BIB Group Holdings Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06457697 (England and Wales)

BIB GROUP HOLDINGS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST JULY 2016

Page

Company Information

1

Accountants' Report

2

Abbreviated Balance Sheet

3

to

4

Notes to the Abbreviated Accounts

5

to

6

DIRECTORS:

T H M Baker

R W Wright

REGISTERED OFFICE:

Richmond House

Walkern Road

Stevenage

Hertfordshire

SG1 3QP

REGISTERED NUMBER:

06457697 (England and Wales)

ACCOUNTANTS:

Wags LLP t/a Wagstaffs

Richmond House

Walkern Road

Stevenage

Hertfordshire

SG1 3QP

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages

three to six) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of BIB Group Holdings Limited for the year ended 31st July 2016 which

comprise the Profit and Loss Account, the 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of BIB Group Holdings 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 BIB Group Holdings Limited and state those matters that we have agreed to state to the Board of Directors of BIB Group Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BIB Group Holdings Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that BIB Group Holdings 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 BIB Group Holdings Limited. You consider that BIB Group Holdings 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 BIB Group Holdings 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.

Wags LLP t/a Wagstaffs

Richmond House

Walkern Road

Stevenage

Hertfordshire

SG1 3QP

28th November 2016

FIXED ASSETS

Investments

2

1,002

CURRENT ASSETS

Debtors

120

CREDITORS

Amounts falling due within one year

(1,002

)

(1,002

)

NET CURRENT LIABILITIES

(882

)

(882

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

120

CAPITAL AND RESERVES

Called up share capital

3

120

SHAREHOLDERS' FUNDS

120

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 28th November 2016 and were
signed on its behalf by:

T H M Baker - 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).

Deferred tax

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

at the balance sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

Cost

At 1st August 2015

and 31st July 2016

1,002

Net book value

At 31st July 2016

1,002

At 31st July 2015

1,002

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

following:

Bakers Instrument Brokers Limited

Nature of business: Optical equipment sales

%

Class of shares:

holding

Ordinary shares

95.00

Ordinary B shares

5.00

2016

2015

£

Aggregate capital and reserves

220,192

163,118

Profit for the year

129,240

89,434

Anyview Europe Limited

Nature of business: Suppliers of optical equipment

%

Class of shares:

holding

Ordinary shares

100.00

2016

2015

£

Aggregate capital and reserves

163,212

167,874

Loss for the year

(4,662

)

(417

)

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

102

Ordinary

£1

102

6

Ordinary B

£1

6

12

Ordinary C

£1

12

120