Company Registration No. 08659730 (England and Wales)
BSA Group (SW) Limited
Unaudited accounts
for the year ended 30 September 2017
BSA Group (SW) Limited
Unaudited accounts
Contents
BSA Group (SW) Limited
Company Information
for the year ended 30 September 2017
Company Number
08659730 (England and Wales)
Registered Office
77 Abbots Road
Hanham
Bristol
BS15 3NR
Accountants
KA Accounting
95 Grimsbury Road
Kingswood
Bristol
BS15 9YF
BSA Group (SW) Limited
Accountants' report
Accountants' report to the director of BSA Group (SW) Limited on the preparation of the unaudited statutory accounts for the year ended 30 September 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
BSA Group (SW) Limited for the year ended
30 September 2017 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of BSA Group (SW) Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of BSA Group (SW) Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BSA Group (SW) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that BSA Group (SW) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of BSA Group (SW) Limited. You consider that BSA Group (SW) 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 accounts of BSA Group (SW) 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 accounts.
KA Accounting
95 Grimsbury Road
Kingswood
Bristol
BS15 9YF
12 April 2018
BSA Group (SW) Limited
Statement of financial position
as at
30 September 2017
Tangible assets
310,747
118,576
Cash at bank and in hand
17,833
13,699
Creditors: amounts falling due within one year
(124,472)
(147,612)
Net current (liabilities)/assets
(64,621)
6,322
Total assets less current liabilities
246,146
124,908
Creditors: amounts falling due after more than one year
(141,656)
(67,306)
Provisions for liabilities
Deferred tax
(19,091)
(23,716)
Called up share capital
100
100
Profit and loss account
85,299
33,786
Shareholders' funds
85,399
33,886
For the year ending 30 September 2017 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 his 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.
Approved by the Board on 12 April 2018.
Mr B Andrews
Director
Company Registration No. 08659730
BSA Group (SW) Limited
Notes to the Accounts
for the year ended 30 September 2017
BSA Group (SW) Limited is a private company, limited by shares, registered in England and Wales, registration number 08659730. The registered office is 77 Abbots Road, Hanham, Bristol, BS15 3NR.
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.
These financial statements for the year ended 30 September 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Plant & machinery
25% Reducing value
Motor vehicles
25% Reducing value
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2016
-
15,513
172,013
187,526
Additions
220,674
15,459
108,603
344,736
Disposals
(39,094)
-
(102,180)
(141,274)
At 30 September 2017
181,580
30,972
178,436
390,988
At 1 October 2016
-
7,282
61,668
68,950
Charge for the year
-
5,923
37,134
43,057
On disposals
-
-
(31,766)
(31,766)
At 30 September 2017
-
13,205
67,036
80,241
At 30 September 2017
181,580
17,767
111,400
310,747
At 30 September 2016
-
8,231
110,345
118,576
BSA Group (SW) Limited
Notes to the Accounts
for the year ended 30 September 2017
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
111,400
110,345
5
Investments
Subsidiary undertakings
Valuation at 1 October 2016
10
Valuation at 30 September 2017
20
Amounts due from group undertakings etc.
27,964
137,691
Accrued income and prepayments
14,054
1,289
7
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
7,824
-
Obligations under finance leases and hire purchase contracts
18,213
23,784
Taxes and social security
15,364
348
Loans from directors
83,071
123,241
8
Creditors: amounts falling due after more than one year
2017
2016
Obligations under finance leases and hire purchase contracts
33,708
67,306
Amounts owed to group undertakings and other participating interests
29,637
-
9
Deferred taxation
2017
2016
Accelerated capital allowances
19,091
23,716
BSA Group (SW) Limited
Notes to the Accounts
for the year ended 30 September 2017
Provision at start of year
23,716
13,994
(Credited)/charged to the profit and loss account
(4,625)
9,722
Provision at end of year
19,091
23,716
10
Transactions with related parties
During the year the company transacted with Kelly Andrews to provide accountancy services. Kelly Andrews is the sibling of Brett Andrews who is a director and 100% shareholder of BSA Group (SW) Limited. Sales in this period amount to £1,390.
11
Average number of employees
During the year the average number of employees was 7 (2016: 7).