11A_BUSINESS_SOLUTIONS_LI - Accounts

11A BUSINESS SOLUTIONS LIMITED - Company Information

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Company Registration No. 07321186 (England and Wales)

11A BUSINESS SOLUTIONS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015

11A BUSINESS SOLUTIONS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

11A BUSINESS SOLUTIONS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

274

112

Current assets

Debtors

569

585

Cash at bank and in hand

115,253

125,678

115,822

126,263

Creditors: amounts falling due within one year

(11,913)

(24,301)

Net current assets

103,909

101,962

Total assets less current liabilities

104,183

102,074

Provisions for liabilities

(54)

(23)

104,129

102,051

Capital and reserves

Called up share capital

100

Profit and loss account

104,029

101,951

Shareholders' funds

104,129

102,051

For the financial year ended 31 July 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 1 December 2015

Mrs L Galvin

Mr D Galvin

Director

Company Registration No. 07321186

11A BUSINESS SOLUTIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

33.3% Straight Line

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 August 2014

3,048

Additions

410

At 31 July 2015

3,458

Depreciation

At 1 August 2014

2,936

Charge for the year

248

At 31 July 2015

3,184

Net book value

At 31 July 2015

274

At 31 July 2014

112

11A BUSINESS SOLUTIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100