Bright Young Consulting Limited - Accounts to registrar - small 16.1.1
Bright Young Consulting Limited - Accounts to registrar - small 16.1.1
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 December 2015 |
for |
Bright Young Consulting Limited |
Bright Young Consulting Limited (Registered number: 05809281) |
Contents of the Financial Statements |
for the Year Ended 31 December 2015 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Chartered Certified Accountants' Report | 6 |
Bright Young Consulting Limited |
Company Information |
for the Year Ended 31 December 2015 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
103 Haugh Green |
Upper Haugh |
Rotherham |
South Yorkshire |
S62 7FB |
Bright Young Consulting Limited (Registered number: 05809281) |
Abridged Balance Sheet |
31 December 2015 |
31.12.15 | 31.12.14 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors: amounts falling due within one year | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | 7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | 9 |
SHAREHOLDERS' FUNDS |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on |
Bright Young Consulting Limited (Registered number: 05809281) |
Notes to the Financial Statements |
for the Year Ended 31 December 2015 |
1. | STATUTORY INFORMATION |
Bright Young Consulting Limited is a |
registered number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value |
added tax and other sales taxes. |
Tangible fixed assets |
Plant & machinery etc | - | 25% 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 January 2015 |
Additions |
Disposals | ( |
) |
At 31 December 2015 |
DEPRECIATION |
At 1 January 2015 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31 December 2015 |
NET BOOK VALUE |
At 31 December 2015 |
At 31 December 2014 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.15 | 31.12.14 |
£ | £ |
Trade debtors |
Other debtors |
Bright Young Consulting Limited (Registered number: 05809281) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2015 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.15 | 31.12.14 |
£ | £ |
Trade creditors |
Taxation & social security |
Other creditors |
7. | PROVISIONS FOR LIABILITIES |
31.12.15 | 31.12.14 |
£ | £ |
Deferred tax |
Accelerated capital allowances |
Deferred |
tax |
£ |
Balance at 1 January 2015 |
Charge to Abridged Income Statement during year |
Balance at 31 December 2015 |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.12.15 | 31.12.14 |
value: | £ | £ |
'A' Non Voting | £1 | 100 | 100 |
'B' Non Voting | £1 | 100 | 100 |
Ordinary 'A' | £1 | 25 | 25 |
Ordinary 'B' | £1 | 65 | 65 |
10 | Ordinary 'C' | £1 | 10 | 10 |
300 | 300 |
All shares pari passu except: |
Voting |
The A non-voting and B non-voting shares shall not entitle the holders to receive notice and vote (either in person or by |
proxy) at any general meeting of the company unless unless the business includes the consideration of a resolution for |
winding up the company, or a resolution altering or abrogating any of the rights, privileges, limitations and restrictions |
attached to the A non-voting and B non-voting shares. |
In such circumstances the holders of the A non-voting and B non-voting shares shall have the right to vote at the meeting in |
respect of the A non-voting and B non-voting shares held by them only on a resolution of the nature described, in which |
event holders of the A non-voting and B non-voting shares shall have one vote on a show of hands and on a poll one vote in |
respect of every A non-voting and B non-voting share held by them respectively. |
Capital |
On a return of capital on liquidation or otherwise, the B non-voting shares shall not entitle the holders thereof to any |
further or other right of participation in the assets of the company other than the repayment of the amount paid up on |
such shares. |
Bright Young Consulting Limited (Registered number: 05809281) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2015 |
9. | RESERVES |
Retained |
earnings |
£ |
At 1 January 2015 |
Profit for the year |
Dividends | ( |
) |
At 31 December 2015 |
10. | RELATED PARTY DISCLOSURES |
During the year, total dividends of £80,000 were paid to the directors . |
11. | ULTIMATE CONTROLLING PARTY |
The controlling party is J Bright. |
Chartered Certified Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Bright Young Consulting Limited |
The following reproduces the text of the report prepared for the directors and members in respect of the company's annual |
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance |
Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the |
Directors are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial |
statements of Bright Young Consulting Limited for the year ended 31 December 2015 which comprise the Abridged Income |
statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and |
explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook. |
This report is made solely to the Board of Directors of Bright Young Consulting Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bright Young Consulting Limited and state those matters that we have agreed to state to the Board of Directors of Bright Young Consulting Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Bright Young Consulting Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bright Young Consulting Limited. You consider that Bright Young Consulting Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Bright Young Consulting Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Certified Accountants |
103 Haugh Green |
Upper Haugh |
Rotherham |
South Yorkshire |
S62 7FB |