Business Management Networks Limited
Business Management Networks Limited
Registered number: 4679497
Financial Statements
For The Year Ended 28 February 2018
APR Accountancy Services
Shan House
80-86 North Street
Keighley
West Yorkshire
BD21 3AF
Business Management Networks Limited
Financial Statements
For The Year Ended 28 February 2018
Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3 |
Business Management Networks Limited
Balance Sheet
As at
28 February 2018
Balance Sheet
Registered number:
4679497
For the year ending 28 February 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2018 | 2017 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| CURRENT ASSETS | |||||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 3 |
( |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
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| Creditors: Amounts Falling Due After More Than One Year | 4 |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 5 |
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| Profit and Loss Account |
( |
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| SHAREHOLDERS' FUNDS | (4,082) | (2,978) | |||
Page 1
Business Management Networks Limited
Balance Sheet (continued)
As at
28 February 2018
Director's responsibilities
-
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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The notes on page 3 form part of these financial statements.
Page 2
Business Management Networks Limited
Notes to the Unaudited Accounts
For The Year Ended 28 February 2018
Notes to the Unaudited Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3.
Creditors: Amounts Falling Due Within One Year
| 2018 | 2017 | ||
|---|---|---|---|
| £ | £ | ||
| Other taxes and social security | - |
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| Accruals and deferred income |
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| Director's loan account |
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4.
Creditors: Amounts Falling Due After More Than One Year
| 2018 | 2017 | ||
|---|---|---|---|
| £ | £ | ||
| Loan |
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5.
Share Capital
| Value | Number | 2018 | 2017 | ||
|---|---|---|---|---|---|
| Allotted, called up and fully paid | £ | £ | £ | ||
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2 | 2 | |
6.
Ultimate Controlling Party
The company's ultimate controlling party is the director by virtue of her ownership of 100% of the issued share capital in the company.
7.
General Information
Business Management Networks Limited is a private company, limited by shares, incorporated in England & Wales, registered number 4679497 . The registered office is C/o APR Accountancy Servcices, Shan House 80-86 North Street, Keighley, BD21 3AF.
Page 3