Judith Bealey Associates Limited - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 06562234 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Judith Bealey Associates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs J M Bealey

N S J Bealey

SECRETARY:

N S J Bealey

REGISTERED OFFICE:

97 Broomleaf Road

Farnham

Surrey

GU9 8DH

REGISTERED NUMBER:

06562234 (England and Wales)

ACCOUNTANTS:

Branston Adams

Suite 2, Victoria House

South Street

Farnham

Surrey

GU9 7QU

FIXED ASSETS

Tangible assets

4

-

183

CURRENT ASSETS

Debtors

5

20,049

3,600

Cash at bank

93,322

74,473

113,371

78,073

CREDITORS

Amounts falling due within one year

6

88,715

68,876

NET CURRENT ASSETS

24,656

9,197

TOTAL ASSETS LESS CURRENT LIABILITIES

24,656

9,380

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

24,646

9,370

SHAREHOLDERS' FUNDS

24,656

9,380

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.

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 7 October 2017 and were signed on its behalf by:

Mrs J M Bealey - Director

1.	STATUTORY INFORMATION

Judith Bealey Associates 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.	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.

Turnover

Turnover is the amount derived from the ordinary activities of the business during the year, net of trade

discounts and flat rate scheme VAT.

Tangible fixed assets

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

Computer equipment

-

33% on cost

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 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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2016

and 31 March 2017

-

1,128

1,128

DEPRECIATION

At 1 April 2016

-

945

945

Charge for year

183

-

183

At 31 March 2017

183

945

1,128

NET BOOK VALUE

At 31 March 2017

(183

)

183

-

At 31 March 2016

-

183

183

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

10,105

3,600

Other debtors

9,944

-

20,049

3,600

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Taxation and social security

24,227

5,107

Other creditors

64,488

63,769

88,715

68,876

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £50,000 were paid to the directors .

8.	CONTROLLING PARTY