BLB Utilities Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07902821 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2016

FOR

BLB UTILITIES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M S Page

C J Tunbridge

SECRETARY:

Mrs L G Tunbridge

REGISTERED OFFICE:

BLB House

15-16 Hunns Mere Way

Woodingdean Business Park

Brighton

East Sussex

BN2 6AH

REGISTERED NUMBER:

07902821 (England and Wales)

ACCOUNTANTS:

Cardens Accountants LLP

The Old Casino

28 Fourth Avenue

Hove

East Sussex

BN3 2PJ

FIXED ASSETS

Tangible assets

2

959

1,914

CURRENT ASSETS

Debtors

39,953

34,031

Cash at bank

33,884

52,191

73,837

86,222

CREDITORS

Amounts falling due within one year

49,886

70,361

NET CURRENT ASSETS

23,951

15,861

TOTAL ASSETS LESS CURRENT LIABILITIES

24,910

17,775

PROVISIONS FOR LIABILITIES

192

-

NET ASSETS

24,718

17,775

CAPITAL AND RESERVES

Called up share capital

3

104

104

Profit and loss account

24,614

17,671

24,718

17,775

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 29 September 2016 and were signed on its behalf by:

M S Page - Director

C J Tunbridge - 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 January 2015).

Turnover

Turnover represents sales of services net of VAT. Turnover is recognised at the point the customer is entitled to

consideration.

Tangible fixed assets

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

Website

-

33% on cost

Computer equipment

-

33% on cost

Deferred tax

Deferred taxation is provided in full on timing differences which represent a liability at the balance sheet date, at

rates expected to apply when they crystallise based on current tax rates and law. Timing differences arise from

the inclusion of items of income and expenditure in taxation computations in periods different from those in

which they are included in financial statements. Deferred tax is not provided on timing differences arising from

the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities

are not discounted.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

and 31 January 2016

3,919

DEPRECIATION

At 1 February 2015

2,005

Charge for year

955

At 31 January 2016

2,960

NET BOOK VALUE

At 31 January 2016

959

At 31 January 2015

1,914

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

Value:

£

100

Ordinary A

£1

100

1

Ordinary B

£1

1

1

Ordinary C

£1

1

1

Ordinary D

£1

1

1

Ordinary E

£1

1

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES