Abbreviated Company Accounts - BUSINESS DEVELOPMENT AGENCY SERVICES LTD

Abbreviated Company Accounts - BUSINESS DEVELOPMENT AGENCY SERVICES LTD


Registered Number NI036791

BUSINESS DEVELOPMENT AGENCY SERVICES LTD

Abbreviated Accounts

31 August 2015

BUSINESS DEVELOPMENT AGENCY SERVICES LTD Registered Number NI036791

Abbreviated Balance Sheet as at 31 August 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 494,688 492,205
494,688 492,205
Current assets
Cash at bank and in hand 19,940 16,800
19,940 16,800
Creditors: amounts falling due within one year (36,499) (34,869)
Net current assets (liabilities) (16,559) (18,069)
Total assets less current liabilities 478,129 474,136
Creditors: amounts falling due after more than one year (399,539) (398,256)
Total net assets (liabilities) 78,590 75,880
Capital and reserves
Called up share capital 3 1 1
Revaluation reserve 79,938 79,938
Profit and loss account (1,349) (4,059)
Shareholders' funds 78,590 75,880
  • For the year ending 31 August 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 May 2016

And signed on their behalf by:
Peter Sweeney, Director

BUSINESS DEVELOPMENT AGENCY SERVICES LTD Registered Number NI036791

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention modified to include the revaluation of certain fixed assets and comply with financial reporting standards of Accounting Standards Board.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Land & Buildings: 0%
Fixture Fittings and equipment: 25% on cost

2Tangible fixed assets
£
Cost
At 1 September 2014 519,640
Additions 4,265
Disposals -
Revaluations -
Transfers -
At 31 August 2015 523,905
Depreciation
At 1 September 2014 27,435
Charge for the year 1,782
On disposals -
At 31 August 2015 29,217
Net book values
At 31 August 2015 494,688
At 31 August 2014 492,205
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
1 Ordinary shares of £1 each 1 1