Beauchamp Computer Services Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 01874587 (England and Wales)

BEAUCHAMP COMPUTER SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Griffiths

A Coutts

I C Salter

L J Salter

REGISTERED OFFICE:

4 Plantagenet Road

New Barnet

Hertfordshire

EN5 5JQ

REGISTERED NUMBER:

01874587 (England and Wales)

ACCOUNTANTS:

Gallagher & Brocklehurst

4 Plantagenet Road

New Barnet

Hertfordshire

EN5 5JQ

ASSETS

FIXED ASSETS

Tangible assets

4

8,070

7,054

CURRENT ASSETS

Stocks

500

500

Debtors

5

113,369

131,348

Cash at bank

288,232

405,754

402,101

537,602

410,171

544,656

CAPITAL, RESERVES AND LIABILITIES

CAPITAL AND RESERVES

Called up share capital

110

110

Retained earnings

6

156,205

108,254

SHAREHOLDERS' FUNDS

156,315

108,364

CREDITORS

7

253,856

436,292

410,171

544,656

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 16 August 2017 and were signed on its behalf by:

I C Salter - Director

1.	STATUTORY INFORMATION

Beauchamp Computer Services Limited is a private company, limited by shares , registered

in England and Wales. The company's registered number and registered office address can

be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods or services, excluding value added tax and

is all generated in the United Kingdom.

Tangible fixed assets

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

Furniture and fittings

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive

income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have

been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in

periods different from those in which they are recognised in financial statements. Deferred

tax is measured using tax rates and laws that have been enacted or substantively enacted by

the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is

probable that they will be recovered against the reversal of deferred tax liabilities or other

future taxable profits.

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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 .

4.	TANGIBLE FIXED ASSETS

Furniture

and

fittings

£

COST

At 1 January 2016

66,442

Additions

2,439

At 31 December 2016

68,881

DEPRECIATION

At 1 January 2016

59,388

Charge for year

1,423

At 31 December 2016

60,811

NET BOOK VALUE

At 31 December 2016

8,070

At 31 December 2015

7,054

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade debtors

113,369

131,348

6.

RESERVES

2016

2015

Balance brought forward per Balance Sheet

108,254

55,828

Add profit per Income Statement

104,951

253,626

Less Dividends

(57,000

)

(201,200

)

Balance carried forward per Balance Sheet

156,205

108,254

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade creditors

72,079

60,985

Taxation and social security

21,255

62,278

Other creditors

160,522

313,029

253,856

436,292

Other creditors include the shareholders loan account of £77,792 (2015 - £128,042) which is

unsecured, interest free and repayable upon demand.

8.	CONTINGENT LIABILITIES

There were no contingent liabilities at the balance sheet date

9.	RELATED PARTY DISCLOSURES

Aabacus Accounting Partnership received £2,502 (2015 - £5,830) in respect of fees for the

services of S Griffiths acting on normal commercial terms.

Adrian Salter as sole voting shareholder received dividends of £nil (2015 - £50,000) during

the year.

Anthony Coutts received redeemable share dividends of £15,000 (2015 - £66,400) during the

year.

Ian Salter received redeemable share dividends of £17,400 (2015 - £12,000) during the year.

Stephen Griffiths received redeemable share dividends of £nil (2015 - £4,500) during the

year.

10.	ULTIMATE CONTROLLING PARTY

A Salter is the ultimate controlling party by virtue of his holding 100% of the issued voting

capital in the company and he reserves the right to amend these financial statements if

circumstances so dictate.