Company Registration No. 07557599 (England and Wales)
R J Burt IP Services Limited
Unaudited accounts
for the year ended 31 March 2022
R J Burt IP Services Limited
Unaudited accounts
Contents
R J Burt IP Services Limited
Company Information
for the year ended 31 March 2022
Director
Dr Roger James Burt
Company Number
07557599 (England and Wales)
Registered Office
Malt House Studios
4 Brook Street
Bishops Waltham
Hampshire
SO32 1AX
Accountants
Meon Valley Accounting Ltd
Malt House Studios
4 Brook Street
Bishops Waltham
Hampshire
SO32 1AX
R J Burt IP Services Limited
Statement of financial position
as at 31 March 2022
Tangible assets
1,025
1,366
Cash at bank and in hand
36,682
32,091
Creditors: amounts falling due within one year
(7,622)
(6,920)
Net current assets
38,305
33,649
Total assets less current liabilities
39,330
35,015
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
39,035
34,655
Shareholders' funds
39,135
34,755
For the year ending 31 March 2022 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 June 2022 and were signed on its behalf by
Dr Roger James Burt
Director
Company Registration No. 07557599
R J Burt IP Services Limited
Notes to the Accounts
for the year ended 31 March 2022
R J Burt IP Services Limited is a private company, limited by shares, registered in England and Wales, registration number 07557599. The registered office is Malt House Studios, 4 Brook Street, Bishops Waltham, Hampshire, SO32 1AX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
R J Burt IP Services Limited
Notes to the Accounts
for the year ended 31 March 2022
4
Tangible fixed assets
Computer equipment
5
Debtors: amounts falling due within one year
2022
2021
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
6,710
6,200
Loans from directors
312
-
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).
