Battle Of Britain International Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 00954197 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2017

FOR

BATTLE OF BRITAIN INTERNATIONAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Green

W G Ramsey

SECRETARY:

Mrs G P Ramsey

REGISTERED OFFICE:

The Mews

Hobbs Cross House

Hobbs Cross

Harlow

Essex

CM17 0NN

REGISTERED NUMBER:

00954197 (England and Wales)

ACCOUNTANTS:

Gane Jackson Scott LLP

Chartered Certified Accountants

Second Floor, Kestrel House

Falconry Court

Bakers Lane

Epping

Essex

CM16 5BD

BANKERS:

Barclays Bank

24 Whitechapel Road

London

E1 1SH

FIXED ASSETS

Intangible assets

4

2,750

5,500

Tangible assets

5

3,310

4,122

6,060

9,622

CURRENT ASSETS

Stocks

130,486

125,312

Debtors

6

39,946

41,112

Cash at bank and in hand

139,514

148,745

309,946

315,169

CREDITORS

Amounts falling due within one year

7

38,458

45,152

NET CURRENT ASSETS

271,488

270,017

TOTAL ASSETS LESS CURRENT LIABILITIES

277,548

279,639

CAPITAL AND RESERVES

Called up share capital

20,000

20,000

Retained earnings

8

257,548

259,639

SHAREHOLDERS' FUNDS

277,548

279,639

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 15 June 2018 and were signed on its behalf by:

W G Ramsey - Director

1.	STATUTORY INFORMATION

Battle Of Britain International 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured

at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2016

and 30 September 2017

25,000

AMORTISATION

At 1 October 2016

19,500

Amortisation for year

2,750

At 30 September 2017

22,250

NET BOOK VALUE

At 30 September 2017

2,750

At 30 September 2016

5,500

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 October 2016

11,201

5,498

16,699

Additions

1,120

-

1,120

At 30 September 2017

12,321

5,498

17,819

DEPRECIATION

At 1 October 2016

8,383

4,194

12,577

Charge for year

1,606

326

1,932

At 30 September 2017

9,989

4,520

14,509

NET BOOK VALUE

At 30 September 2017

2,332

978

3,310

At 30 September 2016

2,818

1,304

4,122

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

34,896

27,573

Other debtors

3,766

3,954

Directors' current accounts

449

-

Tax

-

8,815

Prepayments and accrued income

835

770

39,946

41,112

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

24,399

22,922

Tax

253

-

Social security and other taxes

976

994

Other creditors

11,330

11,872

Directors' current accounts

-

7,864

Accruals and deferred income

1,500

1,500

38,458

45,152

8.

RESERVES

Retained

earnings

£

At 1 October 2016

259,639

Deficit for the year

(2,091

)

At 30 September 2017

257,548

9.	FIRST YEAR ADOPTION

This is the first year in which the financial statements have been prepared under the Financial

Reporting Standard 102. The transition to this new reporting standard has not had any effect on the

amounts disclosed in either the current or proceeding accounting periods.