Brian Nuttgens Accountants Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 04392121

Financial Statements For The Year Ended 31 March 2017

for

BRIAN NUTTGENS ACCOUNTANTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

B Nuttgens

P R Nuttgens

SECRETARY:

P R Nuttgens

REGISTERED OFFICE:

1007 London Road

Leigh On Sea

Essex

SS9 3JY

REGISTERED NUMBER:

04392121

ACCOUNTANTS:

Brian Nuttgens Accountants Ltd

1007 London Road

Leigh On Sea

Essex

SS9 3JY

FIXED ASSETS

Tangible assets

4

4,362

5,816

CURRENT ASSETS

Stocks

38,750

36,246

Debtors

5

131,521

104,169

Cash in hand

242

205

170,513

140,620

CREDITORS

Amounts falling due within one year

6

163,887

136,991

NET CURRENT ASSETS

6,626

3,629

TOTAL ASSETS LESS CURRENT LIABILITIES

10,988

9,445

CREDITORS

Amounts falling due after more than one year

7

6,875

8,823

NET ASSETS

4,113

622

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,013

522

SHAREHOLDERS' FUNDS

4,113

622

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 27 December 2017 and were signed on its behalf by:

P R Nuttgens - Director

1.	STATUTORY INFORMATION

Brian Nuttgens Accountants Ltd is a private company, limited by shares , registered in Not specified/Other. 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 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.

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2016

and 31 March 2017

4,557

29,483

34,040

DEPRECIATION

At 1 April 2016

3,873

24,351

28,224

Charge for year

171

1,283

1,454

At 31 March 2017

4,044

25,634

29,678

NET BOOK VALUE

At 31 March 2017

513

3,849

4,362

At 31 March 2016

684

5,132

5,816

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/17

31/3/16

£

£

Trade debtors

119,749

81,335

Other debtors

11,772

22,834

131,521

104,169

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/17

31/3/16

£

£

Bank loans and overdrafts

56,206

43,886

Trade creditors

25,765

23,869

Taxation and social security

42,878

53,440

Other creditors

39,038

15,796

163,887

136,991

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/17

31/3/16

£

£

Bank loans

6,875

8,823

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Brian Nuttgens Accountants Ltd

1007 London Road

Leigh On Sea

Essex

SS9 3JY

Date: .............................................