BP19 Consulting Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09961296 (England and Wales)

BP19 CONSULTING LTD

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2020

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs B C Thorne

REGISTERED OFFICE:

9A Towngate

Thurlstone

Sheffield

South Yorkshire

S36 9RH

REGISTERED NUMBER:

09961296 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,464

-

CURRENT ASSETS

Stocks

1

3,426

Debtors

5

11,481

18,139

Cash at bank

5,174

-

16,656

21,565

CREDITORS

Amounts falling due within one year

6

17,513

18,850

NET CURRENT (LIABILITIES)/ASSETS

(857

)

2,715

TOTAL ASSETS LESS CURRENT LIABILITIES

607

2,715

PROVISIONS FOR LIABILITIES

278

-

NET ASSETS

329

2,715

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

328

2,714

SHAREHOLDERS' FUNDS

329

2,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 and authorised for issue on 27 August 2020 and were signed by:

Mrs B C Thorne - Director

1.	STATUTORY INFORMATION

BP19 Consulting 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.

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

1,562

At 31 January 2020

1,562

DEPRECIATION

Charge for year

98

At 31 January 2020

98

NET BOOK VALUE

At 31 January 2020

1,464

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Other debtors

11,481

18,139

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Bank loans and overdrafts

-

1,948

Taxation and social security

16,829

16,326

Other creditors

684

576

17,513

18,850

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2020 and

31 January 2019:

2020

2019

£

£

Mrs B C Thorne

Balance outstanding at start of year

13,868

26,140

Amounts advanced

52,138

101,996

Amounts repaid

(59,181

)

(114,268

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,825

13,868