Company Registration No. 10796250 (England and Wales)
Business Centred Solutions Limited
Unaudited accounts
for the year ended 30 June 2022
Business Centred Solutions Limited
Unaudited accounts
Contents
Business Centred Solutions Limited
Company Information
for the year ended 30 June 2022
Directors
Anita Dinnes
Mark John Dinnes
Company Number
10796250 (England and Wales)
Registered Office
68 Yardley Road
Acocks Green
Birmingham
B27 6LG
Accountants
Integritax Accountants Ltd
68 Yardley Road
Acocks Green
Birmingham
B27 6LG
Business Centred Solutions Limited
Statement of financial position
as at 30 June 2022
Tangible assets
18,836
9,523
Cash at bank and in hand
15,684
82,542
Creditors: amounts falling due within one year
(276,482)
(123,073)
Net current (liabilities)/assets
(19,746)
24,908
Total assets less current liabilities
(910)
34,431
Creditors: amounts falling due after more than one year
(32,034)
(37,076)
Provisions for liabilities
Deferred tax
(1,172)
(1,552)
Net liabilities
(34,116)
(4,197)
Called up share capital
100
100
Profit and loss account
(34,216)
(4,297)
Shareholders' funds
(34,116)
(4,197)
For the year ending 30 June 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 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 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 of Directors and authorised for issue on 29 July 2022 and were signed on its behalf by
Anita Dinnes
Director
Company Registration No. 10796250
Business Centred Solutions Limited
Notes to the Accounts
for the year ended 30 June 2022
Business Centred Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 10796250. The registered office is 68 Yardley Road, Acocks Green, Birmingham, B27 6LG.
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:
Plant & machinery
20% on cost
Fixtures & fittings
20% on cost
Computer equipment
20% on cost
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.
Business Centred Solutions Limited
Notes to the Accounts
for the year ended 30 June 2022
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2021
3,436
1,353
9,813
14,602
Additions
-
14,467
824
15,291
At 30 June 2022
3,436
15,820
10,637
29,893
At 1 July 2021
687
473
3,919
5,079
Charge for the year
687
3,164
2,127
5,978
At 30 June 2022
1,374
3,637
6,046
11,057
At 30 June 2022
2,062
12,183
4,591
18,836
At 30 June 2021
2,749
880
5,894
9,523
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
27,732
22,500
Other debtors
213,320
42,939
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
259,468
104,493
Taxes and social security
16,984
15,343
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).
