Company Registration No. 09443892 (England and Wales)
Bidding Limited
Unaudited accounts
for the year ended 28 February 2018
Bidding Limited
Unaudited accounts
Contents
Bidding Limited
Company Information
for the year ended 28 February 2018
Directors
Mr T E Sheppard
Mr D A Haslewood
Mr B J Fatchett
Company Number
09443892 (England and Wales)
Registered Office
66 WAKEFIELD ROAD
OSSETT
WEST YORKSHIRE
WF5 9JS
ENGLAND
Accountants
Simpson Accounting Services
38 Kellington Lane
Eggborough
North Yorkshire
DN14 0LB
Bidding Limited
Statement of financial position
as at 28 February 2018
Tangible assets
8,738
3,594
Cash at bank and in hand
113,993
35,258
Creditors: amounts falling due within one year
(138,375)
(92,535)
Net current assets
113,312
52,058
Profit and loss account
122,050
55,652
Shareholders' funds
122,050
55,652
For the year ending 28 February 2018 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 6 June 2018.
Mr T E Sheppard
Director
Company Registration No. 09443892
Bidding Limited
Notes to the Accounts
for the year ended 28 February 2018
Bidding Limited is a private company, limited by shares, registered in England and Wales, registration number 09443892. The registered office is 66 WAKEFIELD ROAD, OSSETT, WEST YORKSHIRE, WF5 9JS, ENGLAND.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation is not provided for in the first year and has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2017
3,594
-
3,594
Additions
4,475
1,388
5,863
At 28 February 2018
8,069
1,388
9,457
Charge for the year
719
-
719
At 28 February 2018
719
-
719
At 28 February 2018
7,350
1,388
8,738
At 28 February 2017
3,594
-
3,594
Bidding Limited
Notes to the Accounts
for the year ended 28 February 2018
Trade debtors
125,860
107,956
Accrued income and prepayments
10,455
-
6
Creditors: amounts falling due within one year
2018
2017
Trade creditors
35,000
37,235
Taxes and social security
50,614
33,226
Loans from directors
-
7,500
7
Average number of employees
During the year the average number of employees was 9 (2017: 5).
