BSR LONDON LIMITED Filleted accounts for Companies House (small and micro)
BSR LONDON LIMITED Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
9947385
|
|
|
|
Abridged Statement of Financial Position |
2019 |
2018 |
||
Note |
£ |
£ |
£ |
Fixed assets
Intangible assets |
5 |
|
|
|
Tangible assets |
6 |
|
|
|
--------- |
--------- |
|||
|
|
|||
Current assets
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
-------- |
-------- |
||
|
|
||
Creditors: amounts falling due within one year |
|
|
|
-------- |
-------- |
||
Net current (liabilities)/assets |
(
|
|
|
--------- |
--------- |
||
Total assets less current liabilities |
|
|
|
Creditors: amounts falling due after more than one year |
|
|
|
--------- |
--------- |
||
Net assets |
|
|
|
--------- |
--------- |
||
Capital and reserves
Called up share capital |
|
|
|
Profit and loss account |
|
|
|
-------- |
------- |
||
Shareholders funds |
|
|
|
-------- |
------- |
||
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
|
Abridged Statement of Financial Position (continued) |
These abridged financial statements were approved by the
board of directors
and authorised for issue on
29 November 2019
, and are signed on behalf of the board by:
|
|
Director |
|
Company registration number:
9947385
|
Notes to the Abridged Financial Statements |
Year ended 28 February 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 109B High Street, Herts, HP4 2LB.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill |
- |
|
|
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment |
- |
15% reducing balance |
|
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
23
(2018:
23
).
5.
Intangible assets
£ |
|
Cost |
|
At 1 March 2018 and 28 February 2019 |
|
--------- |
|
Amortisation |
|
At 1 March 2018 |
|
Charge for the year |
|
--------- |
|
At 28 February 2019 |
|
--------- |
|
Carrying amount |
|
At 28 February 2019 |
|
--------- |
|
At 28 February 2018 |
|
--------- |
|
6.
Tangible assets
£ |
|
Cost |
|
At 1 March 2018 |
|
Additions |
|
-------- |
|
At 28 February 2019 |
|
-------- |
|
Depreciation |
|
At 1 March 2018 |
|
Charge for the year |
|
-------- |
|
At 28 February 2019 |
|
-------- |
|
Carrying amount |
|
At 28 February 2019 |
61,086 |
-------- |
|
At 28 February 2018 |
61,190 |
-------- |
|
7.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2019 |
|||||
Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
||
£ |
£ |
£ |
£ |
||
|
(
|
(
|
|
|
|
|
(
|
(
|
|
|
|
-------- |
-------- |
--------- |
-------- |
||
(
|
(
|
|
|
||
-------- |
-------- |
--------- |
-------- |
||
2018 |
|||||
Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
||
£ |
£ |
£ |
£ |
||
|
– |
(
|
|
(7,533) |
|
|
– |
(
|
|
(7,533) |
|
---- |
-------- |
-------- |
-------- |
||
– |
(
|
|
(15,066) |
||
---- |
-------- |
-------- |
-------- |
||
8.
Director's loan account
The directors' loan accounts were fully repaid within nine months of the year.