Bethan Jones Consulting Limited

Bethan Jones Consulting Limited

BETHAN JONES CONSULTING LTD - Company Information

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Company Registration No. 6825318 (England and Wales)
Bethan Jones Consulting Limited Annual Report and Unaudited Financial Statements for the year ended 28 February 2017
Bethan Jones Consulting Limited Annual Report and Unaudited Financial Statements Contents
Page
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Bethan Jones Consulting Limited Company Information for the year ended 28 February 2017
Director
Bethan Jones
Secretary
Heather Jones
Company Number
6825318 (England and Wales)
Registered Office
40 Bloomsbury Way Lower Ground Floor London WC1A 2SE England
Accountants
Finovium Limited 45a Edith Grove London SW10 0LB
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Bethan Jones Consulting Limited Accountants' report
Accountants' report to the director of Bethan Jones Consulting Limited on the preparation of the unaudited statutory accounts for the year ended 28 February 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bethan Jones Consulting Limited for the year ended 28 February 2017 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Bethan Jones Consulting Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Bethan Jones Consulting Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bethan Jones Consulting Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Bethan Jones Consulting Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Bethan Jones Consulting Limited. You consider that Bethan Jones 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 accounts of Bethan Jones 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 accounts.
Finovium Limited 45a Edith Grove London SW10 0LB 22 March 2017
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Bethan Jones Consulting Limited Statement of financial position as at 28 February 2017
2017 
2016 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
533 
- 
Current assets
Debtors
5
2,511 
- 
Cash at bank and in hand
75,197 
86,587 
77,708 
86,587 
Creditors: amounts falling due within one year
6
(50,938)
(55,716)
Net current assets
26,770 
30,871 
Net assets
27,303 
30,871 
Capital and reserves
Called up share capital
7
1 
1 
Profit and loss account
27,302 
30,870 
Shareholders' funds
27,303 
30,871 
For the year ending 28 February 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 22 March 2017.
Bethan Jones Director Company Registration No. 6825318
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Bethan Jones Consulting Limited Notes to the Accounts for the year ended 28 February 2017
1
Statutory information
Bethan Jones Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 6825318. The registered office and principal place of business is 40 Bloomsbury Way, Lower Ground Floor, London, WC1A 2SE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 28 February 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2016. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% straight line
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Bethan Jones Consulting Limited Notes to the Accounts for the year ended 28 February 2017
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2016
- 
Additions
799 
At 28 February 2017
799 
Depreciation
Charge for the year
266 
At 28 February 2017
266 
Net book value
At 28 February 2017
533 
5
Debtors
2017 
2016 
£ 
£ 
Trade debtors
2,511 
- 
6
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Corporation tax
7,384 
6,798 
Loans from directors
42,454 
36,715 
Accruals
1,100 
1,454 
Deferred income
- 
10,749 
50,938 
55,716 
7
Share capital
2017 
2016 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Bethan Jones
Loans advanced to the Company
(36,715)
11,448 
17,187 
(42,454)
(36,715)
11,448 
17,187 
(42,454)
9
Transactions with related parties
On 28 February 2017 an interim dividend was proposed and paid by the Board. The director received a dividend of £7,500.
10
Average number of employees
During the year the average number of employees was 1 (2016: 1).
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