Activity Co (UK) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04794590 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2018

FOR

ACTIVITY CO (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S K Descher

REGISTERED OFFICE:

Rivendell, O'Keys Lane

Fernhill Heath

Worcester

Worcestershire

WR3 8RL

REGISTERED NUMBER:

04794590 (England and Wales)

ACCOUNTANTS:

Hayward Wright Ltd

4 Clews Road

Redditch

Worcestershire

B98 7ST

FIXED ASSETS

Tangible assets

4

1,234

2,179

CURRENT ASSETS

Debtors

5

1,001

1,128

Cash at bank

28,283

27,482

29,284

28,610

CREDITORS

Amounts falling due within one year

6

30,256

30,489

NET CURRENT LIABILITIES

(972

)

(1,879

)

TOTAL ASSETS LESS CURRENT LIABILITIES

262

300

CAPITAL AND RESERVES

Called up share capital

7

2

Retained earnings

8

260

298

SHAREHOLDERS' FUNDS

262

300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 19th April 2018 and were signed by:

S K Descher - Director

1.	STATUTORY INFORMATION

Activity Co (UK) 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 reducing balance

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 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1st April 2017

11,579

Disposals

(8,800

)

At 31st March 2018

2,779

DEPRECIATION

At 1st April 2017

9,400

Charge for year

269

Eliminated on disposal

(8,124

)

At 31st March 2018

1,545

NET BOOK VALUE

At 31st March 2018

1,234

At 31st March 2017

2,179

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Trade debtors

1,001

-

Deferred tax asset

Tax losses carried forward

-

1,128

1,001

1,128

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Trade creditors

4,537

952

Tax

2,634

-

VAT

3,083

2,250

Directors' current accounts

18,972

25,527

Deferred Income

-

960

Accrued expenses

1,030

800

30,256

30,489

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

2

Ordinary

1

2

8.

RESERVES

Retained

earnings

£

At 1st April 2017

298

Profit for the year

13,962

Dividends

(14,000

)

At 31st March 2018

260

9.	RELATED PARTY DISCLOSURES

Dividends paid to S K Descher, the director, in the year totalled £14,000 (2017: 5,000).

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by the director, S K Descher