N D F Business Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07909764 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2019

FOR

N D F BUSINESS SERVICES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

N D Farmer

REGISTERED OFFICE:

57/61 Market Place

Cannock

Staffordshire

WS11 1BP

REGISTERED NUMBER:

07909764 (England and Wales)

ACCOUNTANTS:

Shelvoke Pickering Janney LLP

Chartered Certified Accountants

57-61 Market Place

Cannock

Staffordshire

WS11 1BP

FIXED ASSETS

Property, plant and equipment

4

82

109

CURRENT ASSETS

Debtors

5

4,646

2,844

Cash at bank

148

231

4,794

3,075

CREDITORS

Amounts falling due within one year

6

11,068

8,235

NET CURRENT LIABILITIES

(6,274

)

(5,160

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,192

)

(5,051

)

PROVISIONS FOR LIABILITIES

16

20

NET LIABILITIES

(6,208

)

(5,071

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(6,308

)

(5,171

)

SHAREHOLDERS' FUNDS

(6,208

)

(5,071

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Income Statement has not been delivered.

The financial statements were approved by the director on 23 January 2020 and were signed by:

N D Farmer - Director

1.	STATUTORY INFORMATION

N D F Business Services 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.

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

Revenue 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.

Plant and machinery etc

-

20% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 May 2018

and 30 April 2019

474

DEPRECIATION

At 1 May 2018

365

Charge for year

27

At 30 April 2019

392

NET BOOK VALUE

At 30 April 2019

82

At 30 April 2018

109

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other debtors

4,646

2,844

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Taxation and social security

10,630

8,214

Other creditors

438

21

11,068

8,235

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £24,750 (2018 - £23,250) were paid to the director .

The company is under the control of Mr N D Farmer and Mrs T J Farmer who own 75% (2018: 75%) of

the issued ordinary share capital.