Blackmore Future Resources Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05414649 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2019

for

Blackmore Future Resources Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A Blackmore

SECRETARY:

Mrs R Blackmore

REGISTERED OFFICE:

4 Riverview

Walnut Tree Close

Guildford

Surrey

GU1 4UX

REGISTERED NUMBER:

05414649 (England and Wales)

ACCOUNTANTS:

Bristow Burrell

4 Riverview

Walnut Tree Close

Guildford

Surrey

GU1 4UX

FIXED ASSETS

Tangible assets

5

2,897

3,009

CURRENT ASSETS

Debtors

6

922

1,033

Cash at bank

792

1,502

1,714

2,535

CREDITORS

Amounts falling due within one year

7

24,233

33,878

NET CURRENT LIABILITIES

(22,519

)

(31,343

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(19,622

)

(28,334

)

PROVISIONS FOR LIABILITIES

550

572

NET LIABILITIES

(20,172

)

(28,906

)

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

(20,174

)

(28,908

)

SHAREHOLDERS' FUNDS

(20,172

)

(28,906

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director on 14 October 2019 and were signed by:

A Blackmore - Director

1.	STATUTORY INFORMATION

Blackmore Future Resources 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Bicycles & equipment

-

25% on reducing balance

Computer equipment

-

33% 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Bicycles

Computer

& equipment

equipment

Totals

£

£

£

COST

At 1 April 2018

4,190

11,874

16,064

Additions

-

974

974

At 31 March 2019

4,190

12,848

17,038

DEPRECIATION

At 1 April 2018

1,375

11,680

13,055

Charge for year

703

383

1,086

At 31 March 2019

2,078

12,063

14,141

NET BOOK VALUE

At 31 March 2019

2,112

785

2,897

At 31 March 2018

2,815

194

3,009

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other debtors

922

1,033

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

1,814

463

Other creditors

22,419

33,415

24,233

33,878

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

2

Ordinary

£1

2

2

9.	ULTIMATE CONTROLLING PARTY

Mr & Mrs A Blackmore are the ultimate controlling parties by virtue of their 100%

interest in the ordinary share capital of the company.