B-Active Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC292969 (Scotland)

Unaudited Financial Statements for the Year Ended 30 November 2018

for

B-Active Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Barclay

G Miller

REGISTERED OFFICE:

St James Business Centre

Linwood Road

Paisley

PA3 3AT

REGISTERED NUMBER:

SC292969 (Scotland)

ACCOUNTANTS:

GMH Chartered Accountants

St James Business Centre

Linwood Road

Paisley

Renfrewshire

PA3 3AT

FIXED ASSETS

Tangible assets

4

1

1

CURRENT ASSETS

Debtors

5

30,552

15,342

Cash at bank

22,018

18,160

52,570

33,502

CREDITORS

Amounts falling due within one year

6

22,217

22,367

NET CURRENT ASSETS

30,353

11,135

TOTAL ASSETS LESS CURRENT LIABILITIES

30,354

11,136

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

30,254

11,036

SHAREHOLDERS' FUNDS

30,354

11,136

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 23 August 2019 and were signed on its behalf by:

A Barclay - Director

1.	STATUTORY INFORMATION

B-Active Limited is a private company, limited by shares , registered in Scotland. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

25% on cost

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2017 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2017

and 30 November 2018

1,143

DEPRECIATION

At 1 December 2017

and 30 November 2018

1,142

NET BOOK VALUE

At 30 November 2018

1

At 30 November 2017

1

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.18

30.11.17

£

£

Trade debtors

30,552

15,342

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.18

30.11.17

£

£

Taxation and social security

18,151

12,878

Other creditors

4,066

9,489

22,217

22,367

7.	RELATED PARTY DISCLOSURES

At the end of the financial year, the company owed director, Mr Barclay £1,450.00 [2017 - £4,050.00 and fellow

director, Mr G Miller £1,200.00 [2017 - £3,903.00]. The above balances have been disclosed within other

creditors.