Company Registration No. 6524195 (England and Wales)
Business Works UK Ltd
Unaudited accounts
for the year ended 31 March 2021
Business Works UK Ltd
Unaudited accounts
Contents
Business Works UK Ltd
Company Information
for the year ended 31 March 2021
Director
Joanne Tomlinson
Company Number
6524195 (England and Wales)
Registered Office
4 Lidgett Lane
Garforth
Leeds
West Yorkshire
LS25 1EQ
United Kingdom
Business Works UK Ltd
Statement of financial position
as at
31 March 2021
Tangible assets
222,280
224,150
Cash at bank and in hand
78,446
61,751
Creditors: amounts falling due within one year
(61,420)
(60,496)
Net current assets
100,168
73,633
Total assets less current liabilities
322,448
297,783
Creditors: amounts falling due after more than one year
(128,973)
(136,313)
Provisions for liabilities
Net assets
193,041
160,681
Called up share capital
100
100
Profit and loss account
192,941
160,581
Shareholders' funds
193,041
160,681
For the year ending 31 March 2021 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 director acknowledges her 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.
The financial statements were approved by the Board and authorised for issue on 22 December 2021 and were signed on its behalf by
Joanne Tomlinson
Director
Company Registration No. 6524195
Business Works UK Ltd
Notes to the Accounts
for the year ended 31 March 2021
Business Works UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 6524195. The registered office is 4 Lidgett Lane, Garforth, Leeds, West Yorkshire, LS25 1EQ, United Kingdom.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
3 years straight line
Computer equipment
3 years straight line
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2020
220,000
1,386
14,566
235,952
Additions
-
-
2,231
2,231
At 31 March 2021
220,000
1,386
16,797
238,183
At 1 April 2020
-
862
10,940
11,802
Charge for the year
-
462
3,639
4,101
At 31 March 2021
-
1,324
14,579
15,903
At 31 March 2021
220,000
62
2,218
222,280
At 31 March 2020
220,000
524
3,626
224,150
Business Works UK Ltd
Notes to the Accounts
for the year ended 31 March 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
14,832
23,235
Accrued income and prepayments
7,225
5,670
Other debtors
61,085
43,473
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
6,345
5,931
Taxes and social security
22,473
26,629
Other creditors
12,981
8,444
7
Creditors: amounts falling due after more than one year
2021
2020
Bank loans
128,973
136,313
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors loan
34,930
57,815
41,912
50,833
34,930
57,815
41,912
50,833
9
Average number of employees
During the year the average number of employees was 9 (2020: 9).