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REGISTERED NUMBER: SC377817 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2017

for

Actionus Development Limited

Actionus Development Limited (Registered number: SC377817)






Contents of the Financial Statements
for the Year Ended 31 December 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Actionus Development Limited

Company Information
for the Year Ended 31 December 2017







DIRECTORS: A M Mackie
Ms L E Mitchell





REGISTERED OFFICE: Platinum House
23 Eagle Street
Glasgow
G4 9XA





REGISTERED NUMBER: SC377817 (Scotland)





ACCOUNTANTS: Lamont Blair Chartered Accountants
1A Berwick Drive
Rutherglen
South Lanarkshire
G73 3JP

Actionus Development Limited (Registered number: SC377817)

Abridged Balance Sheet
31 December 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,016 2,462
3,016 2,462

CURRENT ASSETS
Debtors 43,233 3,112
Cash at bank 33,725 3,710
76,958 6,822
CREDITORS
Amounts falling due within one year 43,147 11,988
NET CURRENT ASSETS/(LIABILITIES) 33,811 (5,166 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,827

(2,704

)

PROVISIONS FOR LIABILITIES (603 ) -

ACCRUALS AND DEFERRED INCOME (30,450 ) -
NET ASSETS/(LIABILITIES) 5,774 (2,704 )

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 5,674 (2,804 )
SHAREHOLDERS' FUNDS 5,774 (2,704 )

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.

Actionus Development Limited (Registered number: SC377817)

Abridged Balance Sheet - continued
31 December 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 16 August 2018 and were signed on its behalf by:





A M Mackie - Director


Actionus Development Limited (Registered number: SC377817)

Notes to the Financial Statements
for the Year Ended 31 December 2017

1. STATUTORY INFORMATION

Actionus Development Limited is a private company, limited by shares , registered in Scotland. The company's
registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The company has transitioned to FRS 102 from previously extant United Kingdom Generally Accepted
Accounting Practice as at 1st January 2016. The reported financial position and financial performance for the
previous year are not affected by the transition to FRS 102.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors,
including expectations of future events that are believed to be reasonable under the circumstances. Although
these estimates are based on management's best knowledge of the amount, events or actions, actual results
ultimately may differ from those estimates.

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.

Franchise fee
The Franchise was purchased in June 2010 and is amortised over 60 months.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

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.


Actionus Development Limited (Registered number: SC377817)

Notes to the Financial Statements - continued
for the Year Ended 31 December 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.

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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by cash and deposits with financial institutions repayable without penalty on notice of not
more than twenty four hours. Cash equivalents are highly liquid investments that mature in no more than three
months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant
risk of change in value.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are
measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using
the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2016 - 2 ).

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2017
and 31 December 2017 40,234
AMORTISATION
At 1 January 2017
and 31 December 2017 40,234
NET BOOK VALUE

At 31 December 2017 -
At 31 December 2016 -

Actionus Development Limited (Registered number: SC377817)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2017

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2017 7,672
Additions 2,115
At 31 December 2017 9,787
DEPRECIATION
At 1 January 2017 5,210
Charge for year 1,561
At 31 December 2017 6,771
NET BOOK VALUE
At 31 December 2017 3,016
At 31 December 2016 2,462

6. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
50 Ordinary A Shares £1 50 50
50 Ordinary B shares £1 50 50
100 100

The A shares have full voting rights and are entitled to attend any members meetings or vote on any members
resolutions of the company. The B shares have no voting rights and are not entitled to attend any members
meetings nor vote on any members resolutions of the company. Both classes of shares rank the same for rights to
dividends and rights on winding up.

7. ULTIMATE CONTROLLING PARTY

The controlling party is A M Mackie.