Busybarn Services Ltd - Accounts

BUSYBARN SERVICES LIMITED - Company Information

Registered number

05320890

Busybarn Services Ltd

Report and Accounts

31 December 2013

Busybarn Services Ltd
Registered number:		05320890
Directors' Report

The directors present their report and accounts for the year ended 31 December 2013.

Principal activities
The company's principal activity during the year continued to be that of an administrative agent in the field of providing consultancy services in architecture.

Directors
The following persons served as directors during the year:

	Richard Hazzard
	Versos Directors Limited

Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 12 September 2014 and signed on its behalf.





Richard Hazzard
Director

Busybarn Services Ltd
Profit and Loss Account
for the year ended 31 December 2013


Notes		2013		2012
€			€

Turnover		19,232		14,799

Administrative expenses		(17,265)		(10,336)

Operating profit		1,967		4,463

Interest payable & similar charges	2	(219)		(319)

Profit on ordinary activities before taxation		1,748		4,144

Tax on profit on ordinary activities	3	(406)		(1,015)

Profit for the financial year		1,342		3,129

Busybarn Services Ltd
Balance Sheet
as at 31 December 2013

Notes			2013			2012
€				€
Current assets
Debtors	4	51,082			50,333
Cash at bank and in hand		9,252			2,574
		60,334			52,907

Creditors: amounts falling due within one year	5	(16,997)			(10,912)

Net current assets			43,337			41,995

Net assets			43,337			41,995

Capital and reserves
Called up share capital	6		1,431			1,431
Profit and loss account	7		41,906			40,564

Shareholder's funds			43,337			41,995

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.




Richard Hazzard
Director
Approved by the board on 12 September 2014

Busybarn Services Ltd
Notes to the Accounts
for the year ended 31 December 2013

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The Company has taken advantage of the exemption in financial reporting standard No.1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated into Euros at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Interest payable & similar charges					2013		2012
€							€

	Loss on foreign exchange					219		319


3	Taxation					2013		2012
€							€

	UK corporation tax					406		1,015


4	Debtors					2013		2012
€							€

	Trade debtors					51,082		50,333


5	Creditors: amounts falling due within one year					2013		2012
€							€

	Corporation tax					406		1,015
	Other creditors					16,591		9,897
						16,997		10,912


6	Share capital	Nominal		2013		2013		2012
value			Number		€		€
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1,000		1,431		1,431


7	Profit and loss account					2013
€

	At 1 January 2013					40,564
	Profit for the year					1,342

	At 31 December 2013					41,906


8	Ultimate controlling party

	The directors are aware of the ultimate controlling party. However, they are under a duty of confidentiality that prevents them from disclosing certain information otherwise required by Financial Reporting Standard 8. Therefore they have taken the exemption offered by the standard in respect of confidentiality.