BackleyBlack Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 07976703 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

BackleyBlack Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr. R Black

Mr S J Backley

REGISTERED OFFICE:

Kings Lodge

London Road

West Kingsdown

Sevenoaks

Kent

TN15 6AR

REGISTERED NUMBER:

07976703 (England and Wales)

ACCOUNTANTS:

A4G LLP

Kings Lodge

London Road

West Kingsdown

Sevenoaks

Kent

TN15 6AR

FIXED ASSETS

Intangible assets

5

139,195

200,937

Tangible assets

6

1,875

3,773

141,070

204,710

CURRENT ASSETS

Debtors

33,151

104,876

Cash at bank and in hand

129,332

50,612

162,483

155,488

CREDITORS

Amounts falling due within one year

87,670

232,960

NET CURRENT ASSETS/(LIABILITIES)

74,813

(77,472

)

TOTAL ASSETS LESS CURRENT LIABILITIES

215,883

127,238

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

215,783

127,138

SHAREHOLDERS' FUNDS

215,883

127,238

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 22 September 2017 and were signed on its behalf by:

Mr. R Black - Director

1.	STATUTORY INFORMATION

BackleyBlack 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Revenue recognition

Sales comprise the fair value of the consideration received or receivable for the rendering of services in the

ordinary course of the company's activities. Sales are presented, net of value-added tax, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that

future economic benefits will flow to the entity and when specific criteria have been met for each of the

company's activities as follows:

Revenue from the sale of services is recognised at the point at which those services have been provided to the

customer. Where payments are received from customers in advance of services provided, the amounts are

recorded as deferred income and included as part of creditors due within one year.

Goodwill

Goodwill was purchased on the 1st July 2014 and is being fully amortised over the estimated useful life of 5

years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Trade mark are being amortised evenly over their estimated useful life of nil 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

-

15% on reducing balance

Computer equipment

-

33% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Trade mark

Trade marks are amortised over its estimated useful life of 10 years.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

5.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

and 31 March 2017

309,077

AMORTISATION

At 1 April 2016

108,140

Amortisation for year

61,742

At 31 March 2017

169,882

NET BOOK VALUE

At 31 March 2017

139,195

At 31 March 2016

200,937

6.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

and 31 March 2017

7,750

DEPRECIATION

At 1 April 2016

3,977

Charge for year

1,898

At 31 March 2017

5,875

NET BOOK VALUE

At 31 March 2017

1,875

At 31 March 2016

3,773