REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 January 2017 |
for |
David Vacha & Co Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 January 2017 |
for |
David Vacha & Co Ltd |
David Vacha & Co Ltd (Registered number: 06041133) |
Contents of the Financial Statements |
for the Year Ended 31 January 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
David Vacha & Co Ltd |
Company Information |
for the Year Ended 31 January 2017 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Bennett House |
The Dean |
Alresford |
Hampshire |
SO24 9BH |
David Vacha & Co Ltd (Registered number: 06041133) |
Balance Sheet |
31 January 2017 |
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
PROVISIONS FOR LIABILITIES | 8 |
NET (LIABILITIES)/ASSETS | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Retained earnings | 10 | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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. |
David Vacha & Co Ltd (Registered number: 06041133) |
Balance Sheet - continued |
31 January 2017 |
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 |
David Vacha & Co Ltd (Registered number: 06041133) |
Notes to the Financial Statements |
for the Year Ended 31 January 2017 |
1. | STATUTORY INFORMATION |
David Vacha & Co Ltd is a |
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 |
Turnover |
Turnover represents the value of invoiced sevices, net of value added tax and trade discounts. Turnover is |
recognised on the raising of an invoice. |
Goodwill |
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 |
Plant and machinery | - |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 February 2016 |
and 31 January 2017 |
AMORTISATION |
At 1 February 2016 |
Amortisation for year |
At 31 January 2017 |
NET BOOK VALUE |
At 31 January 2017 |
At 31 January 2016 |
David Vacha & Co Ltd (Registered number: 06041133) |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2017 |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
£ |
COST |
At 1 February 2016 |
and 31 January 2017 |
DEPRECIATION |
At 1 February 2016 |
Charge for year |
At 31 January 2017 |
NET BOOK VALUE |
At 31 January 2017 |
At 31 January 2016 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
Directors' current accounts | 15,096 | - |
Corporation tax |
Prepayments and accrued income |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Corporation tax |
VAT | 2,809 | 4,573 |
Other creditors | 25,282 | 32,257 |
Directors' current accounts | - | 1,406 |
Accrued expenses |
8. | PROVISIONS FOR LIABILITIES |
2017 | 2016 |
£ | £ |
Deferred tax | 204 | - |
Deferred |
tax |
£ |
Accelerated capital allowances | 204 |
Balance at 31 January 2017 |
David Vacha & Co Ltd (Registered number: 06041133) |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2017 |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2017 | 2016 |
value: | £ | £ |
Ordinary | £1 | 1 | 1 |
10. | RESERVES |
Retained |
earnings |
£ |
At 1 February 2016 |
Deficit for the year | ( |
) |
At 31 January 2017 | ( |
) |
11. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the years ended 31 January 2017 and |
31 January 2016: |
2017 | 2016 |
£ | £ |
Balance outstanding at start of year | ( |
) | ( |
) |
Amounts advanced |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year | ( |
) |
12. | RELATED PARTY DISCLOSURES |
D Vacha |
Director and shareholder |
During the year, the company paid dividends of £nil (2016: £13,000) to the director. The loan due from the |
director at the year end carries interest at 3% per annum and is repayable on demand. |
13. | ULTIMATE CONTROLLING PARTY |
During the period under review the company was under the control of Mr D Vacha, a director of the company, |
by virtue of his 100% shareholding. |