Company Registration No. 08057264 (England and Wales)
BENTLEY & BENTLEY ASSOCIATES LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2016
BENTLEY & BENTLEY ASSOCIATES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
BENTLEY & BENTLEY ASSOCIATES LIMITED
ABBREVIATED BALANCE SHEET
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
617
823
Current assets
Debtors
2,142
11,915
Cash at bank and in hand
19,548
6,467
21,690
18,382
Creditors: amounts falling due within one year
(16,271)
(16,223)
Net current assets
5,419
2,159
Total assets less current liabilities
6,036
2,982
Provisions for liabilities
-
(94)
6,036
2,888
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
6,035
2,887
Shareholders' funds
6,036
2,888
For the financial year ended 31 May 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 27 February 2017
Mr S Bentley
Director
Company Registration No. 08057264
BENTLEY & BENTLEY ASSOCIATES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment
25% Reducing Balance
Fixtures, fittings & equipment
25% Reducing Balance
2
Fixed assets
Tangible assets
£
Cost
At 1 June 2015 & at 31 May 2016
1,438
Depreciation
At 1 June 2015
615
Charge for the year
206
At 31 May 2016
821
Net book value
At 31 May 2016
617
At 31 May 2015
823
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary A of £1 each
1
1
BENTLEY & BENTLEY ASSOCIATES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2016
- 3 -
4
Ultimate parent company
The ultimate controlling party for the year was
Mr S Bentley
, by virtue of his majority shareholding.