Behan_Partnership_Surveyi - Accounts

BEHAN PARTNERSHIP SURVEYING LIMITED - Company Information

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Behan Partnership Surveying Limited

Abbreviated Accounts

For the year ended 31 October 2015

Company Registration No. 06302267 (England and Wales)

Behan Partnership Surveying Limited

Contents

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

Behan Partnership Surveying Limited

Abbreviated Balance Sheet

As at 31 October 2015

Page 1

2015

2014

Notes

Current assets

Debtors

1,899,547

2,194,321

Cash at bank and in hand

2,136,827

2,611,900

4,036,374

4,806,221

Creditors: amounts falling due within one year

(41,317)

(835,370)

Total assets less current liabilities

3,995,057

3,970,851

Capital and reserves

Called up share capital

100

Profit and loss account

3,994,957

3,970,751

Shareholders' funds

3,995,057

3,970,851

For the financial year ended 31 October 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 21 June 2016

M Behan

Director

Company Registration No. 06302267

Behan Partnership Surveying Limited

Notes to the Abbreviated Accounts

For the year ended 31 October 2015

Page 2

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts invoiced for services provided net of VAT

1.4

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

Related party relationships and transactions

Loans from directors

The following loans were advanced to the company by the director M Behan in the year:

Description

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

Mark Behan

(268,439)

964,000

695,561

(268,439)

964,000

695,561

Other transactions

The company and Behan Partnership Limited are under common control. During the year the company charged Behan Partnership Limited £249,045 (2014: £nil) for services provided by the company's employees. At the balance sheet date the company was owed an amount of £1,609,137 (2014: £1,861,507) from Behan Partnership Limited.

The company is a member of Behan Surveying LLP. During the year the company charged Behan Surveying LLP £nil (2014: £241,408) for services provided by the company's employees. During the year the company received a total profit share of £nil (2014: £3,390,482) from Behan Surveying LLP (see note 2). At the balance sheet date the company was owed an amount of £nil (2014: £330,700) from Behan Surveying LLP.