SIMON BROOM ASSOCIATES LIMITED

SIMON BROOM ASSOCIATES LIMITED

SIMON BROOM ASSOCIATES LIMITED - Company Information

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SIMON BROOM ASSOCIATES LIMITED

Company Registration Number:
04125831 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2017

Period of accounts

Start date: 01 January 2017

End date: 31 December 2017

SIMON BROOM ASSOCIATES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2017

Balance sheet
Notes

SIMON BROOM ASSOCIATES LIMITED

Balance sheet

As at 31 December 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 1,761 1,469
Total fixed assets: 1,761 1,469
Current assets
Debtors: 3 33,148 29,574
Cash at bank and in hand: 11,736 7,951
Total current assets: 44,884 37,525
Creditors: amounts falling due within one year: 4 (13,524) (8,344)
Net current assets (liabilities): 31,360 29,181
Total assets less current liabilities: 33,121 30,650
Total net assets (liabilities): 33,121 30,650
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 33,120 30,649
Shareholders funds: 33,121 30,650

The notes form part of these financial statements

SIMON BROOM ASSOCIATES LIMITED

Balance sheet statements

For the year ending 31 December 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 April 2018
and signed on behalf of the board by:

Name: Simon Broom
Status: Director

The notes form part of these financial statements

SIMON BROOM ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents total invoice value, excluding value added tax, of sales made during the year.

Tangible fixed assets and depreciation policy

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:If there is an indication that there has been a significant change in depreciation rate, useful life orresidual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

SIMON BROOM ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

2. Tangible Assets

Total
Cost £
At 01 January 2017 11,177
Additions 1,043
At 31 December 2017 12,220
Depreciation
At 01 January 2017 9,708
Charge for year 751
At 31 December 2017 10,459
Net book value
At 31 December 2017 1,761
At 31 December 2016 1,469

SIMON BROOM ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

3. Debtors

2017 2016
££
Debtors due after more than one year: 32,859 29,282

SIMON BROOM ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

4. Creditors: amounts falling due within one year note

Corporation tax £10525Other taxes £1991Other creditors £1008

SIMON BROOM ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

5. Loans to directors

Name of director receiving advance or credit: Simon Broom and J Broom
Description of the loan: During the year the directors entered into the following advances and credits with the company:
£
Balance at 01 January 2017 20,000
Advances or credits repaid: 51
Balance at 31 December 2017 19,949