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REGISTERED NUMBER: 06494644 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2017

for

Bionic Gloves Technology Europe Limited

Bionic Gloves Technology Europe Limited (Registered number: 06494644)






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


Bionic Gloves Technology Europe Limited

Company Information
for the Year Ended 31 January 2017







DIRECTORS: M J Richardson
Mrs. K J Richardson





SECRETARY:





REGISTERED OFFICE: Fence House
Fence Avenue
Macclesfield
Cheshire
SK10 1LT





REGISTERED NUMBER: 06494644 (England and Wales)





ACCOUNTANTS: BrierleyHolt (Accountants) Limited
78 Borough Road
Altrincham
Cheshire
WA15 9EJ

Bionic Gloves Technology Europe Limited (Registered number: 06494644)

Balance Sheet
31 January 2017

31.1.17 31.1.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 671 855

CURRENT ASSETS
Stocks 132,928 120,000
Debtors 5 52,054 65,446
Cash at bank 13,471 16,493
198,453 201,939
CREDITORS
Amounts falling due within one year 6 116,061 107,755
NET CURRENT ASSETS 82,392 94,184
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,063

95,039

CREDITORS
Amounts falling due after more than
one year

7

22,903

48,833
NET ASSETS 60,160 46,206

CAPITAL AND RESERVES
Called up share capital 202 202
Retained earnings 59,958 46,004
SHAREHOLDERS' FUNDS 60,160 46,206

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Bionic Gloves Technology Europe Limited (Registered number: 06494644)

Balance Sheet - continued
31 January 2017


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 Board of Directors on 23 October 2017 and were
signed on its behalf by:





M J Richardson - Director


Bionic Gloves Technology Europe Limited (Registered number: 06494644)

Notes to the Financial Statements
for the Year Ended 31 January 2017

1. STATUTORY INFORMATION

Bionic Gloves Technology Europe 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.

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.

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.

Bionic Gloves Technology Europe Limited (Registered number: 06494644)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2017

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2016 2,335
Additions 353
At 31 January 2017 2,688
DEPRECIATION
At 1 February 2016 1,480
Charge for year 537
At 31 January 2017 2,017
NET BOOK VALUE
At 31 January 2017 671
At 31 January 2016 855

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.17 31.1.16
£    £   
Trade debtors 29,379 43,180
Other debtors 22,675 22,266
52,054 65,446

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.17 31.1.16
£    £   
Trade creditors 73,942 45,054
Taxation and social security 6,353 5,572
Other creditors 35,766 57,129
116,061 107,755

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.17 31.1.16
£    £   
Other creditors 22,903 48,833