S J Bettridge Financial Planning Ltd - Accounts to registrar (filleted) - small 18.2

S J Bettridge Financial Planning Ltd - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: 11136767(England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 8TH JANUARY 2018 TO 31ST JANUARY 2019

FOR

S J BETTRIDGE FINANCIAL PLANNING LTD

S J BETTRIDGE FINANCIAL PLANNING LTD (REGISTERED NUMBER: 11136767)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 8th January 2018 to 31st January 2019










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S J BETTRIDGE FINANCIAL PLANNING LTD

COMPANY INFORMATION
for the Period 8th January 2018 to 31st January 2019







DIRECTORS: Mr S Bettridge
Mrs G Bettridge





REGISTERED OFFICE: 7 Chestnut Road
Redditch
B96 6AF





REGISTERED NUMBER: 11136767(England and Wales)





ACCOUNTANTS: Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST

S J BETTRIDGE FINANCIAL PLANNING LTD (REGISTERED NUMBER: 11136767)

BALANCE SHEET
31st January 2019

Notes £    £   
FIXED ASSETS
Intangible assets 4 86,254
Tangible assets 5 2,085
88,339

CURRENT ASSETS
Debtors 6 11,333
Cash at bank 19,975
31,308
CREDITORS
Amounts falling due within one year 7 12,644
NET CURRENT ASSETS 18,664
TOTAL ASSETS LESS CURRENT LIABILITIES 107,003

CREDITORS
Amounts falling due after more than one
year

8

(106,441

)

PROVISIONS FOR LIABILITIES 10 (396 )
NET ASSETS 166

CAPITAL AND RESERVES
Called up share capital 11 101
Retained earnings 12 65
SHAREHOLDERS' FUNDS 166

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st January 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st January 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

S J BETTRIDGE FINANCIAL PLANNING LTD (REGISTERED NUMBER: 11136767)

BALANCE SHEET - continued
31st January 2019


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 30th April 2019and were signed on its behalf
by:





Mr S Bettridge- Director


S J BETTRIDGE FINANCIAL PLANNING LTD (REGISTERED NUMBER: 11136767)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 8th January 2018 to 31st January 2019


1. STATUTORY INFORMATION

S J Bettridge Financial Planning Ltd is a private company, limited by shares, registered in England and Wales.
The company's registered number and registered office address can be found on the Company Information
page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at
cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - Straight line over 3 years

Taxation
Taxation for the period 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.

Current or deferred taxation assets and liabilities are not discounted.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

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 period end and that are expected to apply to
the reversal of the timing difference.

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.

S J BETTRIDGE FINANCIAL PLANNING LTD (REGISTERED NUMBER: 11136767)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 8th January 2018 to 31st January 2019


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2.

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 107,818
At 31st January 2019 107,818
AMORTISATION
Amortisation for period 21,564
At 31st January 2019 21,564
NET BOOK VALUE
At 31st January 2019 86,254

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
Additions 1,839 1,058 2,897
At 31st January 2019 1,839 1,058 2,897
DEPRECIATION
Charge for period 460 352 812
At 31st January 2019 460 352 812
NET BOOK VALUE
At 31st January 2019 1,379 706 2,085

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 6,952
Directors' current accounts 4,381
11,333

S J BETTRIDGE FINANCIAL PLANNING LTD (REGISTERED NUMBER: 11136767)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 8th January 2018 to 31st January 2019


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Tax 12,308
Social security and other taxes 336
12,644

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Bank loans (see note 9) 106,441

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 106,441

9. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans more 5 yr by instal 106,441

10. PROVISIONS FOR LIABILITIES
£   
Deferred tax
Accelerated capital allowances 396

Deferred
tax
£   
Charge to Income Statement during period 396
Balance at 31st January 2019 396

S J BETTRIDGE FINANCIAL PLANNING LTD (REGISTERED NUMBER: 11136767)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 8th January 2018 to 31st January 2019


11. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary A Voting 1 100
1 Ordinary B Voting 1 1
101

12. RESERVES
Retained
earnings
£   

Profit for the period 32,365
Dividends (32,300 )
At 31st January 2019 65