Business Directory Promotions Limited - Period Ending 2015-07-31

Registration number: 07302995

Business Directory Promotions Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 July 2015
 

E J Business Consultants Limited
The Rectory
1 Toomers Wharf
Newbury
Berkshire
RG14 1DY

Business Directory Promotions Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Business Directory Promotions Limited
for the Year Ended 31 July 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Business Directory Promotions Limited for the year ended 31 July 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Business Directory Promotions Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Business Directory Promotions Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Business Directory Promotions Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Business Directory Promotions Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Business Directory Promotions Limited. You consider that Business Directory Promotions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Business Directory Promotions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

E J Business Consultants Limited
The Rectory
1 Toomers Wharf
Newbury
Berkshire
RG14 1DY

4 November 2015

Page 1

Business Directory Promotions Limited
(Registration number: 07302995)
Abbreviated Balance Sheet at 31 July 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					628			2,129
Current assets
Debtors					102			629
Cash at bank and in hand					10,770			8,213
					10,872			8,842
Creditors: Amounts falling due within one year					(10,547)			(10,769)
Net current assets/(liabilities)					325			(1,927)
Net assets					953			202
Capital and reserves
Called up share capital		3			200			200
Profit and loss account					753			2
Shareholders' funds					953			202

For the year ending 31 July 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 5 November 2015 and signed on its behalf by:

.........................................
Mr A C A Eager
Director

.........................................
Mrs A R Eager
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Business Directory Promotions Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset

Asset class	Depreciation method and rate
Equipment	33% straight line

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

Page 3

Business Directory Promotions Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 August 2014		6,594			6,594
At 31 July 2015		6,594			6,594
Depreciation
At 1 August 2014		4,465			4,465
Charge for the year		1,501			1,501
At 31 July 2015		5,966			5,966
Net book value
At 31 July 2015		628			628
At 31 July 2014		2,129			2,129

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100
B Ordinary shares of £1 each		25			25			25			25
		125			125			125			125

Page 4