Company Registration No. 10616584 (England and Wales)
Notwics Limited
Unaudited accounts
for the period from 13 February 2017 to 31 March 2018
Notwics Limited
Unaudited accounts
Contents
Notwics Limited
Company Information
for the period from 13 February 2017 to 31 March 2018
Company Number
10616584 (England and Wales)
Registered Office
66 Temple Sheen Road
London
SW14 7QG
United Kingdom
Accountants
Yannons Chartered Accountants
The Gallery
New Quay Street
Teignmouth
Devon
TQ14 8DA
Notwics Limited
Statement of financial position
as at 31 March 2018
Cash at bank and in hand
19,591
Creditors: amounts falling due within one year
(32,824)
Net current liabilities
(685)
Total assets less current liabilities
587
Provisions for liabilities
Profit and loss account
344
For the period ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 13 November 2018.
C J Lowe
Director
Company Registration No. 10616584
Notwics Limited
Notes to the Accounts
for the period from 13 February 2017 to 31 March 2018
Notwics Limited is a private company, limited by shares, registered in England and Wales, registration number 10616584. The registered office is 66 Temple Sheen Road, London, SW14 7QG, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover represents the gross invoice value of services delivered in the accounting period less the related VAT payable.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Computer equipment
Notwics Limited
Notes to the Accounts
for the period from 13 February 2017 to 31 March 2018
6
Creditors: amounts falling due within one year
2018
Taxes and social security
30,304
Accelerated capital allowances
242
Charged to the profit and loss account
242
Provision at end of period
242
Allotted, called up and fully paid:
100 Ordinary shares of £0.01 each
1
Shares issued during the period:
100 Ordinary shares of £0.01 each
1
9
Average number of employees
During the period the average number of employees was 1.