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

REGISTERED NUMBER: 09961296 (England and Wales)

BP19 CONSULTING LTD

ABRIDGED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2022

Page

Company Information

1

Abridged 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)

ACCOUNTANTS:

Cartwright & Co Ltd

Henry Morgan House

Industry Road

Carlton

Barnsley

South Yorkshire

S71 3PQ

FIXED ASSETS

Tangible assets

4

2,664

2,436

CURRENT ASSETS

Stocks

-

2,004

Debtors

14,434

6,039

Cash at bank

16,947

10,064

31,381

18,107

CREDITORS

Amounts falling due within one year

26,390

19,754

NET CURRENT ASSETS/(LIABILITIES)

4,991

(1,647

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,655

789

PROVISIONS FOR LIABILITIES

506

463

NET ASSETS

7,149

326

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

7,148

325

SHAREHOLDERS' FUNDS

7,149

326

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 January 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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 July 2022 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 (2021 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2021

3,055

Additions

952

At 31 January 2022

4,007

DEPRECIATION

At 1 February 2021

619

Charge for year

724

At 31 January 2022

1,343

NET BOOK VALUE

At 31 January 2022

2,664

At 31 January 2021

2,436

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2022 and 31 January 2021:

2022

2021

£

£

Mrs B C Thorne

Balance outstanding at start of year

3,731

6,825

Amounts advanced

-

65,421

Amounts repaid

(3,731

)

(68,515

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

3,731