David Blake-Standing & Company Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 07424705 (England and Wales)

Financial Statements for the Year Ended 30 November 2016

for

David Blake-Standing & Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Blake-Standing

A Hulejczuk

REGISTERED OFFICE:

Atkinsons

86 Burlington Road

New Malden

Surrey

KT3 4NT

REGISTERED NUMBER:

07424705 (England and Wales)

ACCOUNTANTS:

Atkinsons

Chartered Accountants

Palmeira Avenue Mansions

19 Church Road

Hove

East Sussex

BN3 2FA

FIXED ASSETS

Intangible assets

2

4,000

5,000

Tangible assets

3

5,299

5,622

Investments

4

848

848

10,147

11,470

CURRENT ASSETS

Debtors

5

101,589

53,263

Cash at bank

19,715

116,802

121,304

170,065

CREDITORS

Amounts falling due within one year

6

90,123

139,618

NET CURRENT ASSETS

31,181

30,447

TOTAL ASSETS LESS CURRENT LIABILITIES

41,328

41,917

PROVISIONS FOR LIABILITIES

7

1,060

1,125

NET ASSETS

40,268

40,792

CAPITAL AND RESERVES

Called up share capital

8

40,000

40,000

Profit and loss account

9

268

792

SHAREHOLDERS' FUNDS

40,268

40,792

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

The financial statements were approved by the Board of Directors on 31 August 2017 and were signed on its behalf by:

D Blake-Standing - 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 services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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

Goodwill

£

COST

At 1 December 2015

and 30 November 2016

10,000

AMORTISATION

At 1 December 2015

5,000

Amortisation for year

1,000

At 30 November 2016

6,000

NET BOOK VALUE

At 30 November 2016

4,000

At 30 November 2015

5,000

3.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 December 2015

12,525

8,494

21,019

Additions

-

1,443

1,443

At 30 November 2016

12,525

9,937

22,462

DEPRECIATION

At 1 December 2015

9,553

5,844

15,397

Charge for year

743

1,023

1,766

At 30 November 2016

10,296

6,867

17,163

NET BOOK VALUE

At 30 November 2016

2,229

3,070

5,299

At 30 November 2015

2,972

2,650

5,622

4.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 December 2015

and 30 November 2016

848

NET BOOK VALUE

At 30 November 2016

848

At 30 November 2015

848

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

Blake Standing SAS

Country of incorporation: France

Nature of business: Surveying

%

Class of shares:

holding

Ordinary

100.00

31/12/16

31/12/15

£

£

Aggregate capital and reserves

26,502

52,636

Profit/(loss) for the year

20,027

(17,914

)

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.16

30.11.15

£

£

Trade debtors

100,889

52,563

Other debtors

700

700

101,589

53,263

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.16

30.11.15

£

£

Trade creditors

41,872

35,028

Taxation and social security

3,403

11,129

Other creditors

44,848

93,461

90,123

139,618

7.	PROVISIONS FOR LIABILITIES

30.11.16

30.11.15

£

£

Deferred tax

Accelerated capital allowances

1,060

1,125

Deferred

tax

£

Balance at 1 December 2015

1,125

Accelerated capital allowances

(65

)

Balance at 30 November 2016

1,060

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

£

40,000

Ordinary

£1

40,000

40,000

9.

RESERVES

Profit

and loss

account

£

At 1 December 2015

792

Profit for the year

3,076

Dividends

(3,600

)

At 30 November 2016

268

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £3,600 were paid to the directors .

Blake-Standing SAS

Subsidiary of David Blake-Standing & Company Limited

1) The company charged Blake-Standing SAS £7,826 for administration expenses.

As at 30 November 2016 Blake-Standing SAS owed the company £7,826 (2015 - £0).