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REGISTERED NUMBER: SC195278 (Scotland)




















IPulse Management Scotland Limited

Unaudited Financial Statements

for the Year Ended 31 March 2017






IPulse Management Scotland Limited (Registered number: SC195278)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IPulse Management Scotland Limited

Company Information
for the Year Ended 31 March 2017







DIRECTOR: Miss P A Berry



SECRETARY: Whitelaw Wells



REGISTERED OFFICE: 227 Dalry Road
Edinburgh
EH11 2EQ



REGISTERED NUMBER: SC195278 (Scotland)



ACCOUNTANTS: Whitelaw Wells
9 Ainslie Place
Edinburgh
Midlothian
EH3 6AS



BANKERS: Cater Allen
9 Nelson Street
Bradford
BD1 5AN

IPulse Management Scotland Limited (Registered number: SC195278)

Balance Sheet
31 March 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 567 857

CURRENT ASSETS
Debtors 5 8,770 7,565
Cash at bank and in hand 10,594 4,619
19,364 12,184
CREDITORS
Amounts falling due within one year 6 18,527 10,887
NET CURRENT ASSETS 837 1,297
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,404

2,154

PROVISIONS FOR LIABILITIES 108 171
NET ASSETS 1,296 1,983

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,294 1,981
SHAREHOLDERS' FUNDS 1,296 1,983

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

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

The director acknowledges her 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.

IPulse Management Scotland Limited (Registered number: SC195278)

Balance Sheet - continued
31 March 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 director on 5 December 2017 and were signed by:





Miss P A Berry - Director


IPulse Management Scotland Limited (Registered number: SC195278)

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

1. STATUTORY INFORMATION

IPulse Management Scotland Limited is a private company, limited by shares , registered in
Scotland. 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 and revenue recognition
Turnover represents invoiced provision of computer consultancy services, excluding value added
tax, except in respect of service contracts where turnover is recognised when the company obtains
the right to consideration.

The company has operated under the VAT Flat Rate Scheme with effect from 1 October 2012.

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 - 20% on cost

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and
subsequently measured at their settlement value.

All loans with related parties are all repayable on demand.

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.


IPulse Management Scotland Limited (Registered number: SC195278)

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

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

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 April 2016
and 31 March 2017 2,939
DEPRECIATION
At 1 April 2016 2,082
Charge for year 290
At 31 March 2017 2,372
NET BOOK VALUE
At 31 March 2017 567
At 31 March 2016 857

IPulse Management Scotland Limited (Registered number: SC195278)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 8,768 -
Amounts owed by group undertakings 2 2
Other debtors - 7,563
8,770 7,565

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Taxation and social security 14,805 9,190
Other creditors 3,722 1,697
18,527 10,887

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2017
and 31 March 2016:

2017 2016
£    £   
Miss P A Berry
Balance outstanding at start of year 7,563 5,623
Amounts advanced 706 10,638
Amounts repaid (10,352 ) (8,698 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,083 ) 7,563

8. ULTIMATE CONTROLLING PARTY

The controlling party is Securix Ltd (registered office 227 Dalry Road, Edinburgh EH11 2EQ).

9. FIRST YEAR ADOPTION

In preparing the accounts, the director has considered whether in applying the accounting policies
required by FRS 102 a restatement of comparative items was needed. No restatements were
required. Accordingly, no reconciliation of opening balances or net income/(expenditure) for the
period has been prepared.