Kingfisher Business Advisors Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07586179 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

KINGFISHER BUSINESS ADVISORS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J M Benfold

SECRETARY:

Mrs J E Benfold

REGISTERED OFFICE:

2 High St

Chobham

Surrey

GU25 8AA

REGISTERED NUMBER:

07586179 (England and Wales)

ACCOUNTANTS:

Kingfisher Business Advisors Ltd

Chartered Accountants

2 High St

Chobham

Woking

Surrey

GU24 8AA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

755

1,273

755

1,273

CURRENT ASSETS

Debtors

6

24,857

35,983

Cash at bank

41,587

38,106

66,444

74,089

CREDITORS

Amounts falling due within one year

7

50,049

35,732

NET CURRENT ASSETS

16,395

38,357

TOTAL ASSETS LESS CURRENT LIABILITIES

17,150

39,630

PROVISIONS FOR LIABILITIES

144

242

NET ASSETS

17,006

39,388

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

16,904

39,286

SHAREHOLDERS' FUNDS

17,006

39,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 20 November 2018 and were signed by:

J M Benfold - Director

1.	STATUTORY INFORMATION

Kingfisher Business Advisors Ltd 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 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 2012, 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 etc

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2017

and 31 March 2018

42,000

AMORTISATION

At 1 April 2017

and 31 March 2018

42,000

NET BOOK VALUE

At 31 March 2018

-

At 31 March 2017

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

3,692

Additions

540

At 31 March 2018

4,232

DEPRECIATION

At 1 April 2017

2,419

Charge for year

1,058

At 31 March 2018

3,477

NET BOOK VALUE

At 31 March 2018

755

At 31 March 2017

1,273

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

24,784

35,910

Other debtors

73

73

24,857

35,983

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade creditors

11,017

4,503

Taxation and social security

20,550

25,337

Other creditors

18,482

5,892

50,049

35,732

8.	RELATED PARTY DISCLOSURES

The controlling party is J M Benfold.