David Birt Professional Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03479255 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

DAVID BIRT PROFESSIONAL SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

Mr D R Birt FRICS

Mrs A S Birt

SECRETARY:

Mrs A S Birt

REGISTERED OFFICE:

71 High Street

Cowbridge

Vale of Glamorgan

CF71 7AF

REGISTERED NUMBER:

03479255 (England and Wales)

ACCOUNTANTS:

Hayvenhursts

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 OLT

FIXED ASSETS

Tangible assets

3

126,974

126,745

CURRENT ASSETS

Debtors

4

14,468

1,721

Cash at bank and in hand

9,755

829

24,223

2,550

CREDITORS

Amounts falling due within one year

5

(120,144

)

(128,464

)

NET CURRENT LIABILITIES

(95,921

)

(125,914

)

TOTAL ASSETS LESS CURRENT LIABILITIES

31,053

831

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

30,953

731

SHAREHOLDERS' FUNDS

31,053

831

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 directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 18 December 2018 and were signed on its behalf by:

Mr D R Birt FRICS - Director

1.	STATUTORY INFORMATION

David Birt Professional Services Limited 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.

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.

Deferred tax

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.

Tangible fixed assets

Depreciation is provided, after taking account of grants receivable, at annual rates in order to

write off each asset over its estimated useful life. No depreciation is provided on freehold

land and buildings as, in the opinion of the directors the property is maintained to such a

high standard that any depreciation charge would be immaterial.

3.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2017

126,745

-

126,745

Additions

-

237

237

At 31 March 2018

126,745

237

126,982

DEPRECIATION

Charge for year

-

8

8

At 31 March 2018

-

8

8

NET BOOK VALUE

At 31 March 2018

126,745

229

126,974

At 31 March 2017

126,745

-

126,745

The disposal of the top two floors in Prospect House was made to Mr & Mrs Birt on the 1st

May 2012. The transaction was made at arms length and and external valuation of the

property was carried out by Payton Jewell & Caines Ltd on the 27th April 2012 which valued

the first and second floor at £120,000.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

5,727

-

Due from related company

8,487

1,721

Prepayments

254

-

14,468

1,721

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

2,207

-

Tax

9,156

-

Other creditors

300

-

Directors' current accounts

106,566

127,324

Accrued expenses

1,915

1,140

120,144

128,464

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the year end a balance of £8,487 (2017 - £1,721) was due from David Birt & Co

Limited.

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mr and Mrs D R Birt.

The following reproduces the text of the report prepared for the directors in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act

2006, the company is only required to file a Balance Sheet. Readers are cautioned that the

Income Statement and certain other primary statements and the Report of the Directors are

not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for

your approval the financial statements of David Birt Professional Services Limited for the year

ended 31 March 2018 which comprise the Income Statement, Balance Sheet and the related notes

from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of David Birt Professional Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of David Birt Professional Services Limited and state those matters that we have agreed to state to the Board of Directors of David Birt Professional Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than David Birt Professional Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that David Birt Professional Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of David Birt Professional Services Limited. You consider that David Birt Professional Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of David Birt Professional Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hayvenhursts

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 OLT

18 December 2018