REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period |
1 April 2024 to 30 September 2024 |
for |
Neil J Bland Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period |
1 April 2024 to 30 September 2024 |
for |
Neil J Bland Limited |
Neil J Bland Limited (Registered number: 05896163) |
Contents of the Financial Statements |
for the Period 1 April 2024 to 30 September 2024 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Neil J Bland Limited |
Company Information |
for the Period 1 April 2024 to 30 September 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
6 Lichfield Street |
Burton-on-Trent |
Staffordshire |
DE14 3RD |
Neil J Bland Limited (Registered number: 05896163) |
Abridged Balance Sheet |
30 September 2024 |
30.9.24 | 31.3.24 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
Neil J Bland Limited (Registered number: 05896163) |
Abridged Balance Sheet - continued |
30 September 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
Neil J Bland Limited (Registered number: 05896163) |
Notes to the Financial Statements |
for the Period 1 April 2024 to 30 September 2024 |
1. | STATUTORY INFORMATION |
Neil J Bland Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of consideration received or receivable net of VAT, in respect of the provision of services to clients. |
In respect of long term contracts and contracts for ongoing services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long term contracts and contracts for ongoing services is recognised by reference to the stage of completion. |
Goodwill |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less amortisation and impairment. Amortisation is provided so as to allocate the cost of intangibles less their residual values over their estimated useful lives. |
Goodwill purchased in connection with a business in 2006, was written off over 4 years on a straight line basis. |
Tangible fixed assets |
Tangible fixed assets are included at cost less depreciation and impairment. Depreciation is provided |
at the following annual rates in order to write off each asset over its estimated useful life. |
Fixtures and fittings - 15% on a reducing balance basis |
Equipment - 15% on a reducing balance basis |
Computer equipment - 3 years straight line basis |
Taxation |
Taxation for the period 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. |
Neil J Bland Limited (Registered number: 05896163) |
Notes to the Financial Statements - continued |
for the Period 1 April 2024 to 30 September 2024 |
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 period 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. |
Leasing |
Rentals paid under operating leases are charged to profit and loss on a straight line basis over the lease term unless the rental payments are structured to increase in line with expected general inflation, in which case the company recognises annual rent expense equal to amounts owed to the lessor. |
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. |
Debtors and creditors |
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
Neil J Bland Limited (Registered number: 05896163) |
Notes to the Financial Statements - continued |
for the Period 1 April 2024 to 30 September 2024 |
4. | INTANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 April 2024 |
Disposals | ( |
) |
At 30 September 2024 |
AMORTISATION |
At 1 April 2024 |
Eliminated on disposal | ( |
) |
At 30 September 2024 |
NET BOOK VALUE |
At 30 September 2024 |
At 31 March 2024 |
5. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 April 2024 |
Disposals | ( |
) |
At 30 September 2024 |
DEPRECIATION |
At 1 April 2024 |
Eliminated on disposal | ( |
) |
At 30 September 2024 |
NET BOOK VALUE |
At 30 September 2024 |
At 31 March 2024 |
6. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
30.9.24 | 31.3.24 |
£ | £ |
Within one year |