BPEC Certification Limited - Accounts to registrar (filleted) - small 18.2
BPEC Certification Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 December 2019 |
| for |
| BPEC Certification Limited |
| BPEC Certification Limited (Registered number: 03323774) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| BPEC Certification Limited |
| Company Information |
| for the Year Ended 31 December 2019 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| Statutory Auditors |
| Chartered Accountants |
| The Mills |
| Canal Street |
| Derby |
| DE1 2RJ |
| BPEC Certification Limited (Registered number: 03323774) |
| Balance Sheet |
| 31 December 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) |
| ( |
) |
| In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on signed on its behalf by: |
| BPEC Certification Limited (Registered number: 03323774) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2019 |
| 1. | STATUTORY INFORMATION |
| BPEC Certification Limited is a |
| 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 |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
| rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any |
| accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the |
| asset to the location and condition necessary for it to be capable of operating in the manner intended by |
| management. |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful |
| life: |
| Office equipment - 33% straight line |
| Computer equipment - 50% straight line |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, |
| 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. |
| Leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
| lease. |
| 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. |
| Going concern |
| The impact of Coronavirus has been to accelerate the need to address the overall business performance of |
| Certification in terms of safeguarding the company's future. |
| The accounts have been prepared on the going concern basis which assumes further support from the parent |
| charity and that no repayments on inter-company loans will be made until the company has adequate funds. |
| BPEC Certification Limited (Registered number: 03323774) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2019 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Computer |
| software |
| £ |
| COST |
| At 1 January 2019 |
| Disposals | ( |
) |
| At 31 December 2019 |
| AMORTISATION |
| At 1 January 2019 |
| Eliminated on disposal | ( |
) |
| At 31 December 2019 |
| NET BOOK VALUE |
| At 31 December 2019 |
| At 31 December 2018 |
| 5. | TANGIBLE FIXED ASSETS |
| Office | Computer |
| equipment | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 January 2019 |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 31 December 2019 |
| DEPRECIATION |
| At 1 January 2019 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) |
| At 31 December 2019 |
| NET BOOK VALUE |
| At 31 December 2019 |
| At 31 December 2018 |
| BPEC Certification Limited (Registered number: 03323774) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2019 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Prepayments and accrued income |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Social security and other taxes |
| Other creditors |
| Accruals and deferred income |
| 8. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 2019 | 2018 |
| £ | £ |
| Within one year |
| Between one and five years |
| 9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| BPEC Certification Limited (Registered number: 03323774) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2019 |
| 10. | RELATED PARTY DISCLOSURES |
| The Company has taken advantage of the exemption under Financial Reporting Standard 102 (section 33), not |
| to disclose transactions between entities which form part of the Group headed by the British Plumbing |
| Employers Council (Training) Limited. |
| BPEC Services Limited is owned and controlled by SNIPEF Management Limited, a company which has |
| significant influence over British Plumbing Employers Council (Training) Limited, the immediate parent |
| Company of BPEC Certification Limited. |
| During the year the company was provided with goods and services and recharged costs totalling £18,180 |
| (2018 - £23,602) from BPEC Services Limited. BPEC Certification Limited provided recharges totalling |
| £22,219 (2018 - £35,884) to BPEC Services Limited. At the balance sheet date the company was owed |
| £12,635 (2018 - £2,356) from BPEC Services Limited. |
| During the year the SNIPEF Management Limited charged the company for services provided totalling £12,500 |
| (2018 - £12,500). At the balance sheet date the company owed £NIL (2018 - £15,000) to SNIPEF Management |
| Limited. |