Agony Aunts Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02586896 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 July 2017

for

Agony Aunts Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs D G Parr

P W Parr

REGISTERED OFFICE:

41 Coleridge Road

Ashford

Middlesex

TW15 2QS

REGISTERED NUMBER:

02586896 (England and Wales)

ACCOUNTANTS:

Hunt Ford & Co

Osborne House

143-145 Stanwell Road

Ashford

Middlesex

TW15 3QN

CURRENT ASSETS

Debtors

5

4,248

2,064

Cash at bank

11,518

3,200

15,766

5,264

CREDITORS

Amounts falling due within one year

6

35,557

37,889

NET CURRENT LIABILITIES

(19,791

)

(32,625

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(19,791

)

(32,625

)

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

(19,793

)

(32,627

)

SHAREHOLDERS' FUNDS

(19,791

)

(32,625

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 20 April 2018 and were signed on its
behalf by:

Mrs D G Parr - Director

P W Parr - Director

1.	STATUTORY INFORMATION

Agony Aunts 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 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.

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% 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.

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.

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 2 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 August 2016

and 31 July 2017

1,026

5,513

6,539

DEPRECIATION

At 1 August 2016

and 31 July 2017

1,026

5,513

6,539

NET BOOK VALUE

At 31 July 2017

-

At 31 July 2016

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/17

31/7/16

£

Trade debtors

4,248

2,064

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/17

31/7/16

£

Trade creditors

656

450

Taxation and social security

2,609

1,822

Other creditors

32,292

35,617

35,557

37,889

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following loans were outstanding and due to the directors:

Mrs DG Parr £18,676 ( 2016 £15,678 )

Mr PW Parr £12,261 ( 2016 £18,584 )

At the year end these loans total £30,937 and are included in note 6 to the accounts. The directors

are aware that the the ongoing viability of the company,as a going concern, remains dependent on

the continued availability of these loans until such time as the negative reserves are returned to

order.

8.	ULTIMATE CONTROLLING PARTY

There is no controlling party,as such, as the company remains under the joint control of both

directors as equal shareholders.