REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017 |
FOR |
ABLEMATTER LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017 |
FOR |
ABLEMATTER LIMITED |
ABLEMATTER LIMITED (REGISTERED NUMBER: 05366369) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2017 |
Page |
Company information | 1 |
Balance sheet | 2 |
Notes to the financial statements | 3 |
Report of the accountants | 4 |
ABLEMATTER LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MARCH 2017 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Victoria House |
Plas Llwyd Terrace |
Bangor |
Gwynedd |
LL57 1UB |
ABLEMATTER LIMITED (REGISTERED NUMBER: 05366369) |
BALANCE SHEET |
31 MARCH 2017 |
31.3.17 | 31.3.16 |
Notes | £ | £ |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 3 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
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 signed on its behalf by: |
ABLEMATTER LIMITED (REGISTERED NUMBER: 05366369) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2017 |
1. | STATUTORY INFORMATION |
Ablematter Limited is a |
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 |
First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A |
These financial statements for the year ended 31 March 2017 are the first that are prepared |
in accordance with FRS 102 Section 1A. The previous financial statements were prepared in |
accordance with UK GAAP, the date of transition to FRS 102 Section 1A is 1 April 2015. |
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. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.17 | 31.3.16 |
£ | £ |
Taxation and social security |
Other creditors |
ABLEMATTER LIMITED |
REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF |
ABLEMATTER LIMITED |
The following reproduces the text of the report prepared for the directors in respect of the |
company's annual unaudited financial statements. In accordance with the Companies Act |
2006, the company is only required to file a Balance sheet. Readers are cautioned that the |
Income statement and certain other primary statements and the Report of the directors are |
not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006 we have prepared for your |
approval the accounts of Ablematter Limited for the year ended 31 March 2017 from the |
Company's accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject |
to its ethical and other professional requirements which are detailed at |
http://rulebook.accaglobal.com. |
Our work has been undertaken in accordance with the requirements of the Association of |
Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
Chartered Certified Accountants |
Victoria House |
Plas Llwyd Terrace |
Bangor |
Gwynedd |
LL57 1UB |