It's Your Business Limited - Accounts to registrar (filleted) - small 18.1

It's Your Business Limited - Accounts to registrar (filleted) - small 18.1

IT'S YOUR BUSINESS LIMITED - Company Information

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REGISTERED NUMBER: 10451664 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

28 OCTOBER 2016 TO 31 OCTOBER 2017

FOR

It's Your Business Limited
Connolly Accountants & Business Advisors LTD
Chartered Certified Accountants
The Stable Yard
Vicarage Road
Stony Stratford
Milton Keynes
Buckinghamshire
MK11 1BN








It's Your Business Limited (Registered number: 10451664)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 28 OCTOBER 2016 TO 31 OCTOBER 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


It's Your Business Limited

COMPANY INFORMATION
FOR THE PERIOD 28 OCTOBER 2016 TO 31 OCTOBER 2017







DIRECTOR: S Graham





REGISTERED OFFICE: The Stable Yard
Vicarage Road
Stony Stratford
Milton Keynes
Buckinghamshire
MK11 1BN





REGISTERED NUMBER: 10451664 (England and Wales)





ACCOUNTANTS: Connolly Accountants & Business Advisors LTD
Chartered Certified Accountants
The Stable Yard
Vicarage Road
Stony Stratford
Milton Keynes
Buckinghamshire
MK11 1BN
1
It's Your Business Limited (Registered number: 10451664)

BALANCE SHEET
31 OCTOBER 2017

Notes £    £   
FIXED ASSETS
Tangible assets 4 25,526

CURRENT ASSETS
Debtors 5 100

CREDITORS
Amounts falling due within one year 6 25,526
NET CURRENT LIABILITIES (25,426 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
100

CAPITAL AND RESERVES
Called up share capital 100
SHAREHOLDERS' FUNDS 100

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

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

The director acknowledges his 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 director on 1 June 2018 and were signed by:





S Graham - Director


The notes form part of these financial statements

2
It's Your Business Limited (Registered number: 10451664)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 28 OCTOBER 2016 TO 31 OCTOBER 2017

1. STATUTORY INFORMATION

It's Your Business Limited 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
Turnover 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.
Fixtures and fittings - 4 years

Taxation
Taxation for the period 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted
or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

3 continued...
It's Your Business Limited (Registered number: 10451664)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 28 OCTOBER 2016 TO 31 OCTOBER 2017

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
Additions 25,800
At 31 October 2017 25,800
DEPRECIATION
Charge for period 274
At 31 October 2017 274
NET BOOK VALUE
At 31 October 2017 25,526

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 1,232
Other creditors 24,294
25,526

4