Company registration number:
NI629700
Business Account Services Ltd
Trading as
Business Account Services
Unaudited filleted financial statements
31 March 2023
Business Account Services Ltd
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Business Account Services Ltd
Directors and other information
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Directors |
Mr Gerard Davidson |
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Mr Darren Davidson |
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Company number |
NI629700 |
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Registered office |
11 Abbey Street |
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Armagh |
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BT61 7DX |
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Business address |
11 Abbey Street |
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Armagh |
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BT61 7DX |
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Accountants |
TMD |
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The Mount |
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2 Woodstock Link |
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Belfast |
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BT6 8DD |
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Business Account Services Ltd
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Business Account Services Ltd
Year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Business Account Services Ltd for the year ended 31 March 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Chartered Accountants Ireland , we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the board of directors of Business Account Services Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Business Account Services Ltd and state those matters that we have agreed to state to the board of directors of Business Account Services Ltd as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Business Account Services Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Business Account Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Business Account Services Ltd. You consider that Business Account Services Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Business Account Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
TMD
Registered Auditors & Accountants
The Mount
2 Woodstock Link
Belfast
BT6 8DD
29 March 2024
Business Account Services Ltd
Statement of financial position
31 March 2023
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2023 |
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2022 |
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£ |
£ |
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£ |
£ |
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Fixed assets |
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256,971 |
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257,941 |
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_______ |
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Current assets |
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510,426 |
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470,234 |
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Prepayments and accrued income |
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- |
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5,604 |
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_______ |
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510,426 |
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475,838 |
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Creditors: amounts falling due within one year |
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(
337,889) |
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(
344,760) |
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_______ |
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Net current assets |
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172,537 |
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131,078 |
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Total assets less current liabilities |
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429,508 |
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389,019 |
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Creditors: amounts falling due after more than one year |
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(
147,604) |
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(
166,945) |
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Net assets |
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281,904 |
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222,074 |
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Capital and reserves |
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281,904 |
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222,074 |
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Notes to the financial statements
Business Account Services Ltd
Year ended 31 March 2023
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
13
(2022:
14
).
2.
Directors advances, credits and guarantees
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
29 March 2024
, and are signed on behalf of the board by:
Mr Gerard Davidson
Director
Company registration number:
NI629700
The company is a private company limited by shares, registered in N Ireland.