Black Pearl House (BPH) Ltd Small abridged accounts
Black Pearl House (BPH) Ltd Small abridged accounts
Statement of Consent to Prepare Abridged Financial Statements |
COMPANY REGISTRATION NUMBER:
07917582
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Abridged Financial Statements |
Year ended 31 January 2017
Contents |
Page |
Directors' report |
1 |
Abridged statement of comprehensive income |
2 |
Abridged statement of financial position |
3 |
Statement of changes in equity |
4 |
Notes to the abridged financial statements |
5 |
The following pages do not form part of the abridged financial statements
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory abridged financial statements |
9 |
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Directors' Report |
Year ended 31 January 2017
The directors present their report and the unaudited abridged financial statements of the company for the year ended
31 January 2017
.
Directors
The directors who served the company during the year were as follows:
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Small company provisions
This report was approved by the board of directors on
30 November 2017
and signed on behalf of the board by:
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Director |
Registered office: |
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Abridged Statement of Comprehensive Income |
Year ended 31 January 2017
2017 |
2016 |
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Note |
£ |
£ |
Gross profit |
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Administrative expenses |
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--------- |
--------- |
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Operating profit |
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Other interest receivable and similar income |
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--------- |
--------- |
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Profit before taxation |
5 |
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Tax on profit |
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-------- |
-------- |
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Profit for the financial year and total comprehensive income |
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-------- |
-------- |
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All the activities of the company are from continuing operations.
The company has no other recognised items of income and expenses other than the results for the year as set out above.
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Abridged Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
6 |
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Current assets
Debtors |
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Cash at bank and in hand |
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-------- |
-------- |
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Creditors: amounts falling due within one year |
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Net current assets |
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------- |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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------- |
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Shareholders funds |
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------- |
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Directors' responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
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These abridged financial statements were approved by the
board of directors
and authorised for issue on
30 November 2017
, and are signed on behalf of the board by:
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Director |
Company registration number:
07917582
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Statement of Changes in Equity |
Year ended 31 January 2017
Called up share capital |
Profit and loss account |
Total |
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£ |
£ |
£ |
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At 1 February 2015 |
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Profit for the year |
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---- |
-------- |
-------- |
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Total comprehensive income for the year |
– |
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Dividends paid and payable |
– |
(
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(
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---- |
-------- |
-------- |
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Total investments by and distributions to owners |
– |
(
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(
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At 31 January 2016 |
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Profit for the year |
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-------- |
-------- |
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Total comprehensive income for the year |
– |
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Issue of shares |
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– |
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Dividends paid and payable |
– |
(
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(
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---- |
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Total investments by and distributions to owners |
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(
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(
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-------- |
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At 31 January 2017 |
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Notes to the Abridged Financial Statements |
Year ended 31 January 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 7 Wraysbury Drive, West Drayton, Middlesex, UB7 7FL.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 February 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 9.
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment |
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20% reducing balance |
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Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
3
(2016:
3
).
5.
Profit before taxation
Profit before taxation is stated after charging:
2017 |
2016 |
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£ |
£ |
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Depreciation of tangible assets |
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---- |
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6.
Tangible assets
£ |
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Cost |
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At 1 February 2016 |
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Additions |
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------- |
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At 31 January 2017 |
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------- |
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Depreciation |
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At 1 February 2016 |
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Charge for the year |
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------- |
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At 31 January 2017 |
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------- |
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Carrying amount |
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At 31 January 2017 |
918 |
------- |
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At 31 January 2016 |
512 |
------- |
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7.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2017 |
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Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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(
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(
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2016 |
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Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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(
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(
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8.
Related party transactions
The company was under the control of Mrs Afarin Kashefi and Dr Pooyan Hossein throughout the current year. Mrs Kashefi and Dr Hossein are the managing directors and majority shareholders. Included in the other debtors is a loan of £34,000 (2016 - £18,000) made to the director to be repaid within 9 months from the balance sheet date at an interest rate of 4% plus the base rate of England.
9.
Transition to FRS 102
These are the first abridged financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 February 2015.
No transitional adjustments were required in equity or profit or loss for the year.
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Management Information |
Year ended 31 January 2017
The following pages do not form part of the abridged financial statements.
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Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Abridged Financial Statements of Black Pearl House (BPH) Ltd |
Year ended 31 January 2017
46 Syon Lane
Osterley
Middlesex
TW7 5NQ