Company Registration No. 08875988 (England and Wales)
Abi Billinghurst & Associates
Unaudited accounts
for the year ended 31 March 2020
Abi Billinghurst & Associates
Unaudited accounts
Contents
Abi Billinghurst & Associates
Company Information
for the year ended 31 March 2020
Directors
Abi Billinghurst
Dr C Warrington
N O'Brien
C V Walkeden
W E Etan
K Rambellas
Company Number
08875988 (England and Wales)
Registered Office
Unit 2K Leroy House
Essex Road
London
N1 3QP
Accountants
Sheelagh Williams
Chartered Certified Accountant
& Registered Auditor
2a Brodia Road
London
N16 0ES
Abi Billinghurst & Associates
Statement of financial position
as at
31 March 2020
Cash at bank and in hand
215,862
120,196
Creditors: amounts falling due within one year
(306,289)
(133,838)
Net current assets
22,787
17,352
Profit and loss account
22,787
17,352
Members' funds
22,787
17,352
For the year ending 31 March 2020 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 directors acknowledge their 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 of Directors and authorised for issue on 1 October 2020 and were signed on its behalf by
W E Etan
Director
Company Registration No. 08875988
Abi Billinghurst & Associates
Notes to the Accounts
for the year ended 31 March 2020
Abi Billinghurst & Associates is a private company, limited by guarantee, registered in England and Wales, registration number 08875988. The registered office is Unit 2K Leroy House, Essex Road, London, N1 3QP.
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.
Income is recognised when services have been delivered to customers.
Grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Trade debtors
67,775
30,994
Accrued income and prepayments
45,439
-
Abi Billinghurst & Associates
Notes to the Accounts
for the year ended 31 March 2020
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Creditors: amounts falling due within one year
2020
2019
Taxes and social security
(119)
6,667
Loans from directors
-
8,563
Deferred income
300,670
117,378
Included within Deferred Income there is restricted grant income of £163,888 (2019: £67,234 ) in relation to various projects as described below.
ALLOCATION OF RESTRICTED GRANTS RECEIVED AND BALANCE AS AT YEAR END
Opening Income Expenses Closing Name of grant funder
£26,231 £30,000 (£29,292) £26,939 Paul Hamlyn Foundation
£10,058 £40,000 (£25,364) £24,694 Esmee Fairbairn
£15,729 £44,000 (£37,729) £22,000 Help for Children
£15,216 £52,237 (£25,931) £41,522 Young Londoners Fund
£- £77,027 (£42,587) £34,440 Samworth
£- £40,002 (£25,709) £14,293 Waltham Forest Gender Consultant
£67,234 £283,266 (£186,612) £163,888 TOTALS
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Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
7
Transactions with related parties
During the year the Director's loan to the company was paid off in full (2019: £8,563).
During the year the Director Abi Billinghurst was paid £43,333 gross salary (2019: £35,000).
Brenda Kilgour, a relative of the Director Abi Billinghurst, was paid £4,087 (2019: £3,316) for professional services provided.
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Average number of employees
During the year the average number of employees was 10 (2019: 8).