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REGISTERED NUMBER: 06127089 (England and Wales)










Unaudited Financial Statements for the Year Ended 28 February 2018

for

NodeMax Limited

NodeMax Limited (Registered number: 06127089)






Contents of the Financial Statements
for the Year Ended 28 February 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NodeMax Limited

Company Information
for the Year Ended 28 February 2018







DIRECTOR: A J Turner





SECRETARY: Ms C Sims





REGISTERED OFFICE: 75 Springfield Road
Chelmsford
Essex
CM2 6JB





REGISTERED NUMBER: 06127089 (England and Wales)





ACCOUNTANTS: NSO Associates LLP
75 Springfield Road
Chelmsford
Essex
CM2 6JB

NodeMax Limited (Registered number: 06127089)

Balance Sheet
28 February 2018

28.2.17 28.2.18
£    £    Notes £    £   
FIXED ASSETS
60,784 Tangible assets 4 18,862

CURRENT ASSETS
26,558 Debtors 5 19,322
880 Cash at bank 95
27,438 19,417
CREDITORS
93,569 Amounts falling due within one year 6 95,233
(66,131 ) NET CURRENT LIABILITIES (75,816 )
(5,347 ) TOTAL ASSETS LESS CURRENT
LIABILITIES

(56,954

)

CAPITAL AND RESERVES
180,000 Called up share capital 180,000
9,159 Revaluation reserve 7 9,159
(194,506 ) Retained earnings (246,113 )
(5,347 ) SHAREHOLDERS' FUNDS (56,954 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 12 November 2018 and were signed by:





A J Turner - Director


NodeMax Limited (Registered number: 06127089)

Notes to the Financial Statements
for the Year Ended 28 February 2018

1. STATUTORY INFORMATION

NodeMax 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 as modified by the revaluation of certain assets.

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.
Plant and machinery etc - 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 1 (2017 - 1 ) .

NodeMax Limited (Registered number: 06127089)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST OR VALUATION
At 1 March 2017 233,499
Additions 3,384
At 28 February 2018 236,883
DEPRECIATION
At 1 March 2017 172,715
Charge for year 45,306
At 28 February 2018 218,021
NET BOOK VALUE
At 28 February 2018 18,862
At 28 February 2017 60,784

Cost or valuation at 28 February 2018 is represented by:

Plant and
machinery
etc
£   
Valuation in 2014 9,159
Cost 227,724
236,883

If Equipment had not been revalued it would have been included at the following historical cost:

28.2.18 28.2.17
£    £   
Cost 225,231 221,847

Equipment was valued on on an open market basis on 28 February 2015 by the director. .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Trade debtors 3,789 4,152
Other debtors 15,533 22,406
19,322 26,558

NodeMax Limited (Registered number: 06127089)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Trade creditors 49,508 20,015
Taxation and social security 798 1,483
Other creditors 44,927 72,071
95,233 93,569

7. RESERVES
Revaluation
reserve
£   
At 1 March 2017
and 28 February 2018 9,159

8. POST BALANCE SHEET EVENTS

There were no post balance sheet events which require being brought to the attention of the shareholders or
creditors.

9. ULTIMATE CONTROLLING PARTY

The controlling party is A J Turner.

10. GOING CONCERN

At 28th February 2018 the company had a net deficiency of assets of £56,954. The director has undertaken to
financially support the company until the situation has been fully redressed. It is therefore deemed appropriate
to prepare the financial statements on the going concern basis.