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REGISTERED NUMBER: 08683474 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2018

FOR

FLEMINGATE ACCOUNTANCY AND TAXATION
LIMITED

FLEMINGATE ACCOUNTANCY AND TAXATION
LIMITED (REGISTERED NUMBER: 08683474)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FLEMINGATE ACCOUNTANCY AND TAXATION
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST AUGUST 2018







DIRECTOR: J R Longhorn





SECRETARY: Mrs S Longhorn





REGISTERED OFFICE: 1 Village Courtyard
High Street
Holme On Spalding Moor
York
North Yorkshire
YO43 4AA





REGISTERED NUMBER: 08683474 (England and Wales)





ACCOUNTANTS: Flemingate - Accountancy and Taxation
1 Village Courtyard
High Street
Holme on Spalding Moor
York
North Yorkshire
YO43 4AA

FLEMINGATE ACCOUNTANCY AND TAXATION
LIMITED (REGISTERED NUMBER: 08683474)

BALANCE SHEET
31ST AUGUST 2018

31.8.18 31.8.17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 245,000 245,000
Tangible assets 5 3,231 3,801
248,231 248,801

CURRENT ASSETS
Stocks 11,733 7,120
Debtors 6 31,771 35,905
Cash in hand - 837
43,504 43,862
CREDITORS
Amounts falling due within one year 7 66,177 82,589
NET CURRENT LIABILITIES (22,673 ) (38,727 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

225,558

210,074

PROVISIONS FOR LIABILITIES 340 388
NET ASSETS 225,218 209,686

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 225,216 209,684
SHAREHOLDERS' FUNDS 225,218 209,686

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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.

FLEMINGATE ACCOUNTANCY AND TAXATION
LIMITED (REGISTERED NUMBER: 08683474)

BALANCE SHEET - continued
31ST AUGUST 2018


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 16th November 2018 and were signed by:





J R Longhorn - Director


FLEMINGATE ACCOUNTANCY AND TAXATION
LIMITED (REGISTERED NUMBER: 08683474)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2018

1. STATUTORY INFORMATION

Flemingate Accountancy And Taxation 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.

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.
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.

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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 4 ) .

FLEMINGATE ACCOUNTANCY AND TAXATION
LIMITED (REGISTERED NUMBER: 08683474)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2018

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st September 2017
and 31st August 2018 245,000
NET BOOK VALUE
At 31st August 2018 245,000
At 31st August 2017 245,000

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st September 2017
and 31st August 2018 6,166
DEPRECIATION
At 1st September 2017 2,365
Charge for year 570
At 31st August 2018 2,935
NET BOOK VALUE
At 31st August 2018 3,231
At 31st August 2017 3,801

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.18 31.8.17
£    £   
Trade debtors 30,372 33,960
Prepayments 1,399 1,945
31,771 35,905

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.18 31.8.17
£    £   
Bank loans and overdrafts 7,688 10,887
Trade creditors 8,451 8,812
Tax 33,334 48,123
Social security and other taxes 153 38
VAT 12,911 5,125
Directors' current accounts 3,366 9,243
Accrued expenses 274 361
66,177 82,589

FLEMINGATE ACCOUNTANCY AND TAXATION
LIMITED (REGISTERED NUMBER: 08683474)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2018

8. RELATED PARTY DISCLOSURES

Throughout the course of the period the company transacted with the director by way of an interest free loan
account. The balance owing to the director at the start of the year was £ 9,243. The director introduced amounts
of £ 103,251 and withdrew amounts of £ 109,128. The balance owing to the director at the balance sheet date
was £ 3,366.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the director and his wife who own 100% of the issued share capital.