Personalised Business Marketing (UK) - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07821820 (England and Wales)

Financial Statements

for the Year Ended 31 October 2017

for

PERSONALISED BUSINESS MARKETING (UK)

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D G Burgin

L Mellford

REGISTERED OFFICE:

1 Brook Court

Blakeney Road

Beckenham

Kent

BR3 1HG

REGISTERED NUMBER:

07821820 (England and Wales)

ACCOUNTANTS:

Maths Partnership

1 Brook Court

Blakeney Road

Beckenham

Kent

BR3 1HG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

9,671

12,088

9,671

12,088

CURRENT ASSETS

Stocks

6

884

815

Debtors

7

21,271

50,102

Cash in hand

250

250

22,405

51,167

CREDITORS

Amounts falling due within one year

8

43,490

67,490

NET CURRENT LIABILITIES

(21,085

)

(16,323

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,414

)

(4,235

)

PROVISIONS FOR LIABILITIES

9

1,837

2,418

NET LIABILITIES

(13,251

)

(6,653

)

CAPITAL AND RESERVES

Called up share capital

10

300

300

Retained earnings

(13,551

)

(6,953

)

SHAREHOLDERS' FUNDS

(13,251

)

(6,653

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 21 August 2018 and were signed on its behalf by:

D G Burgin - Director

1.	STATUTORY INFORMATION

Personalised Business Marketing (Uk) 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.

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.

No material adjustments were needed in the first of adoption to comply with new standards.

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 2011, 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.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2016

and 31 October 2017

41,817

AMORTISATION

At 1 November 2016

and 31 October 2017

41,817

NET BOOK VALUE

At 31 October 2017

-

At 31 October 2016

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 November 2016

and 31 October 2017

2,069

15,554

17,623

DEPRECIATION

At 1 November 2016

1,391

4,144

5,535

Charge for year

135

2,282

2,417

At 31 October 2017

1,526

6,426

7,952

NET BOOK VALUE

At 31 October 2017

543

9,128

9,671

At 31 October 2016

678

11,410

12,088

6.

STOCKS

31.10.17

31.10.16

£

£

Stocks

884

815

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Trade debtors

21,153

49,830

Other debtors

118

272

21,271

50,102

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Bank loans and overdrafts

14,419

14,603

Trade creditors

20,977

44,849

Taxation and social security

6,488

5,859

Other creditors

1,606

2,179

43,490

67,490

9.	PROVISIONS FOR LIABILITIES

31.10.17

31.10.16

£

£

Deferred tax

1,837

2,418

Deferred

tax

£

Balance at 1 November 2016

2,418

Accelerated capital allowances

(581

)

Balance at 31 October 2017

1,837

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.17

31.10.16

value:

£

£

100

Ordinary 'A'

1

100

100

100

Ordinary 'B'

1

100

100

100

Ordinary 'C'

1

100

100

300

300

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £20,250 (2016 - £6,100) were paid to the directors .