BILLING ASSOCIATES LIMITED - Accounts to registrar - small 17.2

REGISTERED NUMBER: 03677852

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

BILLING ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N A H Billing

REGISTERED OFFICE:

c/o Alexander House

21 Station Approach

VIRGINIA WATER

Surrey

GU25 4DW

REGISTERED NUMBER:

03677852

ACCOUNTANTS:

CH London Limited

Alexander House

21 Station Approach

VIRGINIA WATER

Surrey

GU25 4DW

FIXED ASSETS

Investments

3

102

CURRENT ASSETS

Debtors

4

77,408

Cash at bank

649

78,057

CREDITORS

Amounts falling due within one year

5

190,397

NET CURRENT LIABILITIES

(112,340

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(112,238

)

CAPITAL AND RESERVES

Called up share capital

202

Retained earnings

(112,440

)

SHAREHOLDERS' FUNDS

(112,238

)

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 director acknowledges his 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 director on 4 June 2017 and were signed by:

N A H Billing - Director

1.	STATUTORY INFORMATION

BILLING ASSOCIATES LIMITED is a private company, limited by shares , registered in Not specified/Other. 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.

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.

3.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2016

and 31 December 2016

102

NET BOOK VALUE

At 31 December 2016

102

At 31 December 2015

102

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

77,408

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

190,397

6.	CONTROLLING PARTY

The controlling party is N A H Billing.

Throughout the year ended 31 December 2016, the company was controlled by its director and shareholder, Mr N A H Billing