Blue Mountain Co (Uk) Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09090361

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2019

FOR

BLUE MOUNTAIN CO (UK) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Miss K M Easom

REGISTERED OFFICE:

Ingram House

6 Meridian Way

Norwich

Norfolk

NR7 0TA

REGISTERED NUMBER:

09090361

ACCOUNTANTS:

LEES

Chartered Certified Accountants

Ingram House

Meridian Way

Norwich

Norfolk

NR7 0TA

FIXED ASSETS

Tangible assets

4

2,608

633

CURRENT ASSETS

Debtors

5

-

43,656

Cash at bank

38,227

16,048

38,227

59,704

CREDITORS

Amounts falling due within one year

6

21,030

28,906

NET CURRENT ASSETS

17,197

30,798

TOTAL ASSETS LESS CURRENT LIABILITIES

19,805

31,431

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

19,804

31,430

SHAREHOLDERS' FUNDS

19,805

31,431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director on 19 November 2019 and were signed by:

Miss K M Easom - Director

1.	STATUTORY INFORMATION

Blue Mountain Co (UK) 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 represents the fair value of services provided during the year. Turnover is recognised as contract

activity progresses and the right to consideration is earned. Fair value reflects the amount expected to be

recoverable from clients.

Unbilled turnover on individual contract is included as accrued income within other debtors.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and

Retained Earnings, 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 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2018

11,891

Additions

2,686

At 28 February 2019

14,577

DEPRECIATION

At 1 March 2018

11,258

Charge for year

711

At 28 February 2019

11,969

NET BOOK VALUE

At 28 February 2019

2,608

At 28 February 2018

633

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

-

10,800

Other debtors

-

32,856

-

43,656

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Taxation and social security

16,412

19,282

Other creditors

4,618

9,624

21,030

28,906

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

1

Ordinary A

£1

1

1

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2019 and

28 February 2018:

2019

2018

£

£

Miss K M Easom

Balance outstanding at start of year

(32,856

)

4,920

Amounts advanced

73,320

16,401

Amounts repaid

(37,574

)

(54,177

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,890

(32,856

)

Interest of £76 (2018 - £193) has been charged on the loan to the director.