Blisspoint Edge Solutions Technology Lim - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 08511886 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2017

FOR

BLISSPOINT EDGE SOLUTIONS TECHNOLOGY

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S S Marwaha

REGISTERED OFFICE:

46 Hamilton Square

Birkenhead

Merseyside

CH41 5AR

REGISTERED NUMBER:

08511886 (England and Wales)

ACCOUNTANTS:

McLintocks Limited

46 Hamilton Square

Birkenhead

Merseyside

CH41 5AR

FIXED ASSETS

Tangible assets

4

1,129

2,033

CURRENT ASSETS

Cash at bank

193,209

229,017

CREDITORS

Amounts falling due within one year

5

14,956

29,031

NET CURRENT ASSETS

178,253

199,986

TOTAL ASSETS LESS CURRENT LIABILITIES

179,382

202,019

PROVISIONS FOR LIABILITIES

215

407

NET ASSETS

179,167

201,612

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

179,067

201,512

SHAREHOLDERS' FUNDS

179,167

201,612

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 27 February 2018 and were signed by:

S S Marwaha - Director

1.	STATUTORY INFORMATION

Blisspoint Edge Solutions Technology 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A

These financial statements for the year ended 31 May 2017 are the first that are prepared in

accordance with FRS 102 Section 1A. The previous financial statements were prepared in

accordance with UK GAAP, the date of transition to FRS 102 Section 1A is 1 June 2015.

The transition to FRS 102 Section 1A small entities has resulted in no changes in accounting

policies and has therefore had no impact on opening equity and profit for the comparative

period.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and

represents amounts receivable for services rendered.

Turnover from the rendering of services is recognised by reference to the stage of

completion of the contract. The stage of completion of the contract is determined on the

basis of the actual completion of a proportion of the total services to be rendered. Turnover

is only recognised to the extent of recoverable expenses when the outcome of the contract

cannot be estimated reliably.

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 cost

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 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2016

and 31 May 2017

3,614

DEPRECIATION

At 1 June 2016

1,581

Charge for year

904

At 31 May 2017

2,485

NET BOOK VALUE

At 31 May 2017

1,129

At 31 May 2016

2,033

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

11,941

26,117

Other creditors

3,015

2,914

14,956

29,031