| Business Launch Team Limited |
| Registered number: |
05900710 |
| Balance Sheet |
| as at 30 June 2017 |
|
| Notes |
|
|
2017 |
|
|
2016 |
| £ |
£ |
| Current assets |
| Debtors |
2 |
|
1,581 |
|
|
1,581 |
| Cash at bank and in hand |
|
|
44,055 |
|
|
44,135 |
|
|
|
45,636 |
|
|
45,716 |
|
| Creditors: amounts falling due within one year |
3 |
|
(6,056) |
|
|
(6,056) |
|
| Net current assets |
|
|
|
39,580 |
|
|
39,660 |
|
| Net assets |
|
|
|
39,580 |
|
|
39,660 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
39,579 |
|
|
39,659 |
|
| Shareholders' funds |
|
|
|
39,580 |
|
|
39,660 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Philip Burton |
| Director |
| Approved by the board on 29 March 2018 |
|
| Business Launch Team Limited |
| Notes to the Accounts |
| for the year ended 30 June 2017 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of services provided to clients in the normal course of business. |
|
|
| 2 |
Debtors |
2017 |
|
2016 |
| £ |
£ |
|
|
Other debtors |
1,581 |
|
1,581 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Director's loan account |
5,374 |
|
5,374 |
|
Accruals and deferred income |
682 |
|
682 |
|
|
|
|
|
|
6,056 |
|
6,056 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Related party transactions |
|
|
At 30th June 2017 the company owed its director, Philip Burton, £5,374. The advance, which was unsecured, interest-free and without fixed repayment date, was the maximum balance outstanding during the year. |
|
|
| 5 |
Other information |
|
|
Business Launch Team Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
40 Stockwell Street |
|
London |
|
SE10 8EY |
