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Unaudited Financial Statements for the Year Ended 31 December 2016 |
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B INVESTMENTS SOLUTIONS LTD |
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REGISTERED NUMBER:
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Unaudited Financial Statements for the Year Ended 31 December 2016 |
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for |
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B INVESTMENTS SOLUTIONS LTD |
B INVESTMENTS SOLUTIONS LTD (Registered number: 03340195) |
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Contents of the Financial Statements |
for the Year Ended 31 December 2016 |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 4 |
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B INVESTMENTS SOLUTIONS LTD |
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Company Information |
for the Year Ended 31 December 2016 |
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DIRECTOR: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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1st Floor, Victory House |
99 - 101 Regent Street |
London |
W1B 4EZ |
B INVESTMENTS SOLUTIONS LTD (Registered number: 03340195) |
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Balance Sheet |
31 December 2016 |
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31.12.16 | 31.12.15 |
Notes | € | € | € | € |
FIXED ASSETS |
Tangible assets | 4 |
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Investments | 5 |
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CURRENT ASSETS |
Stocks |
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Debtors | 6 |
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Prepayments and accrued income | ( |
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Cash at bank and in hand |
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CREDITORS |
Amounts falling due within one year | 7 | ( |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CREDITORS |
Amounts falling due after more than one
year |
8 |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital |
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Retained earnings |
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SHAREHOLDERS' FUNDS |
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The director acknowledges his responsibilities for: |
(a) |
ensuring that the company keeps 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 Sections 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. |
B INVESTMENTS SOLUTIONS LTD (Registered number: 03340195) |
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Balance Sheet - continued |
31 December 2016 |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the director on
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B INVESTMENTS SOLUTIONS LTD (Registered number: 03340195) |
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Notes to the Financial Statements |
for the Year Ended 31 December 2016 |
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1. | STATUTORY INFORMATION |
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B INVESTMENTS SOLUTIONS LTD is a
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Wales. The company's registered number and registered office address can be found on the Company |
Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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The company has elected first time adoption of Financial Reporting Standard (FRS) 102 section 1A, with the |
effective date of transition being 01st January 2015. Information on the impact of transition to Financial |
Reporting Standard 102 is given in note 12. |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
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Tangible fixed assets |
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Fixture & Fittings - 33.33% per annum |
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Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost less any provision for impairment. |
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Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
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Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
the extent that it relates to items recognised in other comprehensive income or directly in equity. |
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Current or deferred taxation assets and liabilities are not discounted. |
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Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the balance sheet date. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
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Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
timing difference. |
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Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was
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B INVESTMENTS SOLUTIONS LTD (Registered number: 03340195) |
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Notes to the Financial Statements - continued |
for the Year Ended 31 December 2016 |
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4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
€ |
COST |
Additions |
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At 31 December 2016 |
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DEPRECIATION |
Charge for year |
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At 31 December 2016 |
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NET BOOK VALUE |
At 31 December 2016 |
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5. | FIXED ASSET INVESTMENTS |
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31.12.16 | 31.12.15 |
€ | € |
Shares in group undertakings |
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Loans to group undertakings |
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Additional information is as follows: |
Shares in |
group |
undertakings |
€ |
COST |
At 1 January 2016 |
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Additions |
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Disposals | ( |
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At 31 December 2016 |
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PROVISIONS |
At 1 January 2016 |
and 31 December 2016 | 168,513 |
NET BOOK VALUE |
At 31 December 2016 |
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At 31 December 2015 |
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B INVESTMENTS SOLUTIONS LTD (Registered number: 03340195) |
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Notes to the Financial Statements - continued |
for the Year Ended 31 December 2016 |
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5. | FIXED ASSET INVESTMENTS - continued |
Loans to |
group |
undertakings |
€ |
At 1 January 2016 |
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New in year |
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Repayment in year | ( |
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At 31 December 2016 |
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6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.16 | 31.12.15 |
€ | € |
Trade debtors |
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Other debtors |
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7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.16 | 31.12.15 |
€ | € |
Trade creditors | ( |
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Social security and other taxes |
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VAT | 977 | 9,235 |
Other creditors |
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Accruals and deferred income |
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( |
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8. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
31.12.16 | 31.12.15 |
€ | € |
Other loans - 1-2 years |
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Other creditors |
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9. | RELATED PARTY DISCLOSURES |
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Bakery Ingredients Bulgaria Ltd |
Included in fixed assets investments is an interest free loan of € 25,505 (2015: € 20,505) owed by Bakery |
Ingredients Bulgaria Ltd, a subsidiary company. |
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10. | FIRST TIME ADOPTION OF FRS 102 |
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The policies adopted under the entity's previous accounting framework are not materially different from FRS 102 |
and have not impacted on equity or profit or loss. |