Boatman Business Services Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 10347099 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 25 AUGUST 2016 TO 31 AUGUST 2017

FOR

BOATMAN BUSINESS SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr X D Hodivala

Mrs A Hodivala

REGISTERED OFFICE:

15

Heathfield North

Twickenham

London

TW2 7QN

REGISTERED NUMBER:

10347099 (England and Wales)

ACCOUNTANTS:

TaxAgility Accountants Ltd

Chartered Accountants

34 Lower Richmond Road

Putney

London

SW15 1JP

FIXED ASSETS

Property, plant and equipment

4

856

CURRENT ASSETS

Cash at bank

88,435

CREDITORS

Amounts falling due within one year

5

(54,742

)

NET CURRENT ASSETS

33,693

TOTAL ASSETS LESS CURRENT LIABILITIES

34,549

CAPITAL AND RESERVES

Called up share capital

200

Retained earnings

6

34,349

SHAREHOLDERS' FUNDS

34,549

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2017 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 2 May 2018 and were signed on its behalf by:

Mr X D Hodivala - Director

Mrs A Hodivala - Director

1.	STATUTORY INFORMATION

Boatman Business Services Ltd is a private company, limited by shares , registered in 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

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33.3% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	PROPERTY, PLANT AND EQUIPMENT

Computer

equipment

£

COST

Additions

1,020

At 31 August 2017

1,020

DEPRECIATION

Charge for period

164

At 31 August 2017

164

NET BOOK VALUE

At 31 August 2017

856

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

29,936

Other creditors

24,806

54,742

6.

RESERVES

Retained

earnings

£

Profit for the period

98,249

Dividends

(63,900

)

At 31 August 2017

34,349

7.	RELATED PARTY DISCLOSURES

During the period, total dividends of £63,900 were paid to the directors .

It is confirmed that the director's current account is debited with personal transactions and credited with director's

remuneration as well as dividends.

The loan is unsecured, interest free and no repayment terms have been agreed.The balance owing to the director's

Mr X D Hodivala is £399 and Mrs A Hodivala is £22,200

8.	ULTIMATE CONTROLLING PARTY

The company is jointly controlled by both the directors Mr X D Hodivala and Mrs A Hodivala each holding 50 % of

the share capital of the company.