Barry Kayes Consulting Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06054434

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST JANUARY 2016

FOR

BARRY KAYES CONSULTING LIMITED

Page

Abbreviated Balance Sheet

1

to

2

Notes to the Abbreviated Accounts

3

to

4

FIXED ASSETS

Intangible assets

2

2,500

3,000

Tangible assets

3

2,170

1,980

4,670

4,980

CURRENT ASSETS

Stocks

-

2,083

Cash at bank

29,437

32,735

29,437

34,818

CREDITORS

Amounts falling due within one year

(10,356

)

(10,180

)

NET CURRENT ASSETS

19,081

24,638

TOTAL ASSETS LESS CURRENT
LIABILITIES

23,751

29,618

PROVISIONS FOR LIABILITIES

(434

)

(396

)

NET ASSETS

23,317

29,222

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

23,315

29,220

SHAREHOLDERS' FUNDS

23,317

29,222

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 22nd October 2016 and were signed on its behalf
by:

BC Kayes - 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 net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation.

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated

residual value, over their expected useful lives on the following basis:

Fixtures & fittings

The rate of 25% per annum - reducing balance basis

Amortisation

The rate of 10% per annum - straight line basis

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st February 2015

and 31st January 2016

5,000

AMORTISATION

At 1st February 2015

2,000

Amortisation for year

500

At 31st January 2016

2,500

NET BOOK VALUE

At 31st January 2016

2,500

At 31st January 2015

3,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st February 2015

6,040

Additions

913

At 31st January 2016

6,953

DEPRECIATION

At 1st February 2015

4,060

Charge for year

723

At 31st January 2016

4,783

NET BOOK VALUE

At 31st January 2016

2,170

At 31st January 2015

1,980

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

2