Bird Brain UK Limited
Bird Brain UK Limited
Registered number: 06660127
Unaudited Financial Statements
For The Year Ended 31 July 2017
APH Accountancy Services Ltd
Chartered Certified Accountants
Office 2 The Reach
687-693 London Road
Westcliff-on-Sea
Essex
SS0 9PD
Bird Brain UK Limited
Unaudited Financial Statements
For The Year Ended 31 July 2017
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Accountant's Report | 1 |
| Balance Sheet | 2—3 |
| Statement of Changes in Equity | 4 |
| Notes to the Financial Statements | 5—7 |
Bird Brain UK Limited
Accountant's Report
For The Year Ended 31 July 2017
Accountant's Report
In accordance with the engagement letter dated 27th May 2014, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company which comprise the Profit and Loss Account the Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www2.accaglobal.com/members/professional_standards/rules_standards/rulebook
This report is made solely to the Company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the Company's Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's Board of Directors, as a body, for our work or for this report.
We have carried out this engagement in accordance with technical guidance issued by the Association of Chartered Certified Accountants as detailed at
This report is made solely to the Company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the Company's Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's Board of Directors, as a body, for our work or for this report.
We have carried out this engagement in accordance with technical guidance issued by the Association of Chartered Certified Accountants as detailed at
http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc
You have acknowledged on the balance sheet as at year ended31 July 2017 your duty to ensure that the company has kept adequate accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements
Signed
You have acknowledged on the balance sheet as at year ended
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements
Signed
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Chartered Certified Accountants
Office 2 The Reach
687-693 London Road
Westcliff-on-Sea
Essex
SS0 9PD
Page 1
Bird Brain UK Limited
Balance Sheet
As at
31 July 2017
Balance Sheet
Registered number:
06660127
For the year ending 31 July 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2017 | 2016 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 4 |
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| CURRENT ASSETS | |||||
| Debtors | 5 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 6 |
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| NET CURRENT ASSETS (LIABILITIES) |
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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 | 7 |
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| Profit and loss account |
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| SHAREHOLDERS' FUNDS | 3,596 | 6,581 | |||
Page 2
Bird Brain UK Limited
Balance Sheet (continued)
As at
31 July 2017
Director's responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his 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. - The Company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit and Loss Account
On behalf of the board
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The notes on pages 5 to 7 form part of these financial statements.
Page 3
Bird Brain UK Limited
Statement of Changes in Equity
For The Year Ended 31 July 2017
Statement of Changes in Equity
| Share Capital | Profit & Loss Account | Total | |
|---|---|---|---|
| £ | £ | £ | |
| As at 1 August 2015 |
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7,897 |
| Profit for the year and total comprehensive income | - |
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5,684 |
| Dividends paid | - | (7,000) | (7,000) |
| As at 31 July 2016 and 1 August 2016 |
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6,581 |
| Profit for the year and total comprehensive income | - |
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2,015 |
| Dividends paid | - | (5,000) | (5,000) |
| As at |
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3,596 |
Page 4
Bird Brain UK Limited
Notes to the Unaudited Accounts
For The Year Ended 31 July 2017
Notes to the Unaudited Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
This is the first year in which the financial statements have been prepared under FRS102. Notes in these accounts explain the transition.
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Plant & Machinery |
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| Computer Equipment |
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1.4.
Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
4.
Tangible Assets
| Plant & Machinery | Computer Equipment | Total | |
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| £ | £ | £ | |
| Cost | |||
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| Additions |
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| Depreciation | |||
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| Provided during the period |
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| As at |
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| Net Book Value | |||
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Page 5
Bird Brain UK Limited
Notes to the Unaudited Accounts (continued)
For The Year Ended 31 July 2017
5.
Debtors
| 2017 | 2016 | ||
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| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Prepayments and accrued income |
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6.
Creditors: Amounts Falling Due Within One Year
| 2017 | 2016 | ||
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| £ | £ | ||
| Trade creditors |
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| Corporation tax |
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| Other creditors |
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| Accruals and deferred income |
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| Director's loan account |
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8.
Transactions With and Loans to Directors
Dividends paid to directors
| 2017 | 2016 | |
|---|---|---|
| £ | £ | |
| Mr David Darrell-Lambert | 5,000 | 7,000 |
Page 6
Bird Brain UK Limited
Notes to the Unaudited Accounts (continued)
For The Year Ended 31 July 2017
9.
Dividends
| 2017 | 2016 | ||
|---|---|---|---|
| £ | £ | ||
| On equity shares: | |||
| Interim dividend paid |
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| 5,000 | 7,000 | ||
10.
Ultimate Controlling Party
The company's ultimate controlling party is David Darrell-Lambert by virtue of his ownership of 100% of the issued share capital in the company.
11.
General Information
Bird Brain UK Limited Registered number 06660127 is a limited by shares company incorporated in England & Wales. The Registered Office is Suite 11908, 20-22 Wenlock Road, London, N1 7GU.
Page 7