Robinsons Business Finance Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 03760843 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

ROBINSONS BUSINESS FINANCE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M J Pollard

SECRETARY:

L J Pollard

REGISTERED OFFICE:

28 Curlew Crescent

Bedford

MK41 7HX

REGISTERED NUMBER:

03760843 (England and Wales)

ACCOUNTANTS:

Garner Associates LLP

Northwood House

138 Bromham Road

Bedford

Bedfordshire

MK40 2QW

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

18,005

18,005

18,005

18,005

CURRENT ASSETS

Debtors

6

17,835

16,119

Cash at bank

157,267

113,269

175,102

129,388

CREDITORS

Amounts falling due within one year

7

34,611

33,910

NET CURRENT ASSETS

140,491

95,478

TOTAL ASSETS LESS CURRENT LIABILITIES

158,496

113,483

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings

158,490

113,477

SHAREHOLDERS' FUNDS

158,496

113,483

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 director acknowledges his 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 director on 7 December 2017 and were signed by:

M J Pollard - Director

1.	STATUTORY INFORMATION

Robinsons Business Finance 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.

The Accounts have been prepared on a going concern basis. The net liquid liabilities significantly relate to a

balance in favour of the Director. The Director has advised that necessary funds will be made available to meet

the company's liabilities as they fall due.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

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 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

Plant and

machinery

etc

£

COST

At 1 April 2016

and 31 March 2017

630

DEPRECIATION

At 1 April 2016

and 31 March 2017

630

NET BOOK VALUE

At 31 March 2017

-

5.	FIXED ASSET INVESTMENTS

The amount represents a Loan to E1 Finance Direct Limited. Terms for repayment or interest have not been

stated. The loan is expected to be a long term investment.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

17,835

16,119

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Taxation and social security

32,278

31,730

Other creditors

2,333

2,180

34,611

33,910