Company Registration No. 6981272 (England and Wales)
BBFAB LIMITED
Unaudited Financial Statements
for the year ended 31 March 2017
BBFAB LIMITED
Unaudited Financial Statements
Contents
BBFAB LIMITED
Company Information
for the year ended 31 March 2017
Company Number
6981272 (England and Wales)
Registered Office
40 Bloomsbury way
Lower Ground Floor
London
WC1A 2SE
England
Accountants
Finovium Limited
15 Gallery Court
Gunter Grove
London
SW10 0UJ
BBFAB LIMITED
Statement of financial position
as at 31 March 2017
Creditors: amounts falling due within one year
(13,003)
(12,163)
Net current liabilities
(13,003)
(12,163)
Net liabilities
(13,003)
(12,163)
Called up share capital
200
200
Profit and loss account
(13,203)
(12,363)
Shareholders' funds
(13,003)
(12,163)
For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 22 December 2017.
Fiona Sarno
Director
Company Registration No. 6981272
BBFAB LIMITED
Notes to the Accounts
for the year ended 31 March 2017
BBFAB LIMITED is a private company, limited by shares, registered in England and Wales, registration number 6981272. The registered office is 40 Bloomsbury way, Lower Ground Floor, London, WC1A 2SE, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
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Creditors: amounts falling due within one year
2017
2016
Loans from directors
13,003
11,963
BBFAB LIMITED
Notes to the Accounts
for the year ended 31 March 2017
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
200
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Average number of employees
During the year the average number of employees was 0 (2016: 0).
