Southside Business District Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07508452 (England and Wales)

Financial Statements

for the Year Ended 31 March 2018

for

Southside Business District Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L S Barton

W Du

P T Garry

C R Gillett

G J Findlay

T H Lawes

J Salmon

H R Simpson

J Wong

Mrs P Holbrook

V Garrington

Councillor V Quinn

L S Dhillon

P H Evans

I Green

Mrs J L Kinsella

SECRETARY:

Mrs J Markou

REGISTERED OFFICE:

Bank House

36-38 Bristol Street

Birmingham

West Midlands

B5 7AA

REGISTERED NUMBER:

07508452 (England and Wales)

AUDITORS:

Harben Barker Limited

112 High Street

Coleshill

Birmingham

Warwickshire

B46 3BL

FIXED ASSETS

Tangible assets

4

1,798

2,115

CURRENT ASSETS

Debtors

5

26,561

36,740

Cash at bank

434,540

369,877

461,101

406,617

CREDITORS

Amounts falling due within one year

6

30,108

54,433

NET CURRENT ASSETS

430,993

352,184

TOTAL ASSETS LESS CURRENT LIABILITIES

432,791

354,299

RESERVES

Income and expenditure account

432,791

354,299

432,791

354,299

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 4 December 2018 and were signed on its behalf by:

W Du - Director

P T Garry - Director

1.	STATUTORY INFORMATION

Southside Business District Ltd is a private company, limited by guarantee , 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

and 31 March 2018

6,852

DEPRECIATION

At 1 April 2017

4,737

Charge for year

317

At 31 March 2018

5,054

NET BOOK VALUE

At 31 March 2018

1,798

At 31 March 2017

2,115

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

18,066

20,758

VAT

8,495

15,982

26,561

36,740

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

9,866

39,968

Tax

36

20

Social security and other taxes

15,630

3,245

Other creditors

(45

)

-

Deferred Income

-

9,000

Accrued expenses

4,621

2,200

30,108

54,433

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Peter Wilkes (Senior Statutory Auditor)

for and on behalf of Harben Barker Limited

8.	TRANSACTIONS WITH DIRECTORS

During the period, the following transactions took place with third parties, with whom Southside Business

District Limited shares mutual management and directors:

Director Name

Member Company Name

Value in Year

Value in Prior Year

£

£

F Allan

Birmingham Hippodrome Theatre

Trust Limited - Purchases

14,632

19,500

L Barton

The Loft Lounge & Birmingham Pride

5,000

Rental of Office

8,250

1,250