Besley Hill Survey & Professional Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03031147 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2018

for

Besley Hill Survey & Professional Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N K Freston

REGISTERED OFFICE:

30/31 St James Place

Mangotsfield

Bristol

South Glos.

BS16 9JB

REGISTERED NUMBER:

03031147 (England and Wales)

ACCOUNTANTS:

Copson Grandfield

30/31 St James Place

Mangotsfield

Bristol

South Glos.

BS16 9JB

FIXED ASSETS

Tangible assets

4

1,765

1,002

CURRENT ASSETS

Debtors

5

34,229

46,665

Cash at bank and in hand

898

11,164

35,127

57,829

CREDITORS

Amounts falling due within one year

6

20,594

25,401

NET CURRENT ASSETS

14,533

32,428

TOTAL ASSETS LESS CURRENT LIABILITIES

16,298

33,430

CREDITORS

Amounts falling due after more than one year

7

8,337

13,688

NET ASSETS

7,961

19,742

CAPITAL AND RESERVES

Called up share capital

70

70

Share premium

5,242

5,242

Capital redemption reserve

42

42

Retained earnings

2,607

14,388

SHAREHOLDERS' FUNDS

7,961

19,742

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 director acknowledges his 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 Profit and Loss has not been delivered.

The financial statements were approved by the director on 30 August 2019 and were signed by:

N K Freston - Director

1.	STATUTORY INFORMATION

Besley Hill Survey & Professional 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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 Profit and Loss, 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 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2017

20,297

Additions

1,168

At 30 November 2018

21,465

DEPRECIATION

At 1 December 2017

19,295

Charge for year

405

At 30 November 2018

19,700

NET BOOK VALUE

At 30 November 2018

1,765

At 30 November 2017

1,002

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.18

30.11.17

£

£

Trade debtors

12,594

7,080

Other debtors

21,635

39,585

34,229

46,665

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.18

30.11.17

£

£

Bank loans and overdrafts

6,513

6,513

Trade creditors

9,095

10,964

Taxation and social security

3,921

7,517

Other creditors

1,065

407

20,594

25,401

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.18

30.11.17

£

£

Bank loans

8,337

13,688

8.	DEFERRED TAX

£

Balance at 1 December 2017

(2,939

)

Provided during year

395

Balance at 30 November 2018

(2,544

)

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2018 and

30 November 2017:

30.11.18

30.11.17

£

£

N K Freston

Balance outstanding at start of year

25,930

32,600

Amounts advanced

906

-

Amounts repaid

(18,800

)

(6,670

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

8,036

25,930

10.	ULTIMATE CONTROLLING PARTY