Change Board Holdings Limited - Accounts to registrar (filleted) - small 18.2
Change Board Holdings Limited - Accounts to registrar (filleted) - small 18.2
| CHANGE BOARD HOLDINGS LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED |
| 30 APRIL 2018 |
| CHANGE BOARD HOLDINGS LIMITED (REGISTERED NUMBER: 05116525) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| CHANGE BOARD HOLDINGS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 APRIL 2018 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 201 Haverstock Hill |
| London |
| NW3 4QG |
| CHANGE BOARD HOLDINGS LIMITED (REGISTERED NUMBER: 05116525) |
| BALANCE SHEET |
| 30 APRIL 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| CHANGE BOARD HOLDINGS LIMITED (REGISTERED NUMBER: 05116525) |
| BALANCE SHEET - continued |
| 30 APRIL 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director on |
| CHANGE BOARD HOLDINGS LIMITED (REGISTERED NUMBER: 05116525) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2018 |
| 1. | STATUTORY INFORMATION |
| Change Board Holdings Limited is a |
| 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 |
| The accounts are prepared in accordance with applicable United Kingdom Accounting Standards (United |
| Kingdom Generally Accepted Accounting Practice), which have been consistently applied (except as otherwise |
| stated). |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax, is considered to consist of one |
| class of business, internet recruitment services. |
| Revenue from the provision of internet recruitment services is recognised as vacancies are published on the |
| website. Where revenue exceeds amounts invoiced, the excess is classified as accrued income and included in |
| prepayments and accrued income within debtors. Where amounts invoiced exceed revenue, the excess is |
| classified as deferred income and included in accruals and deferred income within creditors. |
| Revenue on long-term contracts is deemed as that proportion of the total expected income to which the cost of |
| sales incurred to date bears to the total expected cost of sales if the final outcome can be assessed with |
| reasonable certainty. Full provision is made for losses on all contracts in the year in which they are foreseen. |
| Tangible fixed assets |
| Short leasehold | - |
| Website and technology | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Tangible fixed assets are assessed annually for any indications of impairment between the carrying and net |
| realisable values on the basis that the assets are to be sold in the normal course of business. |
| 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 accounts receivable and payable and loans to related parties. |
| Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are |
| measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to |
| be paid or received. |
| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for |
| objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised |
| though profit or loss. |
| For financial assets measured at cost less impairment, the impairment loss is measured as the difference between |
| an asset's carrying amount and the best estimate of the recoverable amount, which is an approximation of the |
| amount that the Company would receive for the asset if it were to be sold at the reporting date. |
| CHANGE BOARD HOLDINGS LIMITED (REGISTERED NUMBER: 05116525) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2018 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| Taxation |
| 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. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
| balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at |
| the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| Pension costs |
| The company operates a defined contribution pension scheme. Contributions to the scheme are charged to the |
| profit and loss account as they become payable in accordance with the rules of the scheme. |
| There were no outstanding amounts at the year end. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Website | Fixtures |
| Short | and | and | Computer |
| leasehold | technology | fittings | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 May 2017 |
| Additions |
| At 30 April 2018 |
| DEPRECIATION |
| At 1 May 2017 |
| Charge for year |
| At 30 April 2018 |
| NET BOOK VALUE |
| At 30 April 2018 |
| At 30 April 2017 |
| CHANGE BOARD HOLDINGS LIMITED (REGISTERED NUMBER: 05116525) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Other loans |
| Trade creditors |
| Credit card control account |
| Tax |
| Social security and other taxes |
| VAT | 15,806 | 75,895 |
| Pension creditors | 1,200 | 491 |
| Directors' loan accounts | 5,846 | 1,874 |
| Deferred income |
| Accrued expenses |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Other loans - 2-5 years |
| Other creditors |