Blackstone Independent Financial Advisers (Midlands) Limited
|
Registered Number
:
08192579
|
For the year ended 31 December 2016
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2016
Blackstone Independent Financial Advisers (Midlands) Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Blackstone Independent Financial Advisers (Midlands) Limited
Statement of Financial Position
2015
2016
Property
,
plant and equipment
|
311
469
2
311
469
Trade and other receivables
|
15,248
12,787
3
6,673
Cash and cash equivalents
|
12,094
24,881
21,921
Trade and other payables
:
amounts falling due within one year
|
(22,003)
(24,874)
4
(82)
7
Net current assets
Total assets less current liabilities
|
318
387
318
Net assets
387
2
2
316
385
318
387
Shareholders' funds
For the year ended 31 December 2016 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 of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
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.
|
Mr Anthony M Ward Director
|
These financial statements were approved and authorised for issue by the Board on 22 September 2017 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 December 2016
Blackstone Independent Financial Advisers (Midlands) Limited
Notes to the Financial Statements
Statutory Information
Blackstone Independent Financial Advisers
(
Midlands
)
Limited is a private limited company
,
limited by shares
,
domiciled in
|
England and Wales
,
registration number
08192579
.
|
40 High Street
Pershore
Worcs
WR10 1DP
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as modified by the revaluation of certain
|
assets
.
|
Changes in accounting policies
The principal accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all the years presented unless otherwise stated. No changes have arisen as a result of the transition to Section 1A of Financial Reporting Standard 102.
|
Revenue recognition
Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Computer equipment
Fixtures and fittings
2
.
Property
,
plant and equipment
|
1,405
750
655
466
140
326
981
890
1,871
Provision for depreciation and impairment
|
936
500
436
Charge for year
624
297
327
1,560
797
763
218
93
311
219
250
469
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For the year ended 31 December 2016
Blackstone Independent Financial Advisers (Midlands) Limited
Notes to the Financial Statements Continued
3
.
Trade and other receivables
|
2015
2016
12,787
15,248
The debtors above include the following amounts falling due after more than one year
:
|
1,000
1,000
4
.
Trade and other payables
:
amounts falling due within one year
|
2015
2016
Taxation and social security
|
23,074
20,203
1,800
1,800
24,874
22,003
5
.
Related party transactions
|
Mr A M Ward has control of the company by virtue of his
100
%
interest in the issued share capital
,
and receives all dividends
|
declared
.
|
6
.
Directors advances and guarantees
|
Repaid
Loaned
Mr Anthony M Ward
Interest-free director's loan
11,787
14,248
12,539
15,000
11,787
14,248
12,539
15,000
7
.
Average number of persons employed
|
During the year the average number of employees was 1 (2015 : 1)
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