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Business Co-Ordination Ltd
Registered Number:02772313
For the year ended 31 December 2021
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2021
Business Co-Ordination Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
02772313
As at 31 December 2021
Business Co-Ordination Ltd
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
202
714
2
202
714
Current assets
Trade and other receivables
8,364
7,562
3
31,490
Cash and cash equivalents
24,691
32,253
39,854
Trade and other payables: amounts falling due within one
year
(5,434)
(7,871)
4
34,420
24,382
Net current assets
Total assets less current liabilities
24,584
35,134
24,584
Net assets
35,134
Capital and reserves
Called up share capital
100
100
Retained earnings
24,484
35,034
24,584
35,134
Shareholders' funds
For the year ended 31 December 2021 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
A.M. Dowsett Director
These financial statements were approved and authorised for issue by the Board on 09 September 2022 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2021
Business Co-Ordination Ltd
Notes to the Financial Statements
Statutory Information
Business Co-Ordination Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 02772313.
Registered address:
Mark Oak Gate
Cobham Road
Fetcham
Leatherhead
KT22 9SJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
50% Straight line
Computer equipment
20% Straight line
Fixtures and fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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5
For the year ended 31 December 2021
Business Co-Ordination Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Computer
equipment
£
Cost or
valuation
At 01 January 2021
10,661
379
Additions
At 31 December 2021
11,040
Provision for depreciation and impairment
At 01 January 2021
9,947
Charge for year
891
At 31 December 2021
10,838
At 31 December 2021
Net book value
202
At 31 December 2020
714
3. Trade and other receivables
2020
2021
£
£
Trade debtors
(711)
2,160
Other debtors
8,273
6,204
8,364
7,562
4. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Trade creditors
45
30
Taxation and social security
2,042
1,025
Other creditors
5,784
4,379
7,871
5,434
5. Average number of persons employed
During the year the average number of employees was 2 (2020 : 2)
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