BRITTAIN MARKETING SERVICES LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03574363 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2018

FOR

BRITTAIN MARKETING SERVICES LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs J Davies-Pugh

SECRETARY:

Mrs J Davies-Pugh

REGISTERED OFFICE:

1 & 2 The Barn

Oldwick

West Stoke Road, Lavant

Chichester

West Sussex

PO18 9AA

REGISTERED NUMBER:

03574363 (England and Wales)

ACCOUNTANTS:

James Todd & Co Limited

1 & 2 The Barn

Oldwick

West Stoke Road

Chichester

West Sussex

PO18 9AA

FIXED ASSETS

Intangible assets

4

1,000

3,000

Tangible assets

5

24,106

32,142

25,106

35,142

CURRENT ASSETS

Debtors

253,709

204,739

Cash at bank and in hand

2,247

200

255,956

204,939

CREDITORS

Amounts falling due within one year

137,862

150,394

NET CURRENT ASSETS

118,094

54,545

TOTAL ASSETS LESS CURRENT LIABILITIES

143,200

89,687

CREDITORS

Amounts falling due after more than one year

(116,667

)

(50,000

)

PROVISIONS FOR LIABILITIES

(4,130

)

(5,558

)

NET ASSETS

22,403

34,129

CAPITAL AND RESERVES

Called up share capital

6

1,000

1,000

Retained earnings

21,403

33,129

SHAREHOLDERS' FUNDS

22,403

34,129

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 August 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 31 January 2019 and were signed by:

Mrs J Davies-Pugh - Director

1.	STATUTORY INFORMATION

BRITTAIN MARKETING SERVICES LIMITED is a private company, limited by shares , registered in

England and Wales. The company's registered number and registered office address can be found on

the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A

"Small Entities" 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 cost convention, and are in sterling (£), which is the functional currency

of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that

the company has adequate resources to continue in operational existence for the foreseeable future.

The directors therefore adopt the going concern basis of accounting in preparing the financial

statements.

Turnover

Turnover represents the amounts derived from the provision of goods and services falling within the

company's ordinary activities, after deduction of trade discounts, value added tax and any other

other taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are

measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

straight line over the term of the lease

Fixtures and fittings

-

25% on reducing balance

At each balance sheet date, the company reviews the carrying amounts of its tangible fixed assets to

determine whether there is any indication of their values being impaired. Any impairment losses are

then treated as an expense during the period.

Taxation

Taxation for the year 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.

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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2017 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 September 2017

and 31 August 2018

12,000

AMORTISATION

At 1 September 2017

9,000

Amortisation for year

2,000

At 31 August 2018

11,000

NET BOOK VALUE

At 31 August 2018

1,000

At 31 August 2017

3,000

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 September 2017

and 31 August 2018

161,695

DEPRECIATION

At 1 September 2017

129,553

Charge for year

8,036

At 31 August 2018

137,589

NET BOOK VALUE

At 31 August 2018

24,106

At 31 August 2017

32,142

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.18

31.8.17

value:

£

£

500

Ordinary

1

500

500

500

Ordinary

1

500

500

1,000

1,000

7.	RELATED PARTY DISCLOSURES

The company's entire share capital is owned by Juna Marketing Limited a company wholly owned

and controlled by Miss J Haviland. In the year to 31st August 2018 a dividend of £60,000 was paid to

Juna Marketing Limited (2017 £130,000.) and management charges of £8,175 were also paid (2017

£9,600). At 31st August 2018 the company was owed £154,126 by Juna Marketing Limited (2017

£125,834)..

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs J Davies-Pugh.