Business Growth Limited - Accounts to registrar (filleted) - small 18.1

Business Growth Limited - Accounts to registrar (filleted) - small 18.1


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REGISTERED NUMBER: 01179310 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2017

FOR

BUSINESS GROWTH LIMITED

BUSINESS GROWTH LIMITED (REGISTERED NUMBER: 01179310)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BUSINESS GROWTH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2017







DIRECTORS: Mrs B E Currill
Ms H J Kitchen





SECRETARY: Mrs B E Currill





REGISTERED OFFICE: Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH





REGISTERED NUMBER: 01179310 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH

BUSINESS GROWTH LIMITED (REGISTERED NUMBER: 01179310)

BALANCE SHEET
31 AUGUST 2017

31.8.17 31.8.16
Notes £    £    £    £   
FIXED ASSETS
Investments 4 10,000 10,000

CURRENT ASSETS
Debtors 5 10,000 10,000
Cash at bank 100 60
10,100 10,060
CREDITORS
Amounts falling due within one year 6 7,841 7,481
NET CURRENT ASSETS 2,259 2,579
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,259

12,579

CAPITAL AND RESERVES
Called up share capital 7 10,000 10,000
Retained earnings 2,259 2,579
SHAREHOLDERS' FUNDS 12,259 12,579

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 28 May 2018 and were signed on its behalf by:





Mrs B E Currill - Director


BUSINESS GROWTH LIMITED (REGISTERED NUMBER: 01179310)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2017

1. STATUTORY INFORMATION

Business Growth 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.

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 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 NIL.

4. FIXED ASSET INVESTMENTS


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.17 31.8.16
£    £   
Other debtors 10,000 10,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.17 31.8.16
£    £   
Trade creditors - 480
Other creditors 400 400
Directors' current accounts 7,201 6,601
Accrued expenses 240 -
7,841 7,481

BUSINESS GROWTH LIMITED (REGISTERED NUMBER: 01179310)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2017

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.8.17 31.8.16
value: £    £   
10,000 Ordinary £1 10,000 10,000

8. RELATED PARTY DISCLOSURES

As at 31 August 2017 the company owed £7,201 (2016: £6,601) to its director, Mrs B E Currill.

Heavebury Limited

A company in which Mrs B E Currill has a material interest.

As at 31 August 2017, the company owed Heavebury Limited £400 (2016: £400).

9. ULTIMATE CONTROLLING PARTY

The company is controlled by the Currill family by virtue of their shareholdings.