BillFront Limited Micro-entity accounts

BillFront Limited Micro-entity accounts

VANE FINANCE TECHNOLOGY LIMITED - Company Information

Print Friendly Version

false false false false false false false false false true false false false false false true false No description of principal activity 2016-01-01 Sage Accounts Production Advanced 2017 Update 1 - FRS xbrli:pure xbrli:shares iso4217:GBP 09446187 2016-01-01 2016-12-31 09446187 2016-12-31 09446187 2015-01-01 2015-12-31 09446187 2015-12-31 09446187 bus:Director1 2016-01-01 2016-12-31 09446187 core:WithinOneYear 2016-12-31 09446187 core:WithinOneYear 2015-12-31 09446187 bus:Micro-entities 2016-01-01 2016-12-31 09446187 bus:AuditExempt-NoAccountantsReport 2016-01-01 2016-12-31 09446187 bus:FullAccounts 2016-01-01 2016-12-31 09446187 bus:SmallCompaniesRegimeForAccounts 2016-01-01 2016-12-31 09446187 bus:PrivateLimitedCompanyLtd 2016-01-01 2016-12-31
COMPANY REGISTRATION NUMBER: 09446187
BillFront Limited
Unaudited Financial Statements
31 December 2016
BillFront Limited
Financial Statements
Year ended 31 December 2016
Contents
Page
Income statement
1
Statement of financial position and the notes to the financial statements
2
The following pages do not form part of the financial statements
Detailed income statement
4
Notes to the detailed income statement
5
BillFront Limited
Income Statement
Year ended 31 December 2016
2016
2015
£
£
Turnover
81,509
33,216
Staff costs
31,200
2,504
Other charges
256,389
93,190
---------
--------
Loss
( 206,080)
( 62,478)
---------
--------
BillFront Limited
Statement of Financial Position
31 December 2016
2016
2015
£
£
£
Current assets
609,956
417,128
Prepayments and accrued income
-
400
---------
---------
609,956
417,528
Creditors: amounts falling due within one year
856,486
478,920
---------
---------
Net current liabilities
246,530
61,392
---------
--------
Total assets less current liabilities
( 246,530)
( 61,392)
Accruals and deferred income
21,928
986
---------
--------
(268,458)
(62,378)
---------
--------
Capital and reserves
( 268,458)
( 62,378)
---------
--------
For the year ending 31 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions.
These financial statements were approved by the board of directors and authorised for issue on 27 September 2017 , and are signed on behalf of the board by:
Mr G Dimitriou
Director
Company registration number: 09446187
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 80 Great Eastern Street, Shoreditch, London, EC2A 3JL, England and Wales.
BillFront Limited
Management Information
Year ended 31 December 2016
The following page does not form part of the financial statements.
BillFront Limited
Detailed Income Statement
Year ended 31 December 2016
2016
2015
£
£
Turnover
81,509
33,216
Staff costs
31,200
2,504
Other charges
256,389
93,190
---------
--------
206,080
62,478
---------
--------
BillFront Limited
Notes to the Detailed Income Statement
Year ended 31 December 2016
2016
2015
£
£
Staff costs
Directors salaries
28,400
2,200
Directors national insurance contributions
2,800
304
--------
-------
31,200
2,504
--------
-------
Other charges
Direct costs
1,888
891
Rent
2,340
-
Travel and subsistence
1,476
-
Subscriptions
400
800
IT Software
440
-
Printing postage and stationery
38
200
Staff training
-
571
Advertising
54
5,552
Entertaining
824
98
Interest paid
54,672
15,645
Bank charges
1,739
1,453
Foreign currency gains/losses
14,623
(3,245)
Legal and professional fees
111,861
17,784
Consulting
61,264
50,870
Accountancy fees
4,770
2,571
---------
--------
256,389
93,190
---------
--------