ACCOUNTS - Final Accounts

B4 MARKETING LIMITED - Company Information

Caseware UK (AP4) 2016.0.208 2016.0.208 2017-12-312017-12-31No description of principal activityfalse2017-01-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetrue 05246810 2017-01-01 2017-12-31 05246810 2016-01-01 2016-12-31 05246810 2017-12-31 05246810 2016-12-31 05246810 c:Director2 2017-01-01 2017-12-31 05246810 d:Buildings d:ShortLeaseholdAssets 2017-01-01 2017-12-31 05246810 d:Buildings d:ShortLeaseholdAssets 2017-12-31 05246810 d:Buildings d:ShortLeaseholdAssets 2016-12-31 05246810 d:LandBuildings 2017-12-31 05246810 d:LandBuildings 2016-12-31 05246810 d:FurnitureFittings 2017-01-01 2017-12-31 05246810 d:FurnitureFittings 2017-12-31 05246810 d:FurnitureFittings 2016-12-31 05246810 d:FurnitureFittings d:OwnedOrFreeholdAssets 2017-01-01 2017-12-31 05246810 d:ComputerEquipment 2017-01-01 2017-12-31 05246810 d:ComputerEquipment 2017-12-31 05246810 d:ComputerEquipment 2016-12-31 05246810 d:OwnedOrFreeholdAssets 2017-01-01 2017-12-31 05246810 d:CurrentFinancialInstruments 2017-12-31 05246810 d:CurrentFinancialInstruments 2016-12-31 05246810 d:CurrentFinancialInstruments d:WithinOneYear 2017-12-31 05246810 d:CurrentFinancialInstruments d:WithinOneYear 2016-12-31 05246810 d:ShareCapital 2017-12-31 05246810 d:ShareCapital 2016-12-31 05246810 d:RetainedEarningsAccumulatedLosses 2017-12-31 05246810 d:RetainedEarningsAccumulatedLosses 2016-12-31 05246810 c:OrdinaryShareClass1 2017-01-01 2017-12-31 05246810 c:OrdinaryShareClass1 2017-12-31 05246810 c:FRS102 2017-01-01 2017-12-31 05246810 c:AuditExempt-NoAccountantsReport 2017-01-01 2017-12-31 05246810 c:FullAccounts 2017-01-01 2017-12-31 05246810 c:PrivateLimitedCompanyLtd 2017-01-01 2017-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05246810

B4 MARKETING LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2017

B4 MARKETING LIMITED

REGISTERED NUMBER:05246810

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2017

		2017		2016
Note		£		£

FIXED ASSETS
Tangible assets	4		28,164		39,714
			28,164		39,714
CURRENT ASSETS
Debtors: amounts falling due within one year	5	6,040,881		4,889,462
Cash at bank and in hand		1,850		3,539
		6,042,731		4,893,001
Creditors: amounts falling due within one year	6	(10,012,003)		(10,123,521)
NET CURRENT LIABILITIES			(3,969,272)		(5,230,520)
TOTAL ASSETS LESS CURRENT LIABILITIES			(3,941,108)		(5,190,806)

NET LIABILITIES			(3,941,108)		(5,190,806)

CAPITAL AND RESERVES
Called up share capital	7	1	1
Profit and loss account		(3,941,109)	(5,190,807)
		(3,941,108)	(5,190,806)

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B4 MARKETING LIMITED

REGISTERED NUMBER:05246810

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2017

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

J Palmer

Director

Date: 28 September 2018

The notes on pages 3 to 5 form part of these financial statements.

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B4 MARKETING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

1.	GENERAL INFORMATION

B4 Marketing Limited is a private limited company, limited by shares, incorporated and registered in England within the United Kingdom. The registered office is 7 Farleigh Court, Old Weston Road, Flax Bourton, Bristol, BS48 1UR and the registered number is 05246810.

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
The following principal accounting policies have been applied:

2.2

GOING CONCERN

At the balance sheet date the company had net liabilites of £3,941,108. The director has considered the ability to continue as a going concern and believe this to be an appropriate basis on which to prepare accounts as the director intends to continue to support the company for the foreseeable future.

2.3

REVENUE

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.4

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method and on a reducing balance basis..

Depreciation is provided on the following basis:

Leasehold property	-	7%	15 years over the term of the lease
Fixtures and fittings	-	15%	reducing balance
Computer equipment	-	33%	straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

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B4 MARKETING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

2.ACCOUNTING POLICIES (continued)

2.5

DEBTORS

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.6

CREDITORS

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.7

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

EMPLOYEES

The average monthly number of employees, including directors, during the year was 2 (2016: 2).

4.	TANGIBLE FIXED ASSETS

	Short-term leasehold property	Fixtures and fittings	Computer equipment	Total
	£	£	£	£
COST OR VALUATION
At 1 January 2017	143,795	77,928	46,916	268,639
At 31 December 2017	143,795	77,928	46,916	268,639
DEPRECIATION
At 1 January 2017	117,162	64,848	46,916	228,926
Charge for the year on owned assets	9,587	1,962	-	11,549
At 31 December 2017	126,749	66,810	46,916	240,475
NET BOOK VALUE
At 31 December 2017	17,046	11,118	-	28,164
At 31 December 2016	26,633	13,081	-	39,714

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B4 MARKETING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

4.TANGIBLE FIXED ASSETS (CONTINUED)

The net book value of land and buildings may be further analysed as follows:
	2017	2016
	£	£

Short-term leasehold property	17,046	26,633
	17,046	26,633

DEBTORS

					2017	2016
					£	£


Amounts owed by group undertakings	2,573,204	1,723,449
Amounts owed by joint ventures and associated undertakings	3,467,677	3,153,054
Prepayments and accrued income	-	12,959
	6,040,881	4,889,462

6.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2017	2016
		£	£

Trade creditors	15	8
Amounts owed to group undertakings	145,599	259,335
Other creditors	211	-
Accruals and deferred income	9,866,178	9,864,178
	10,012,003	10,123,521

7.	SHARE CAPITAL
		2017	2016
		£	£

ALLOTTED, CALLED UP AND FULLY PAID

1 (2016: 1) Ordinary share of £1.00	1	1

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