| The Small Business Bureau Limited |
| (Limited by Guarantee) |
| Registered number: |
02308101 |
| Balance Sheet |
| as at 31 March 2019 |
|
| Notes |
|
|
2019 |
|
|
2018 |
| £ |
£ |
| Current assets |
| Debtors |
4 |
|
9,590 |
|
|
1,460 |
| Cash at bank and in hand |
|
|
27,580 |
|
|
33,359 |
|
|
|
37,170 |
|
|
34,819 |
|
| Creditors: amounts falling due within one year |
5 |
|
(6,770) |
|
|
(3,867) |
|
| Net current assets |
|
|
|
30,400 |
|
|
30,952 |
|
| Net assets |
|
|
|
30,400 |
|
|
30,952 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Profit and loss account |
|
|
|
30,400 |
|
|
30,952 |
|
| Shareholder's funds |
|
|
|
30,400 |
|
|
30,952 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| John J May FCA |
| Director |
| Approved by the board on 4 June 2019 |
|
| The Small Business Bureau Limited |
| (Limited by Guarantee) |
| Notes to the Accounts |
| for the year ended 31 March 2019 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and Value Added Tax. Income from subscriptions and general donations is accounted for when received. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:useful life: - |
|
|
Plant and equipment |
20% on cost |
|
Fixtures, fittings and equipment |
20% on cost |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Pensions |
|
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. |
|
|
| 2 |
Employees |
2019 |
|
2018 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Property, plant and equipment |
|
|
|
|
Plant and equipment |
|
Fixtures, fittings and office equipment |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 April 2018 |
1,281 |
|
8,546 |
|
9,827 |
|
At 31 March 2019 |
1,281 |
|
8,546 |
|
9,827 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2018 |
1,281 |
|
8,546 |
|
9,827 |
|
At 31 March 2019 |
1,281 |
|
8,546 |
|
9,827 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2019 |
- |
|
- |
|
- |
|
|
| 4 |
Debtors |
2019 |
|
2018 |
| £ |
£ |
|
|
Trade debtors |
9,508 |
|
1,460 |
|
Other debtors |
82 |
|
- |
|
|
|
|
|
|
9,590 |
|
1,460 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2019 |
|
2018 |
| £ |
£ |
|
|
Taxation and social security costs |
1,128 |
|
1,078 |
|
Other creditors |
5,642 |
|
2,789 |
|
|
|
|
|
|
6,770 |
|
3,867 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Related party transactions |
|
|
There were no material related party transactions requiring disclosure during the year. |
|
|
| 7 |
Controlling party |
|
|
As the company is limited by guarantee, with no share capital, there is no controlling party. |
|
|
| 8 |
Other information |
|
|
The Small Business Bureau Limited is a private company limited by guarantee and incorporated in England. Its registered office is: |
|
Curzon House |
|
Church Road |
|
Windlesham |
|
Surrey |
|
GU20 6BH |
