BPartner Services & Trade Ltd - Period Ending 2015-04-30

Registration number: 08044791

BPartner Services & Trade Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2015
 

PRWS (Bristol) Limited
Chartered Certified Accountants
11 Alma Vale Road
Clifton
Bristol
BS8 2HL

BPartner Services & Trade Ltd
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 6

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 6) have been prepared.

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
BPartner Services & Trade Ltd
for the Year Ended 30 April 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of BPartner Services & Trade Ltd for the year ended 30 April 2015 set out on pages 2 to 6 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of BPartner Services & Trade Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of BPartner Services & Trade Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BPartner Services & Trade Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that BPartner Services & Trade Ltd has kept adequate accounting records and to prepare financial statements that give a true and fair view of the assets, liabilities, financial position and profit of BPartner Services & Trade Ltd. You consider that BPartner Services & Trade Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of BPartner Services & Trade Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

......................................

PRWS (Bristol) Limited
Chartered Certified Accountants
11 Alma Vale Road
Clifton
Bristol
BS8 2HL

3 June 2015

Page 1

BPartner Services & Trade Ltd
(Registration number: 08044791)
Abbreviated Balance Sheet at 30 April 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					1,548			1,327
Current assets
Stocks					11,934			-
Debtors					19,888			6,980
Cash at bank and in hand					45,225			73,057
					77,047			80,037
Creditors: Amounts falling due within one year					(58,520)			(73,778)
Net current assets					18,527			6,259
Total assets less current liabilities					20,075			7,586
Provisions for liabilities					(310)			(265)
Net assets					19,765			7,321
Capital and reserves
Called up share capital		3			10			10
Profit and loss account					19,755			7,311
Shareholders' funds					19,765			7,321

The notes on pages 4 to 6 form an integral part of these financial statements.
Page 2

BPartner Services & Trade Ltd
(Registration number: 08044791)
Abbreviated Balance Sheet at 30 April 2015
......... continued

For the year ending 30 April 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 3 June 2015 and signed on its behalf by:

.........................................
Mrs Dan Qian-Krawiec
Director

.........................................
Mr Marcin Tomasz Krawiec
Director

The notes on pages 4 to 6 form an integral part of these financial statements.
Page 3

BPartner Services & Trade Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	25% per annum on a reducing balance basis

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 4

BPartner Services & Trade Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 May 2014		2,288			2,288
Additions		736			736
At 30 April 2015		3,024			3,024
Depreciation
At 1 May 2014		961			961
Charge for the year		515			515
At 30 April 2015		1,476			1,476
Net book value
At 30 April 2015		1,548			1,548
At 30 April 2014		1,327			1,327

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		10			10			10			10

Page 5

BPartner Services & Trade Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

4	Related party transactions

Directors' advances and credits

	2015 Advance/ Credit £	2015 Repaid £	2014 Advance/ Credit £	2014 Repaid £
Mrs Dan Qian-Krawiec
Balance owed to the director by the company on which no interest has been paid	18,491	8,649	27,140	-
Mr Marcin Tomasz Krawiec
Balance owed to the director by the company on which no interest has been paid	18,491	8,649	27,140	-

Page 6