Company Registration No. SC294400 (Scotland)
Bell Business Solutions Limited
Unaudited accounts
for the year ended 31 December 2017
Bell Business Solutions Limited
Unaudited accounts
Contents
Bell Business Solutions Limited
Company Information
for the year ended 31 December 2017
Directors
G Bell
Mrs M Bell
Company Number
SC294400 (Scotland)
Registered Office
1 Victoria Lane
Newton Mearns
Glasgow
G77 5TP
Accountants
Aird Sakol Ltd
8 Benview Road
Clarkston Toll
Glasgow
G76 7PP
Bell Business Solutions Limited
Statement of financial position
as at 31 December 2017
Tangible assets
2,841
2,368
Cash at bank and in hand
59,460
58,128
Creditors: amounts falling due within one year
(34,596)
(59,151)
Net current assets
37,314
31,737
Called up share capital
5
5
Profit and loss account
40,150
34,100
Shareholders' funds
40,155
34,105
For the year ending 31 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 10 September 2018.
G Bell
Director
Company Registration No. SC294400
Bell Business Solutions Limited
Notes to the Accounts
for the year ended 31 December 2017
Bell Business Solutions Limited is a private company, limited by shares, registered in Scotland, registration number SC294400. The registered office is 1 Victoria Lane, Newton Mearns, Glasgow, G77 5TP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2017
4,427
1,072
5,499
At 31 December 2017
5,400
1,072
6,472
At 1 January 2017
2,497
634
3,131
Charge for the year
436
64
500
At 31 December 2017
2,933
698
3,631
At 31 December 2017
2,467
374
2,841
At 31 December 2016
1,930
438
2,368
Trade debtors
12,450
32,760
Bell Business Solutions Limited
Notes to the Accounts
for the year ended 31 December 2017
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
20,842
43,655
Loans from directors
11,564
13,652
Allotted, called up and fully paid:
5 Ordinary shares of £1 each
5
5
8
Average number of employees
During the year the average number of employees was 2 (2016: 2).