BPI Consultancy Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04080104 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 MAY 2014 TO 29 APRIL 2015

FOR

BPI CONSULTANCY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

K Jones

Mrs S Jones

SECRETARY:

Mrs S Jones

REGISTERED OFFICE:

Office 8 Venture Wales Building

Depot Road

Gadlys

Aberdare

CF44 8DL

REGISTERED NUMBER:

04080104 (England and Wales)

ACCOUNTANTS:

Btp Associates

Chartered Accountants

Orbit Business Centre

Merthyr Tydfil

CF48 1DL

BANKERS:

Barclays Bank PLC

12/13 Victoria Square

Aberdare

CF44 7HY

FIXED ASSETS

Tangible assets

2

-

Investments

3

-

60

-

60

CURRENT ASSETS

Debtors

66

61

Cash at bank

7,329

33,722

7,395

33,783

CREDITORS

Amounts falling due within one year

9,568

25,596

NET CURRENT (LIABILITIES)/ASSETS

(2,173

)

8,187

TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,173

)

8,247

CAPITAL AND RESERVES

Called up share capital

4

11

Profit and loss account

(2,184

)

8,236

SHAREHOLDERS' FUNDS

(2,173

)

8,247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 April 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 April 2015 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors on 25 April 2016 and were signed on its behalf by:

K Jones - 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).

Preparation of consolidated financial statements

The financial statements contain information about BPI Consultancy Limited as an individual company and do

not contain consolidated financial information as the parent of a group. The company has taken the option under

Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 29 April 2015

12,289

DEPRECIATION

At 1 May 2014

and 29 April 2015

12,289

NET BOOK VALUE

At 29 April 2015

-

At 30 April 2014

-

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 May 2014

60

Additions

9,461

Disposals

(9,521

)

At 29 April 2015

-

NET BOOK VALUE

At 29 April 2015

-

At 30 April 2014

60

The company's investments at the Balance Sheet date in the share capital of companies include the following:

BPI Training Limited became a subsidiary of the company on 12 December 2000 when Mr & Mrs Jones each

transferred their personal shareholdings of Ordinary A shares to the company, representing 60% of the total

ordinary shares in issue. On 25 September 2001 66.67% of the Ordinary C shares were transferred to the

company with the result that BPI Consultancy Ltd held 66.67% of the total issued ordinary shares of BPI

Training Ltd at 30 November 2001. In August 2014 the remaining share capital was purchased, 100% of the

Ordinary B shares and the remaining 33.34% of the Ordinary C shares, resulting in BPI Training Limited

becoming a wholly owned subsidiary of BPI Consultancy Limited as at the balance sheet date.

BPI Training Limited has since gone into liquidation. No final accounts have as yet been prepared therefore it is

not possible to include figures for the comparable Profit or Aggregate capital and reserves.

4.	CALLED UP SHARE CAPITAL

Authorised:

Number:

Class

Nominal

2015

2014

Value

£

100

Ordinary A Shares

1

100

Ordinary B Shares

1

100

Ordinary C Shares

1

100

Ordinary D Shares

1

100

400

Allotted, issued and fully paid:

Number:

Class

Nominal

2015

2014

Value

£

5

Ordinary A Shares

5

4

Ordinary B Shares

4

1

Ordinary C Shares

1

Ordinary D Shares

1

11

5.

CONTROL

The company is controlled by the directors who own 82% of the issued share capital.