Baker Burley Limited - Period Ending 2017-06-30

Registration number: 03856811

Baker Burley Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2017

Houndiscombe Consultants Limited
T/A Condy Mathias Chartered Accountants
6 Houndiscombe Road
Plymouth
Devon
PL4 6HH

Baker Burley Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Financial Statements	4 to 5

Baker Burley Limited

Company Information

Director

Mr R Baker

Company secretary

J Baker

Registered office

4 Tor Close Hartley Plymouth PL3 5TH

Solicitors

Houndiscombe Consultants Limited T/A Condy Mathias Chartered Accountants 6 Houndiscombe Road Plymouth Devon PL4 6HH

Accountants

Houndiscombe Consultants Limited T/A Condy Mathias Chartered Accountants 6 Houndiscombe Road Plymouth Devon PL4 6HH

Page 1

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Baker Burley Limited
for the Year Ended 30 June 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Baker Burley Limited for the year ended 30 June 2017 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Baker Burley Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Baker Burley Limited and state those matters that we have agreed to state to the Board of Directors of Baker Burley Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Baker Burley Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Baker Burley Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Baker Burley Limited. You consider that Baker Burley Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Baker Burley Limited. 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 statutory accounts.

......................................

Houndiscombe Consultants Limited
T/A Condy Mathias Chartered Accountants
6 Houndiscombe Road
Plymouth
Devon
PL4 6HH

20 March 2018

Page 2

Baker Burley Limited

(Registration number: 03856811)
Balance Sheet as at 30 June 2017

	Note	2017 £	2016 £
Fixed assets
Tangible assets	4	-	330
Current assets
Debtors	5	50,000	-
Cash at bank and in hand		887	951
		50,887	951
Creditors: Amounts falling due within one year	6	(39,221)	(31,401)
Net current assets/(liabilities)		11,666	(30,450)
Net assets/(liabilities)		11,666	(30,120)
Capital and reserves
Called up share capital		100	100
Profit and loss account		11,566	(30,220)
Total equity		11,666	(30,120)

For the financial year ending 30 June 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 20 March 2018
 

.........................................

Mr R Baker

Director

The notes on pages 4 to 5 form an integral part of these financial statements.

Page 3

Baker Burley Limited

Notes to the Financial Statements for the Year Ended 30 June 2017

1	General information

The company is a private company limited by share capital incorporated in England.

The address of its registered office is:
4 Tor Close
Hartley
Plymouth
PL3 5TH
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Computer equipment	33% straight line

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2016 - 1).

Page 4

Baker Burley Limited

Notes to the Financial Statements for the Year Ended 30 June 2017

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 July 2016	989	989
At 30 June 2017	989	989
Depreciation
At 1 July 2016	659	659
Charge for the year	330	330
At 30 June 2017	989	989
Carrying amount
At 30 June 2017	-	-
At 30 June 2016	330	330

5

Debtors

	2017 £	2016 £
Other debtors	50,000	-
	50,000	-

Included in other debtors is £50,000 that had previously been treated as non recoverable. This has been written back this year as the director now believes this is recoverable.

6

Creditors

	Note	2017 £	2016 £
Due within one year
Other creditors		39,221	31,401

7	Transition to FRS 102

This is the company's first year applying the FRS102 framework. No adjustments were required on transition to FRS102.

Page 5