Call Centre Associates Ltd - Accounts to registrar (filleted) - small 17.3
Call Centre Associates Ltd - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2017 |
| for |
| CALL CENTRE ASSOCIATES LTD |
| CALL CENTRE ASSOCIATES LTD (REGISTERED NUMBER: 03781234) |
| Contents of the Financial Statements |
| FOR THE YEAR ENDED 31 MARCH 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| CALL CENTRE ASSOCIATES LTD |
| Company Information |
| FOR THE YEAR ENDED 31 MARCH 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Bath House |
| 6-8 Bath Street |
| Bristol |
| BS1 6HL |
| CALL CENTRE ASSOCIATES LTD (REGISTERED NUMBER: 03781234) |
| Balance Sheet |
| 31 MARCH 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS/(LIABILITIES) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| 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. |
| CALL CENTRE ASSOCIATES LTD (REGISTERED NUMBER: 03781234) |
| Balance Sheet - continued |
| 31 MARCH 2017 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved and authorised for issue by the Board of Directors on were signed on its behalf by: |
| CALL CENTRE ASSOCIATES LTD (REGISTERED NUMBER: 03781234) |
| Notes to the Financial Statements |
| FOR THE YEAR ENDED 31 MARCH 2017 |
| 1. | STATUTORY INFORMATION |
| Call Centre Associates Ltd 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 |
| These financial statements for the year ended 31 March 2017 are the first financial statements that comply |
| with FRS102 Section 1A "Small Entities". The date of transition is 1 April 2015. The transition to FRS102 |
| Section 1A "Small Entities" has resulted in a small number of changes in accounting policies used previously |
| but results in no change to the previously reported figures. |
| The financial statements are prepared in sterling, which is the functional currency of the company. Monetary |
| amounts in these financial statements are rounded to the nearest £. |
| Going concern |
| The directors have, at the time of approving the financial statements, a reasonable expectation that the |
| company has adequate resources to continue in operational existence for the foreseeable future. |
| Turnover |
| Turnover represents commissions earned in respect of personnel placements. Income is recognised at the point |
| at which the candidate commences formal employment. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset less residual value over |
| its estimated useful life. |
| Office equipment - 25% on reducing balance |
| Fixtures and fittings - 25% on reducing balance |
| 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. |
| CALL CENTRE ASSOCIATES LTD (REGISTERED NUMBER: 03781234) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 MARCH 2017 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| 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 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Website | Office | and |
| development | equipment | fittings | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 April 2016 |
| Additions |
| At 31 March 2017 |
| DEPRECIATION |
| At 1 April 2016 |
| Charge for year |
| At 31 March 2017 |
| NET BOOK VALUE |
| At 31 March 2017 |
| At 31 March 2016 |
| CALL CENTRE ASSOCIATES LTD (REGISTERED NUMBER: 03781234) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 MARCH 2017 |
| 5. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST |
| Additions |
| At 31 March 2017 |
| NET BOOK VALUE |
| At 31 March 2017 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| Prepayments |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade creditors |
| Social security and other taxes |
| VAT | 56,756 | 72,411 |
| Other creditors |
| Accrued expenses |
| Included in other creditors is an amount of £617 (2016 - £nil) due to be paid to the pension scheme |
| administrators. |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Amounts owed to group undertakings |
| CALL CENTRE ASSOCIATES LTD (REGISTERED NUMBER: 03781234) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 MARCH 2017 |
| 9. | RELATED PARTY DISCLOSURES |
| During the year the company was recharged expenses totalling £15,231 (2016 - £15,302) from Glenbrook |
| Management Ltd, a company in which Mr A G Mistry is the majority shareholder. At the year end the |
| company owed Glenbrook Management Ltd £1,659 (2016 - £5,911). |
| At the year end £100,000 (2016 - £80,000) was owed to RAM Capital Investments Limited, a company in |
| which Mr A Mistry and Mr D Rumble hold an interest, by way of a long term loan. No interest has been |
| charged on this loan (2016 - £nil). Ram Capital Investments Limited owed the company £109,100 arising from |
| cash advances made by Call Centre Associates Limited (2016 - £66,000). |
| 10. | FIRST YEAR ADOPTION |
| First year adoption of FRS102 has resulted in no material changes to the previously reported figures. |