Company Registration No. 08399781 (England and Wales)
STRATEGIC BUSINESS ANALYSIS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2016
STRATEGIC BUSINESS ANALYSIS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
STRATEGIC BUSINESS ANALYSIS LIMITED
ABBREVIATED BALANCE SHEET - UNAUDITED
AS AT
31 MARCH 2016
31 March 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
-
191
Current assets
Debtors
27,730
32,400
Cash at bank and in hand
165
1,121
27,895
33,521
Creditors: amounts falling due within one year
(13,645)
(20,132)
Net current assets
14,250
13,389
Total assets less current liabilities
14,250
13,580
Provisions for liabilities
-
(38)
14,250
13,542
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
14,150
13,442
Shareholders' funds
14,250
13,542
For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the Board for issue on 28 August 2016
Mr G Hall
Director
Company Registration No. 08399781
STRATEGIC BUSINESS ANALYSIS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS - UNAUDITED
FOR THE YEAR ENDED 31 MARCH 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Turnover
Turnover represents amounts receivable for financial consultancy services. Turnover and profit before taxation are attributable to the one principle activity of the company, all of which arises in the United Kingdom.
1.3
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
33 1/3% per annum on the straight line method
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2015 & at 31 March 2016
659
Depreciation
At 1 April 2015
468
Charge for the year
191
At 31 March 2016
659
Net book value
At 31 March 2016
-
At 31 March 2015
191
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 ordinary shares of £1 each
100
100
STRATEGIC BUSINESS ANALYSIS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS - UNAUDITED (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2016
- 3 -
4
Related party relationships and transactions
Advances and credits to directors
% Rate
Opening Balance
Amounts Advanced
Interest Charged
Amounts Repaid
Closing Balance
£
£
£
£
£
Mr G Hall
-
(4,946)
44,815
-
26,004
13,865
Mrs Z A Hall
-
(4,946)
44,815
-
26,004
13,865
(9,892)
89,630
-
52,008
27,730
This is an interest free loan to the directors repayable on demand.