME SYSTEMS LIMITED (REGISTERED NUMBER: 04116785)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ALLDAY TIME SYSTEMS LIMITED

COMPANY INFORMATION
for the year ended 31 March 2017







DIRECTORS: R S Mason
Mrs J Mason
P S Mason
C M Mason





SECRETARY: Mrs J Mason





REGISTERED OFFICE: Lynchford House
Lynchford Lane
FARNBOROUGH
Hampshire
GU14 6JD





REGISTERED NUMBER: 04116785 (England and Wales)





ACCOUNTANTS: HPCA Limited
Chartered Accountants
Station House
Connaught Road
Brookwood
Woking
Surrey
GU24 0ER

ALLDAY TIME SYSTEMS LIMITED (REGISTERED NUMBER: 04116785)

BALANCE SHEET
31 March 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 579,670 622,527
Tangible assets 5 190,306 169,632
Investments 6 102 102
770,078 792,261

CURRENT ASSETS
Stocks 86,157 69,905
Debtors 7 353,846 355,894
Cash at bank and in hand 188,240 135,942
628,243 561,741
CREDITORS
Amounts falling due within one year 8 488,793 581,444
NET CURRENT ASSETS/(LIABILITIES) 139,450 (19,703 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

909,528

772,558

PROVISIONS FOR LIABILITIES 37,321 15,999
NET ASSETS 872,207 756,559

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 10 871,207 755,559
SHAREHOLDERS' FUNDS 872,207 756,559

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

ALLDAY TIME SYSTEMS LIMITED (REGISTERED NUMBER: 04116785)

BALANCE SHEET - continued
31 March 2017


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 13 November 2017 and were signed on its behalf by:




C M Mason - Director



Mrs J Mason - Director


ALLDAY TIME SYSTEMS LIMITED (REGISTERED NUMBER: 04116785)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2017

1. STATUTORY INFORMATION

Allday Time Systems 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. 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 represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts where
turnover is recognised only over the period of the contract.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of businesses in 2004, 2005, 2009, 2010, 2011, 2012
2014 and 2017 is being written off evenly over its estimated useful economic life of ten years.

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.

Computer software
Computer software development is capitalised and written off over it's estimated useful economic life of 10 and 5 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & equipment - 15% on reducing balance
Rental equipment - 10% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
items.

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.


ALLDAY TIME SYSTEMS LIMITED (REGISTERED NUMBER: 04116785)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2017

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet
date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction.
Exchange differences are taken into account in arriving at the operating result.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 .

4. INTANGIBLE FIXED ASSETS
Computer
Goodwill software Totals
£    £    £   
COST
At 1 April 2016 1,040,670 291,206 1,331,876
Additions 21,900 81,293 103,193
At 31 March 2017 1,062,570 372,499 1,435,069
AMORTISATION
At 1 April 2016 538,065 171,284 709,349
Amortisation for year 93,910 52,140 146,050
At 31 March 2017 631,975 223,424 855,399
NET BOOK VALUE
At 31 March 2017 430,595 149,075 579,670
At 31 March 2016 502,605 119,922 622,527

ALLDAY TIME SYSTEMS LIMITED (REGISTERED NUMBER: 04116785)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2017

5. TANGIBLE FIXED ASSETS
Fixtures Rental Motor Computer
& equipment equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2016 46,326 370,525 123,245 45,221 585,317
Additions 1,045 29,494 50,315 1,860 82,714
Disposals - (2,678 ) (45,590 ) - (48,268 )
At 31 March 2017 47,371 397,341 127,970 47,081 619,763
DEPRECIATION
At 1 April 2016 28,836 249,795 101,131 35,923 415,685
Charge for year 2,781 29,792 17,610 4,443 54,626
Eliminated on disposal - (2,678 ) (38,176 ) - (40,854 )
At 31 March 2017 31,617 276,909 80,565 40,366 429,457
NET BOOK VALUE
At 31 March 2017 15,754 120,432 47,405 6,715 190,306
At 31 March 2016 17,490 120,730 22,114 9,298 169,632

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2016
and 31 March 2017 297,307
PROVISIONS
At 1 April 2016
and 31 March 2017 297,205
NET BOOK VALUE
At 31 March 2017 102
At 31 March 2016 102

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 299,206 309,811
Other debtors 11,270 70
Prepayments 43,370 46,013
353,846 355,894

ALLDAY TIME SYSTEMS LIMITED (REGISTERED NUMBER: 04116785)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2017

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 83,298 86,003
Amounts owed to group undertakings 109 2,949
Tax 38,969 68,727
Social security and other taxes 60,660 56,604
Other creditors 20,808 19,441
Partnership loan - 68,813
Directors' current accounts 4,418 17,522
Accruals & deferred income 280,531 261,385
488,793 581,444

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
1,000 Ordinary £1 1,000 1,000

10. RESERVES
Retained
earnings
£   

At 1 April 2016 755,559
Profit for the year 252,931
Dividends (137,283 )
At 31 March 2017 871,207

ALLDAY TIME SYSTEMS LIMITED (REGISTERED NUMBER: 04116785)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2017

11. RELATED PARTY DISCLOSURES

During the year the company had the following transactions with Allday Time Systems, a partnership in which R S Mason
and Mrs J Mason are the joint partners:-

£ £
2017 2016

Rent paid 48,000 48,000
Consultancy fees paid 15,000



At the balance sheet date, trade creditors includes £12,000 (2016: £15,000) due to Allday Time Systems.

At the balance sheet date there was a liability of £nil (2016: £68,813) representing the outstanding balance due to the
partners of Allday Time Systems arising from the sale of the clock rental business. No additional loans have been made
during the year. During the year the partners from Allday Time Systems did not advance any funds and were repaid £68,813
(2016: £82,431).

Allday Time Systems were advanced a further £7,170 from the company, resulting in a debtor or £7,170 at the year end.

Allday Time Systems owns the freehold property from which the company trades.

All transactions are carried out at arms length and at market value.

12. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.