Beaford Solutions Limited |
Registered number: |
07184911 |
Balance Sheet |
as at 31 March 2018 |
|
Notes |
|
|
2018 |
|
|
2017 |
£ |
£ |
Fixed assets |
Tangible assets |
4 |
|
|
810 |
|
|
280 |
|
Current assets |
Debtors |
5 |
|
4,560 |
|
|
1,641 |
Cash at bank and in hand |
|
|
18,674 |
|
|
13,867 |
|
|
|
23,234 |
|
|
15,508 |
|
Creditors: amounts falling due within one year |
6 |
|
(12,676) |
|
|
(12,188) |
|
Net current assets |
|
|
|
10,558 |
|
|
3,320 |
|
Total assets less current liabilities |
|
|
|
11,368 |
|
|
3,600 |
|
|
Provisions for liabilities |
|
|
|
(154) |
|
|
(53) |
|
|
Net assets |
|
|
|
11,214 |
|
|
3,547 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
1,000 |
|
|
1,000 |
Profit and loss account |
|
|
|
10,214 |
|
|
2,547 |
|
Shareholders' funds |
|
|
|
11,214 |
|
|
3,547 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
G. Davies |
Director |
Approved by the board on 7 November 2018 |
|
Beaford Solutions Limited |
Notes to the Accounts |
for the year ended 31 March 2018 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable for the provision of services, net of discounts and value added taxes. Turnover from the rendering of services is recognised as time elapses. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
3 years straight line |
|
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they paid. |
|
|
2 |
Employees |
2018 |
|
2017 |
Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 April 2017 |
10,000 |
|
At 31 March 2018 |
10,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2017 |
10,000 |
|
At 31 March 2018 |
10,000 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2018 |
- |
|
|
|
|
|
|
|
|
|
|
Goodwill was being written off in equal annual instalments over its estimated economic life of 5 years. |
|
|
4 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
£ |
|
Cost |
|
At 1 April 2017 |
2,774 |
|
Additions |
1,153 |
|
At 31 March 2018 |
3,927 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2017 |
2,494 |
|
Charge for the year |
623 |
|
At 31 March 2018 |
3,117 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2018 |
810 |
|
At 31 March 2017 |
280 |
|
|
5 |
Debtors |
2018 |
|
2017 |
£ |
£ |
|
|
Trade debtors |
4,560 |
|
1,094 |
|
Other debtors |
- |
|
547 |
|
|
|
|
|
|
4,560 |
|
1,641 |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
£ |
£ |
|
|
Taxation and social security costs |
12,226 |
|
11,722 |
|
Other creditors |
450 |
|
466 |
|
|
|
|
|
|
12,676 |
|
12,188 |
|
|
|
|
|
|
|
|
|
|
7 |
Controlling party |
|
|
The company is owned and controlled by the directors. |
|
|
8 |
Other information |
|
|
Beaford Solutions Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Little Lindens |
|
Linden Pit Path |
|
Leatherhead |
|
Surrey |
|
KT22 7JD |