THE BUSINESS INFLUENCER ACADEMY LTD

THE BUSINESS INFLUENCER ACADEMY LTD

THE BUSINESS INFLUENCER ACADEMY LTD - Company Information

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1 January 2021 false No description of principal activity Taxfiler 2022.11.1 12065478business:PrivateLimitedCompanyLtd2021-01-012021-12-31 120654782020-12-31 120654782021-01-012021-12-31 12065478business:AuditExemptWithAccountantsReport2021-01-012021-12-31 12065478business:FullAccounts2021-01-012021-12-31 120654782021-12-31 12065478business:Director22021-01-012021-12-31 12065478business:RegisteredOffice2021-01-012021-12-31 120654782020-12-31 12065478core:WithinOneYear2021-12-31 12065478core:WithinOneYear2020-12-31 12065478core:ShareCapital2021-12-31 12065478core:ShareCapital2020-12-31 12065478core:RetainedEarningsAccumulatedLosses2021-12-31 12065478core:RetainedEarningsAccumulatedLosses2020-12-31 12065478business:SmallEntities2021-01-012021-12-31 12065478countries:EnglandWales2021-01-012021-12-31 12065478core:PlantMachinery2021-01-012021-12-31 12065478core:PlantMachinery2020-12-31 12065478core:PlantMachinery2021-12-31 12065478core:AfterOneYear2021-12-31 12065478core:AfterOneYear2020-12-31 120654782019-06-242020-12-31 iso4217:GBP xbrli:pure
Company Registration No. 12065478 (England and Wales)
THE BUSINESS INFLUENCER ACADEMY LTD Unaudited accounts for the year ended 31 December 2021
THE BUSINESS INFLUENCER ACADEMY LTD Unaudited accounts Contents
Page
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THE BUSINESS INFLUENCER ACADEMY LTD Company Information for the year ended 31 December 2021
Director
Mr D Martin
Company Number
12065478 (England and Wales)
Registered Office
275 DEANSGATE MANCHESTER GREATER MANCHESTER M3 4EL UNITED KINGDOM
Accountants
SQK Accountancy Limited 275 Deansgate Manchester North West England M3 4EL
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THE BUSINESS INFLUENCER ACADEMY LTD Accountants' report
Accountants' report to the director of THE BUSINESS INFLUENCER ACADEMY LTD on the preparation of the unaudited statutory accounts for the year ended 31 December 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of THE BUSINESS INFLUENCER ACADEMY LTD for the year ended 31 December 2021 as set out on pages 5 - 7 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 THE BUSINESS INFLUENCER ACADEMY LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of THE BUSINESS INFLUENCER ACADEMY LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than THE BUSINESS INFLUENCER ACADEMY LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that THE BUSINESS INFLUENCER ACADEMY LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of THE BUSINESS INFLUENCER ACADEMY LTD. You consider that THE BUSINESS INFLUENCER ACADEMY 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 accounts of THE BUSINESS INFLUENCER ACADEMY 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 statutory accounts.
SQK Accountancy Limited 275 Deansgate Manchester North West England M3 4EL 12 December 2022
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THE BUSINESS INFLUENCER ACADEMY LTD Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
50 
75 
Current assets
Debtors
5
608 
376 
Cash at bank and in hand
- 
4,348 
608 
4,724 
Creditors: amounts falling due within one year
6
(147,668)
(128,373)
Net current liabilities
(147,060)
(123,649)
Net liabilities
(147,010)
(123,574)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(147,011)
(123,575)
Shareholders' funds
(147,010)
(123,574)
For the year ending 31 December 2021 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 12 December 2022 and were signed on its behalf by
Mr D Martin Director Company Registration No. 12065478
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THE BUSINESS INFLUENCER ACADEMY LTD Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
THE BUSINESS INFLUENCER ACADEMY LTD is a private company, limited by shares, registered in England and Wales, registration number 12065478. The registered office is 275 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 4EL, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
25% Straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2021
100 
At 31 December 2021
100 
Depreciation
At 1 January 2021
25 
Charge for the year
25 
At 31 December 2021
50 
Net book value
At 31 December 2021
50 
At 31 December 2020
75 
5
Debtors
2021 
2020 
£ 
£ 
Amounts falling due after more than one year
Other debtors
608 
376 
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THE BUSINESS INFLUENCER ACADEMY LTD Notes to the Accounts for the year ended 31 December 2021
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
7,081 
5,924 
Amounts owed to group undertakings and other participating interests
138,630 
121,231 
Loans from directors
1,957 
868 
Accruals
- 
350 
147,668 
128,373 
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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