Bradley Potts Consulting Limited Company Accounts
Bradley Potts Consulting Limited Company Accounts
COMPANY REGISTRATION NUMBER:
06449826
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Chartered accountant
41 Greek Street
Stockport
Cheshire
SK3 8AX
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Financial Statements |
Year Ended 31 December 2016
Contents |
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Officers and Professional Advisers |
1 |
Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements |
2 |
Statement of Financial Position |
3 |
Notes to the Financial Statements |
4 |
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Officers and Professional Advisers |
The Board of Directors |
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Company Secretary |
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Registered Office |
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Accountants |
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Chartered accountant |
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41 Greek Street |
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Stockport |
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Cheshire |
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SK3 8AX |
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Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
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Year Ended 31 December 2016
41 Greek Street
Stockport
Cheshire
SK3 8AX
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Statement of Financial Position |
2016 |
2015 |
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Note |
£ |
£ |
£ |
Fixed Assets
Tangible assets |
6 |
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Current Assets
Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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Net Current Assets |
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------- |
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Total Assets Less Current Liabilities |
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------- |
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Net Assets |
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Capital and Reserves
Called up share capital |
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Profit and loss account |
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-------- |
------- |
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Members Funds |
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------- |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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These financial statements were approved by the
board of directors
and authorised for issue on
20 September 2017
, and are signed on behalf of the board by:
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Director |
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Company registration number:
06449826
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Notes to the Financial Statements |
Year Ended 31 December 2016
1.
General Information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 41 Greek Street, Stockport, Cheshire, SK3 8AX.
2.
Statement of Compliance
3.
Accounting Policies
Basis of Preparation
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 January 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 10.
Judgements and Key Sources of Estimation Uncertainty
Revenue Recognition
Income Tax
Tangible Assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings |
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4.
Staff Costs
The average number of persons employed by the company during the year, including the directors, amounted to 1 (2015: 1).
5.
Profit Before Taxation
Profit before taxation is stated after charging:
2016 |
2015 |
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£ |
£ |
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Depreciation of tangible assets |
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6.
Tangible Assets
Fixtures and fittings |
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£ |
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Cost |
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At 1 Jan 2016 and 31 Dec 2016 |
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------- |
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Depreciation |
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At 1 January 2016 |
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Charge for the year |
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------- |
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At 31 December 2016 |
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------- |
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Carrying amount |
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At 31 December 2016 |
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------- |
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At 31 December 2015 |
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------- |
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7.
Creditors:
amounts falling due within one year
2016 |
2015 |
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£ |
£ |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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8.
Directors' Advances, Credits and Guarantees
During the year the directors entered into the following advances and credits with the company:
2016 |
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Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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(
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– |
(
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---- |
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2015 |
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Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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– |
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(
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9.
Related Party Transactions
The company is controlled by
M J Potts
and Mrs J M Bradley-Potts
by virtue of their controlling interest. Dividends paid to the directors amounted to £21,000.
10.
Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 January 2015.
No transitional adjustments were required in equity or profit or loss for the year.