Business Banking Solutions Limited - Accounts to registrar (filleted) - small 18.2
Business Banking Solutions Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 April 2021 |
for |
Business Banking Solutions Limited |
Business Banking Solutions Limited (Registered number: 05785847) |
Contents of the Financial Statements |
for the Year Ended 30 April 2021 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Business Banking Solutions Limited |
Company Information |
for the Year Ended 30 April 2021 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
3rd Floor, Fairgate House |
78 New Oxford Street |
London |
WC1A 1HB |
Business Banking Solutions Limited (Registered number: 05785847) |
Balance Sheet |
30 April 2021 |
30.4.21 | 30.4.20 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The directors acknowledge their 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. |
Business Banking Solutions Limited (Registered number: 05785847) |
Balance Sheet - continued |
30 April 2021 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Business Banking Solutions Limited (Registered number: 05785847) |
Notes to the Financial Statements |
for the Year Ended 30 April 2021 |
1. | STATUTORY INFORMATION |
Business Banking Solutions Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements are presented in Pound Sterling which is also the functional currency. |
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 |
Plant and machinery etc | - |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Going concern |
The financial statements have been prepared on a going concern basis even though at the balance sheet date the company shows current net liabilities of £11,070 (2020: £6,789) and made a loss during the year of £4,467 (2020: £4,517). |
The Directors consider the going concern basis to be appropriate due to the fact that the controlling parties have agreed to provide financial support for the next 12 months as from the date of the approval of the financial statements in order for the company to meet its current liabilities. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2020 - NIL). |
Business Banking Solutions Limited (Registered number: 05785847) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2021 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
At 1 May 2020 |
and 30 April 2021 |
DEPRECIATION |
At 1 May 2020 |
Charge for year |
At 30 April 2021 |
NET BOOK VALUE |
At 30 April 2021 |
At 30 April 2020 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.21 | 30.4.20 |
£ | £ |
Other creditors |
The Creditors amounts falling due within one year include a loan from Mr S G Perks, director of the Company for £6,815 (2020: £3,636). |
The amounts also include a loan from one of the Company's shareholders for £5,133 (2020: £2,000). |
6. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is Mr S G Perks. |