Best Practice Associates (Europe) Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04734195 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

BEST PRACTICE ASSOCIATES (EUROPE) LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S Thom

SECRETARY:

S Foster Limited

REGISTERED OFFICE:

The Courtyard

33 Duke Street

Trowbridge

Wiltshire

BA14 8EA

REGISTERED NUMBER:

04734195 (England and Wales)

ACCOUNTANTS:

Blomfields

The Courtyard

33 Duke Street

Trowbridge

Wiltshire

BA14 8EA

FIXED ASSETS

Tangible assets

2

12,529

7,830

CURRENT ASSETS

Debtors

295,318

185,503

Cash at bank

-

3,443

295,318

188,946

CREDITORS

Amounts falling due within one year

143,087

95,559

NET CURRENT ASSETS

152,231

93,387

TOTAL ASSETS LESS CURRENT LIABILITIES

164,760

101,217

CREDITORS

Amounts falling due after more than one year

58,276

69,752

NET ASSETS

106,484

31,465

CAPITAL AND RESERVES

Called up share capital

3

95

95

Profit and loss account

106,389

31,370

SHAREHOLDERS' FUNDS

106,484

31,465

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30 September 2015 and were signed by:

S Thom - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover is work done to date net of VAT.

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

29,247

Additions

8,875

At 31 December 2014

38,122

DEPRECIATION

At 1 January 2014

21,417

Charge for year

4,176

At 31 December 2014

25,593

NET BOOK VALUE

At 31 December 2014

12,529

At 31 December 2013

7,830

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

95

Ordinary

£1

95

95