Micro-entity Accounts - BIBBY PAYROLL SERVICES LTD
Micro-entity Accounts - BIBBY PAYROLL SERVICES LTD
Registered Number 06595454
BIBBY PAYROLL SERVICES LTD
Micro-entity Accounts
31 March 2017
BIBBY PAYROLL SERVICES LTD Registered Number 06595454
Micro-entity Balance Sheet as at 31 March 2017
Notes | 2017 | 2016 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 1 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 31 March 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on
And signed on their behalf by:
BIBBY PAYROLL SERVICES LTD Registered Number 06595454
Notes to the Micro-entity Accounts for the period ended 31 March 2017
£ | |
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Cost | |
At 1 April 2016 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 March 2017 |
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Depreciation | |
At 1 April 2016 |
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Charge for the year |
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On disposals |
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At 31 March 2017 |
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Net book values | |
At 31 March 2017 | 237 |
At 31 March 2016 | 316 |
2Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Other accounting policies
"Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.
The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.
Rentals paid under operating leases are charged to income on a straight line basis over the lease term."