Kingfisher Business Advisors Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07586179 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

FOR

KINGFISHER BUSINESS ADVISORS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J M Benfold

SECRETARY:

Mrs J E Benfold

REGISTERED OFFICE:

2 High St

Chobham

Surrey

GU25 8AA

REGISTERED NUMBER:

07586179 (England and Wales)

ACCOUNTANTS:

Kingfisher Business Advisors Ltd

Chartered Accountants

2 High St

Chobham

Woking

Surrey

GU24 8AA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,369

755

1,369

755

CURRENT ASSETS

Debtors

6

21,275

24,857

Cash at bank

28,849

41,587

50,124

66,444

CREDITORS

Amounts falling due within one year

7

35,268

50,049

NET CURRENT ASSETS

14,856

16,395

TOTAL ASSETS LESS CURRENT LIABILITIES

16,225

17,150

PROVISIONS FOR LIABILITIES

260

144

NET ASSETS

15,965

17,006

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

15,863

16,904

SHAREHOLDERS' FUNDS

15,965

17,006

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 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 director on 18 December 2019 and were signed by:

J M Benfold - Director

1.	STATUTORY INFORMATION

Kingfisher Business Advisors 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less

any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

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 NIL (2018 - 3 ).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2018

and 31 March 2019

42,000

AMORTISATION

At 1 April 2018

and 31 March 2019

42,000

NET BOOK VALUE

At 31 March 2019

-

At 31 March 2018

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2018

4,232

Additions

2,030

At 31 March 2019

6,262

DEPRECIATION

At 1 April 2018

3,477

Charge for year

1,416

At 31 March 2019

4,893

NET BOOK VALUE

At 31 March 2019

1,369

At 31 March 2018

755

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade debtors

21,202

24,784

Other debtors

73

73

21,275

24,857

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade creditors

10,677

11,017

Taxation and social security

19,953

20,550

Other creditors

4,638

18,482

35,268

50,049

8.	RELATED PARTY DISCLOSURES

The controlling party is J M Benfold.