IRIS Accounts Production v18.1.2.30 04560642 Board of Directors 1.10.16 30.9.17 30.9.17 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure045606422016-09-30045606422017-09-30045606422016-10-012017-09-30045606422015-09-30045606422015-10-012016-09-30045606422016-09-3004560642ns15:EnglandWales2016-10-012017-09-3004560642ns14:PoundSterling2016-10-012017-09-3004560642ns10:Director12016-10-012017-09-3004560642ns10:PrivateLimitedCompanyLtd2016-10-012017-09-3004560642ns10:SmallEntities2016-10-012017-09-3004560642ns10:AuditExempt-NoAccountantsReport2016-10-012017-09-3004560642ns10:SmallCompaniesRegimeForDirectorsReport2016-10-012017-09-3004560642ns10:SmallCompaniesRegimeForAccounts2016-10-012017-09-3004560642ns10:FullAccounts2016-10-012017-09-300456064212016-10-012017-09-3004560642ns10:Director22016-10-012017-09-3004560642ns10:CompanySecretary12016-10-012017-09-3004560642ns10:RegisteredOffice2016-10-012017-09-3004560642ns5:CurrentFinancialInstruments2017-09-3004560642ns5:CurrentFinancialInstruments2016-09-3004560642ns5:ShareCapital2017-09-3004560642ns5:ShareCapital2016-09-3004560642ns5:RetainedEarningsAccumulatedLosses2017-09-3004560642ns5:RetainedEarningsAccumulatedLosses2016-09-3004560642ns5:NetGoodwill2016-10-012017-09-3004560642ns5:IntangibleAssetsOtherThanGoodwill2016-10-012017-09-3004560642ns5:PlantMachinery2016-10-012017-09-3004560642ns5:FurnitureFittings2016-10-012017-09-3004560642ns5:NetGoodwill2016-09-3004560642ns5:NetGoodwill2017-09-3004560642ns5:NetGoodwill2016-09-3004560642ns5:PlantMachinery2016-09-3004560642ns5:FurnitureFittings2016-09-3004560642ns5:PlantMachinery2017-09-3004560642ns5:FurnitureFittings2017-09-3004560642ns5:PlantMachinery2016-09-3004560642ns5:FurnitureFittings2016-09-3004560642ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-09-3004560642ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-09-3004560642ns5:DeferredTaxation2016-09-3004560642ns5:DeferredTaxation2016-10-012017-09-3004560642ns5:DeferredTaxation2017-09-30


REGISTERED NUMBER: 04560642 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017

FOR

ACADEMY DESIGN PARTNERSHIP LIMITED

ACADEMY DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 04560642)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ACADEMY DESIGN PARTNERSHIP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2017







DIRECTORS: P A F Lindt
J C Norman





SECRETARY: J C Norman





REGISTERED OFFICE: Suite 202
Hiltongrove Business Centre
Hatherley Mews
London
E17 4QP





REGISTERED NUMBER: 04560642 (England and Wales)





ACCOUNTANTS: Cassidys Chartered Accountants
South Stour Offices
Roman Road
Mersham
Ashford
Kent
TN25 7HS

ACADEMY DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 04560642)

BALANCE SHEET
30 SEPTEMBER 2017

30.9.17 30.9.16
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 46,875 56,250
Tangible assets 5 4,124 5,151
50,999 61,401

CURRENT ASSETS
Stocks 4,550 9,500
Debtors 6 12,287 7,052
Cash at bank 36,772 52,378
53,609 68,930
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

7

24,905

41,919
NET CURRENT ASSETS 28,704 27,011
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,703

88,412

PROVISIONS FOR LIABILITIES 8 783 1,030
NET ASSETS 78,920 87,382

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 78,820 87,282
SHAREHOLDERS' FUNDS 78,920 87,382

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

ACADEMY DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 04560642)

BALANCE SHEET - continued
30 SEPTEMBER 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 25 June 2018 and were signed on its behalf by:





P A F Lindt - Director


ACADEMY DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 04560642)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2017


1. STATUTORY INFORMATION

Academy Design Partnership 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.

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


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty 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.

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 - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

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.


ACADEMY DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 04560642)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2016
and 30 September 2017 187,500
AMORTISATION
At 1 October 2016 131,250
Amortisation for year 9,375
At 30 September 2017 140,625
NET BOOK VALUE
At 30 September 2017 46,875
At 30 September 2016 56,250

ACADEMY DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 04560642)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2017


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 October 2016
and 30 September 2017 12,236 662 12,898
DEPRECIATION
At 1 October 2016 7,175 572 7,747
Charge for year 1,012 15 1,027
At 30 September 2017 8,187 587 8,774
NET BOOK VALUE
At 30 September 2017 4,049 75 4,124
At 30 September 2016 5,061 90 5,151

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Trade debtors 12,287 7,052

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Trade creditors 9,074 8,891
Taxation and social security 13,450 28,560
Other creditors 2,381 4,468
24,905 41,919

8. PROVISIONS FOR LIABILITIES
30.9.17 30.9.16
£    £   
Deferred tax 783 1,030

Deferred
tax
£   
Balance at 1 October 2016 1,030
Provided during year (247 )
Movement
Balance at 30 September 2017 783

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £45,900 (2016 - £66,416) were paid to the directors .

ACADEMY DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 04560642)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2017


9. RELATED PARTY DISCLOSURES - continued

Mr P A F Lindt - Director and Shareholder

At the balance sheet date Academy Design Partnership Ltd owed Mr Lindt £15 (2016 - the company owed Mr
Lindt £863 ).


Mr J C Norman - Director and Shareholder

At the balance sheet date Academy Design Partnership Ltd owed Mr Norman £66 (2016 - the company owed Mr
Lindt £1,305 ).

10. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors, who between them, own 100% of the issued share capital.