The B Plan Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09302495 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2019

for

The B Plan Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs K L Slater

REGISTERED OFFICE:

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

REGISTERED NUMBER:

09302495 (England and Wales)

ACCOUNTANTS:

Johnston Wood Roach Limited

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

FIXED ASSETS

Tangible assets

4

27,812

37,083

CURRENT ASSETS

Debtors

5

21,967

1,956

Cash at bank

114,601

93,534

136,568

95,490

CREDITORS

Amounts falling due within one year

6

38,118

45,787

NET CURRENT ASSETS

98,450

49,703

TOTAL ASSETS LESS CURRENT LIABILITIES

126,262

86,786

PROVISIONS FOR LIABILITIES

5,284

7,046

NET ASSETS

120,978

79,740

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

7

120,778

79,540

SHAREHOLDERS' FUNDS

120,978

79,740

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

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

The director acknowledges her 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.

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 director on 25 April 2019 and were signed by:

Mrs K L Slater - Director

1.	STATUTORY INFORMATION

The B Plan 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.

Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

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 represents invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

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.

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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 April 2018

and 31 March 2019

44,544

DEPRECIATION

At 1 April 2018

7,461

Charge for year

9,271

At 31 March 2019

16,732

NET BOOK VALUE

At 31 March 2019

27,812

At 31 March 2018

37,083

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Other debtors

21,967

1,956

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade creditors

-

126

Taxation and social security

37,688

45,231

Other creditors

430

430

38,118

45,787

7.

RESERVES

Retained

earnings

£

At 1 April 2018

79,540

Profit for the year

73,376

Dividends

(32,138

)

At 31 March 2019

120,778

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2019 and

31 March 2018:

31.3.19

31.3.18

£

£

Mrs K L Slater

Balance outstanding at start of year

1,756

-

Amounts advanced

32,054

10,134

Amounts repaid

(12,043

)

(8,378

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

21,767

1,756

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs K L Slater.