Careerbalance Limited - Accounts to registrar - small 17.2
Careerbalance Limited - Accounts to registrar - small 17.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 28 February 2017 |
| for |
| CAREERBALANCE LIMITED |
| CAREERBALANCE LIMITED (REGISTERED NUMBER: 05718620) |
| Contents of the Financial Statements |
| for the Year Ended 28 February 2017 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| CAREERBALANCE LIMITED |
| Company Information |
| for the Year Ended 28 February 2017 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Bencroft |
| Dassels |
| Braughing |
| Ware |
| Hertfordshire |
| SG11 2RW |
| CAREERBALANCE LIMITED (REGISTERED NUMBER: 05718620) |
| Statement of Financial Position |
| 28 February 2017 |
| 28.2.17 | 29.2.16 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| CAREERBALANCE LIMITED (REGISTERED NUMBER: 05718620) |
| Statement of Financial Position - continued |
| 28 February 2017 |
| 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 by: |
| CAREERBALANCE LIMITED (REGISTERED NUMBER: 05718620) |
| Notes to the Financial Statements |
| for the Year Ended 28 February 2017 |
| 1. | STATUTORY INFORMATION |
| Careerbalance Limited is a |
| 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 |
| Turnover |
| Turnover represents the net invoiced sales of services, excluding Value Added Tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Computer equipment | - |
| 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 statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| statement of financial position 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. |
| 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. |
| 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 |
| CAREERBALANCE LIMITED (REGISTERED NUMBER: 05718620) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28 February 2017 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Computer |
| machinery | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 March 2016 |
| Disposals | ( |
) | ( |
) |
| At 28 February 2017 |
| DEPRECIATION |
| At 1 March 2016 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 28 February 2017 |
| NET BOOK VALUE |
| At 28 February 2017 |
| At 29 February 2016 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.17 | 29.2.16 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.17 | 29.2.16 |
| £ | £ |
| Bank loans and overdrafts |
| Payments on account |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 28.2.17 | 29.2.16 |
| £ | £ |
| Bank loans |
| CAREERBALANCE LIMITED (REGISTERED NUMBER: 05718620) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28 February 2017 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 28.2.17 | 29.2.16 |
| value: | £ | £ |
| A Ordinary | £1 | 80 | 80 |
| B Ordinary | £1 | 20 | 20 |
| 100 | 100 |
| 9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 28 February 2017 and |
| 29 February 2016: |
| 28.2.17 | 29.2.16 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| 10. | FIRST YEAR ADOPTION |
| The company has adopted the provisions of FRS 102 for the first time in its financial statements for the year |
| ended 28 February 2017. The comparative disclosures have been updated to reflect the change in the |
| requirements by UK GAAP, however this has had no material effect on the figures in the financial statements. |
| As such, no reconciliation for the effect of FRS 102 has been provided. |