British Advert Broadcast Awards Limited - Accounts to registrar - small 17.2
British Advert Broadcast Awards Limited - Accounts to registrar - small 17.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2016 |
| FOR |
| BRITISH ADVERTISING BROADCAST |
| AWARDS LIMITED |
| BRITISH ADVERTISING BROADCAST |
| AWARDS LIMITED (REGISTERED NUMBER: 01154411) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| BRITISH ADVERTISING BROADCAST |
| AWARDS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 DECEMBER 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| 9 Mansfield Street |
| London |
| W1G 9NY |
| BRITISH ADVERTISING BROADCAST |
| AWARDS LIMITED (REGISTERED NUMBER: 01154411) |
| BALANCE SHEET |
| 31 DECEMBER 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| BRITISH ADVERTISING BROADCAST |
| AWARDS LIMITED (REGISTERED NUMBER: 01154411) |
| BALANCE SHEET - continued |
| 31 DECEMBER 2016 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on behalf by: |
| BRITISH ADVERTISING BROADCAST |
| AWARDS LIMITED (REGISTERED NUMBER: 01154411) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2016 |
| 1. | STATUTORY INFORMATION |
| British Advertising Broadcast Awards Limited is a |
| England and Wales. The 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 |
| TANGIBLE FIXED ASSETS |
| Plant and machinery etc | - |
| TAXATION |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 January 2016 |
| Additions |
| At 31 December 2016 |
| DEPRECIATION |
| At 1 January 2016 |
| Charge for year |
| At 31 December 2016 |
| NET BOOK VALUE |
| At 31 December 2016 |
| At 31 December 2015 |
| BRITISH ADVERTISING BROADCAST |
| AWARDS LIMITED (REGISTERED NUMBER: 01154411) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2016 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Other debtors includes £9,600 (2015: £58,199) in respect of advance expenditure on advertising |
| festivals to be held after the year end. |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | FIRST YEAR ADOPTION |
| These are the first financial statements that comply with FRS 102 Section 1A small entities. The date |
| of transition is 1 January 2015. |
| Reconciliation of equity |
| No transitional adjustments were required. |
| Reconciliation of profit or loss for the year |
| No transitional adjustments were required. |
| The company has adopted FRS 102 Section 1A small entities for the year ended 31 December 2016. |
| No restatement of prior year Profit under UK GAAP and no restatement of Equity under UK GAAP was |
| required. |
| TRANSITIONAL RELIEF |
| On transition to FRS 102, the company has taken advantage of the following transitional relief: |
| • | to use a previous GAAP revaluation as deemed cost on an item of property, plant and equipment. |