A-Z Bird Limited - Period Ending 2017-07-31

Registration number: 06976396

A-Z Bird Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 July 2017

Ripe LLP
9A Burroughs Gardens
London
NW4 4AU

A-Z Bird Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 5

A-Z Bird Limited

Company Information

Director

Ms A Nightingale

Registered office

9A Burroughs Gardens London NW4 4AU

Accountants

Ripe LLP 9A Burroughs Gardens London NW4 4AU

Page 1

A-Z Bird Limited

(Registration number: 06976396)
Balance Sheet as at 31 July 2017

	Note	2017 £	2016 £
Fixed assets
Tangible assets	2	2,659	3,050
Current assets
Debtors	3	-	512
Cash at bank and in hand		55,043	104,164
		55,043	104,676
Creditors: Amounts falling due within one year	4	(49,386)	(106,813)
Net current assets/(liabilities)		5,657	(2,137)
Net assets		8,316	913
Capital and reserves
Called up share capital		2	2
Profit and loss account		8,314	911
Total equity		8,316	913

For the financial year ending 31 July 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 13 January 2018
 

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

Ms A Nightingale

Director

The notes on pages 3 to 5 form an integral part of these financial statements.

Page 2

A-Z Bird Limited

Notes to the Financial Statements for the Year Ended 31 July 2017

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The accounts have been prepared on a going concern basis on the understanding that the directors will continue to support the company for the foreseeable future.

Revenue recognition

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture & fixtures	25% on reducing balance
Computer equipment	25% on cost

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Page 3

A-Z Bird Limited

Notes to the Financial Statements for the Year Ended 31 July 2017

2	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 August 2016	9,404	9,404
Additions	425	425
At 31 July 2017	9,829	9,829
Depreciation
At 1 August 2016	6,354	6,354
Charge for the year	816	816
At 31 July 2017	7,170	7,170
Carrying amount
At 31 July 2017	2,659	2,659
At 31 July 2016	3,050	3,050

3

Debtors

	2017 £	2016 £
Other debtors	-	512
	-	512

4

Creditors

Creditors: amounts falling due within one year

	2017 £	2016 £
Due within one year
Taxation and social security	1,018	-
Accruals and deferred income	2,040	70,108
Other creditors	46,328	36,705
	49,386	106,813

Included in other creditors is a balance for the sum of £43,004,(2016:£35,645) due to Ms A Nightingale.

Page 4

A-Z Bird Limited

Notes to the Financial Statements for the Year Ended 31 July 2017

5	Share capital

Allotted, called up and fully paid shares

	2017		2016
	No.	£	No.	£
Ordinary of £1 each	2	2	2	2

6

Dividends

		2017		2016
		£		£
Interim dividend of £2,500.00 (2016 - £2,000.00) per ordinary share		5,000		4,000

7	Parent and ultimate parent undertaking

The ultimate controlling party is director.

Page 5