Josef E Zbaraski FCCA Ltd
|
Registered number: |
06035161
|
Balance Sheet |
as at 31 December 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Intangible assets |
3 |
|
|
2,508 |
|
|
5,016 |
Tangible assets |
4 |
|
|
1 |
|
|
340 |
|
|
|
|
2,509 |
|
|
5,356 |
|
Current assets |
Debtors |
5 |
|
2,604 |
|
|
3,524 |
Cash at bank and in hand |
|
|
8,597 |
|
|
7,338 |
|
|
|
11,201 |
|
|
10,862 |
|
Creditors: amounts falling due within one year |
6 |
|
(11,313) |
|
|
(13,468) |
|
Net current liabilities |
|
|
|
(112) |
|
|
(2,606) |
|
Net assets |
|
|
|
2,397 |
|
|
2,750 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
2,297 |
|
|
2,650 |
|
Shareholders' funds |
|
|
|
2,397 |
|
|
2,750 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
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The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
|
|
|
|
|
J E Zbaraski |
Director |
Approved by the board on 27 September 2017
|
|
Josef E Zbaraski FCCA Ltd
|
Notes to the Accounts |
for the year ended 31 December 2016
|
|
1 |
Accounting policies |
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
|
|
|
Turnover |
|
Turnover is the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is generated by the rendering of services and recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
|
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
|
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
|
|
Plant and machinery |
over 4 years |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
|
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
|
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.
|
|
2 |
Employees |
2016 |
|
2015 |
Number |
Number |
|
Average number of persons employed by the company |
3 |
|
3 |
|
Directors remuneration |
8,335 |
|
9,602 |
|
Wages and salaries |
12,125 |
|
- |
|
|
|
|
|
|
|
|
|
3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
Cost |
|
At 1 January 2016 |
15,436 |
|
At 31 December 2016 |
15,436 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 January 2016 |
10,420 |
|
Provided during the year |
2,508 |
|
At 31 December 2016 |
12,928 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2016 |
2,508 |
|
At 31 December 2015 |
5,016 |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years. |
4 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and equipment |
£ |
|
Cost |
|
At 1 January 2016 |
6,323 |
|
At 31 December 2016 |
6,323 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2016 |
5,983 |
|
Charge for the year |
339 |
|
At 31 December 2016 |
6,322 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2016 |
1 |
|
At 31 December 2015 |
340 |
|
5 |
Debtors |
2016 |
|
2015 |
£ |
£ |
|
Trade debtors |
2,604 |
|
3,021 |
|
Other debtors |
- |
|
503 |
|
|
|
|
|
|
2,604 |
|
3,524 |
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due within one year |
2016 |
|
2015 |
£ |
£ |
|
Trade creditors |
1,298 |
|
- |
|
Corporation tax |
6,975 |
|
7,907 |
|
Other taxes and social security costs |
959 |
|
56 |
|
Other creditors |
2,081 |
|
5,505 |
|
|
|
|
|
|
11,313 |
|
13,468 |
|
|
|
|
|
|
|
|
|
|
7 |
Controlling party |
|
The company is under the ultimate control of Mr J E Zbaraski by virtue of his shareholding. |
|
8 |
Other information |
|
|
Josef E Zbaraski FCCA Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
31 Craven Street |
|
Melton Mowbray |
|
Leicestershire |
|
LE13 0QT |