Paul Birtles & Company Limited - Accounts to registrar (filleted) - small 18.2

Paul Birtles & Company Limited - Accounts to registrar (filleted) - small 18.2

PAUL BIRTLES & COMPANY LIMITED - Company Information

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REGISTERED NUMBER: 02995362 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2017

for

PAUL BIRTLES & COMPANY LIMITED
BTMR Limited
Century Buildings
14 St Mary's Parsonage
Manchester
M3 2DF








PAUL BIRTLES & COMPANY LIMITED (REGISTERED NUMBER: 02995362)

Contents of the Financial Statements
for the Year Ended 31 December 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PAUL BIRTLES & COMPANY LIMITED

Company Information
for the Year Ended 31 December 2017







DIRECTORS: P A Birtles
C J Balden



SECRETARY: Mrs A Birtles



REGISTERED OFFICE: Century Buildings
14 St. Mary's Parsonage
Manchester
M3 2DF



REGISTERED NUMBER: 02995362 (England and Wales)



ACCOUNTANTS: BTMR Limited
Century Buildings
14 St Mary's Parsonage
Manchester
M3 2DF



BANKERS: National Westminster Bank PLC
23 Stamford New Road
Altrincham
Cheshire
WA14 1DB
1
PAUL BIRTLES & COMPANY LIMITED (REGISTERED NUMBER: 02995362)

Balance Sheet
31 December 2017

31.12.17 31.12.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,081 9,293

CURRENT ASSETS
Debtors 5 3,045 1,457
Cash at bank 98,192 90,397
101,237 91,854
CREDITORS
Amounts falling due within one year 6 83,699 66,289
NET CURRENT ASSETS 17,538 25,565
TOTAL ASSETS LESS CURRENT
LIABILITIES
26,619
34,858

PROVISIONS FOR LIABILITIES 1,541 1,597
NET ASSETS 25,078 33,261

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 24,978 33,161
SHAREHOLDERS' FUNDS 25,078 33,261

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 27 September 2018 and were signed on its behalf
by:





P A Birtles - Director


The notes form part of these financial statements

2
PAUL BIRTLES & COMPANY LIMITED (REGISTERED NUMBER: 02995362)

Notes to the Financial Statements
for the Year Ended 31 December 2017


1. STATUTORY INFORMATION

Paul Birtles & Company 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.

Turnover
Turnover is accounted for as revenue when, and to the extent that, the company obtains a right to consideration
in exchange for its performance of its obligations under the sales contract with the customer. The amount
reported as revenue is the fair value of the right to consideration - usually the price specified in the contractual
arrangement net of discounts and net of VAT, and after any allowance for credit risk and other uncertainties.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance

Tangible fixed assets are initially recorded at cost.

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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual
arrangement, as either financial assets, financial liabilties, or equity instruments. An equity instrument is any
contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2016 - 6 ) .

3 continued...
PAUL BIRTLES & COMPANY LIMITED (REGISTERED NUMBER: 02995362)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2017


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 January 2017 11,377 46,689 58,066
Additions - 1,391 1,391
At 31 December 2017 11,377 48,080 59,457
DEPRECIATION
At 1 January 2017 9,099 39,674 48,773
Charge for year 342 1,261 1,603
At 31 December 2017 9,441 40,935 50,376
NET BOOK VALUE
At 31 December 2017 1,936 7,145 9,081
At 31 December 2016 2,278 7,015 9,293

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 31.12.16
£    £   
Trade debtors 2,875 -
Other debtors 170 1,457
3,045 1,457

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 31.12.16
£    £   
Trade creditors 4,335 2,587
Taxation and social security 18,800 13,980
Other creditors 60,564 49,722
83,699 66,289

7. ULTIMATE CONTROLLING PARTY

The controlling party is P A Birtles.

The ultimate controlling party is P A Birtles.

4