ASA BFB Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07268836 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2018

for

ASA BFB Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Butterfield

Ms J Farr

A Butterfield

SECRETARY:

S Butterfield

REGISTERED OFFICE:

10 Bewdley Street

Islington

London

N1 1HB

REGISTERED NUMBER:

07268836 (England and Wales)

ACCOUNTANTS:

Clay Knox Ltd

Clay Barn

Ipsley Court

Berrington Close

Redditch

Worcestershire

B98 0TJ

FIXED ASSETS

Tangible assets

4

492

2,096

CURRENT ASSETS

Debtors

40,570

-

Investments

22,323

21,848

Cash at bank

202,379

85,103

265,272

106,951

CREDITORS

Amounts falling due within one year

65,608

11,942

NET CURRENT ASSETS

199,664

95,009

TOTAL ASSETS LESS CURRENT LIABILITIES

200,156

97,105

PROVISIONS FOR LIABILITIES

494

478

NET ASSETS

199,662

96,627

CAPITAL AND RESERVES

Called up share capital

5

4

4

Retained earnings

199,658

96,623

SHAREHOLDERS' FUNDS

199,662

96,627

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

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.

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 Balance Sheet for the year ended 30 June 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors on 27 March 2019 and were signed on its behalf by:

A Butterfield - Director

1.	STATUTORY INFORMATION

ASA BFB Ltd 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.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 20% on cost

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange

ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating

result.

Investments

Investments are disclosed at market value, as determined by Bordier & Cie (UK) PLC.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2017

and 30 June 2018

9,296

DEPRECIATION

At 1 July 2017

7,200

Charge for year

1,604

At 30 June 2018

8,804

NET BOOK VALUE

At 30 June 2018

492

At 30 June 2017

2,096

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

1

A Ordinary

£1

1

1

1

B Ordinary

£1

1

1

2

Ordinary

£1

2

2

4

4