Bev Ashby Associates Ltd FILLETED ACCOUNTS COVER
Bev Ashby Associates Ltd
Company No. 08912998
Information for Filing with The Registrar
31 October 2018
Bev Ashby Associates Ltd DIRECTORS REPORT REGISTRAR
The Director presents his report and the accounts for the period ended 31 October 2018.
Principal activities
The principal activity of the company during the period under review was management consultancy activities other than financial management.
Director
The Director who served at any time during the period was as follows:
B.D. Ashby
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
B.D. Ashby
Director
12 November 2018
Bev Ashby Associates Ltd BALANCE SHEET REGISTRAR
at
31 October 2018
Company No.
08912998
Notes
2018
2018
£
£
Fixed assets
Tangible assets
3
-123
-123
Current assets
Debtors
4
129-
Cash at bank and in hand
23,66348,253
23,79248,253
Creditors: Amount falling due within one year
5
(10,169)
(21,019)
Net current assets
13,62327,234
Total assets less current liabilities
13,62327,357
Net assets
13,62327,357
Capital and reserves
Called up share capital
100100
Profit and loss account
6
13,52327,257
Total equity
13,62327,357
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the period ended 31 October 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
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.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 12 November 2018
And signed on its behalf by:
B.D. Ashby
Director
Bev Ashby Associates Ltd NOTES TO THE ACCOUNTS REGISTRAR
for the period ended 31 October 2018
1
Accounting policies
Basis of preparation
The accounts have been prepared 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) and the Companies Act 2006 . There were no material departures from that standard.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Furniture, fittings and equipment
15% Reducing balance
Computer Equipment (included in FF&E) depreciated at 33% Straight Line
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
2
Employees
2018
2018
Number
Number
The average number of persons employed during the period :
11
3
Tangible fixed assets
Fixtures, fittings and equipment
Total
£
£
Cost or revaluation
At 1 March 2018
2,8452,845
Disposals
(2,845)
(2,845)
At 31 October 2018
--
Depreciation
At 1 March 2018
2,7222,722
Charge for the year
4747
Disposals
(2,769)
(2,769)
At 31 October 2018
--
Net book values
At 31 October 2018
--
At 28 February 2018
123123
4
Debtors
2018
2018
£
£
Other debtors
129-
129-
5
Creditors:
amounts falling due within one year
2018
2018
£
£
Corporation tax
-1,488
Other taxes and social security
-19
Loans from directors
9,62819,198
Other creditors
-24
Accruals and deferred income
541290
10,16921,019
6
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
7
Related party disclosures
Controlling party
Immediate controlling party
B.D Ashby by virtue of her 100% shareholding.
8
Additional information
Its registered number is:
08912998
Its registered office is:
19 Burn Bridge Oval
Burn Bridge
HG3 1LP
Bev Ashby Associates Ltd0891299831 October 201801 March 2018false12 November 2018BTCSoftware AP Solution 2018 5.4.045.4.04true089129982018-03-012018-10-31089129982018-10-31089129982018-02-2808912998core:WithinOneYear2018-10-3108912998core:WithinOneYear2018-02-2808912998core:ShareCapital2018-10-3108912998core:ShareCapital2018-02-2808912998core:RetainedEarningsAccumulatedLosses2018-10-3108912998core:RetainedEarningsAccumulatedLosses2018-02-2808912998core:FurnitureFittingsToolsEquipment2018-03-012018-10-31089129982017-03-012018-02-2808912998core:FurnitureFittingsToolsEquipment2018-03-01089129982018-03-0108912998core:FurnitureFittingsToolsEquipment2018-10-3108912998core:FurnitureFittingsToolsEquipment2018-02-2808912998core:RetainedEarningsAccumulatedLosses2018-03-012018-10-3108912998bus:RegisteredOffice2018-03-012018-10-3108912998bus:SmallEntities2018-03-012018-10-3108912998bus:FullAccounts2018-03-012018-10-3108912998bus:AuditExempt-NoAccountantsReport2018-03-012018-10-3108912998bus:Director12018-03-012018-10-3108912998bus:PrivateLimitedCompanyLtd2018-03-012018-10-31iso4217:GBPxbrli:pure