Bishops Cleaning Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 09063484 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

Bishops Cleaning Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D M Bishop

Mrs D Bishop

REGISTERED OFFICE:

Building 3

North London Business Park

Oakleigh Road South

London

N11 1GN

REGISTERED NUMBER:

09063484 (England and Wales)

ACCOUNTANTS:

ABEL Associates

Chartered Accountants

North London Business Park

Oakleigh Road South

London

N11 1GN

FIXED ASSETS

Intangible assets

2

7,142

8,571

CURRENT ASSETS

Debtors

12,693

7,066

Cash at bank

6,238

6,889

18,931

13,955

CREDITORS

Amounts falling due within one year

18,814

12,679

NET CURRENT ASSETS

117

1,276

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,259

9,847

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

7,257

9,845

SHAREHOLDERS' FUNDS

7,259

9,847

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 21 January 2017 and were signed on its behalf by:

D M Bishop - 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 the invoiced value of services provided, excluding value added tax.

Goodwill

Intangible fixed assets are amortised at rates calculated to write off the assets on a straight line basis over their

useful economic lives. Impairment of their value is only reviewed where circumstances indicate that the carrying

value of an asset may not be fully recoverable. In this case intangible assets are comprised solely of purchased

goodwill following the transfer of Mr Bishop's business to the company.

Deferred tax

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

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

10,000

AMORTISATION

At 1 June 2015

1,429

Amortisation for year

1,429

At 31 May 2016

2,858

NET BOOK VALUE

At 31 May 2016

7,142

At 31 May 2015

8,571

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

2

Ordinary

1

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 May 2016 and the period

ended 31 May 2015:

31.5.16

31.5.15

£

Mrs D Bishop

Balance outstanding at start of year

7,066

-

Amounts advanced

23,000

7,066

Amounts repaid

(25,560

)

-

Balance outstanding at end of year

4,506

7,066

D M Bishop

Balance outstanding at start of year

-

Amounts advanced

8,187

-

Amounts repaid

-

Balance outstanding at end of year

8,187

-

5.	ULTIMATE CONTROLLING PARTY

Mr and Mrs Bishop control the company through their equal 50% shareholdings.