Bridgepoint Business Solutions Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08920401 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

BRIDGEPOINT BUSINESS SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr G C Buckle

REGISTERED OFFICE:

20-22 Wenlock Road

LONDON

N1 7GU

REGISTERED NUMBER:

08920401 (England and Wales)

ACCOUNTANTS:

Rigel Wolf Ltd

Chartered Accountants

Orion House

28A Spital Terrace

GAINSBOROUGH

Lincolnshire

DN21 2HQ

FIXED ASSETS

Tangible assets

4

2,191

1,212

CURRENT ASSETS

Debtors

5

6,171

36,444

Cash at bank

24,800

9,152

30,971

45,596

CREDITORS

Amounts falling due within one year

6

3,182

13,651

NET CURRENT ASSETS

27,789

31,945

TOTAL ASSETS LESS CURRENT LIABILITIES

29,980

33,157

PROVISIONS FOR LIABILITIES

7

372

185

NET ASSETS

29,608

32,972

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

9

29,607

32,971

SHAREHOLDERS' FUNDS

29,608

32,972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 20 August 2018 and were signed by:

Mr G C Buckle - Director

1.	STATUTORY INFORMATION

Bridgepoint Business Solutions 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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year 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 year 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2017

-

120

2,261

2,381

Additions

1,499

-

-

1,499

At 31 March 2018

1,499

120

2,261

3,880

DEPRECIATION

At 1 April 2017

-

46

1,123

1,169

Charge for year

225

11

284

520

At 31 March 2018

225

57

1,407

1,689

NET BOOK VALUE

At 31 March 2018

1,274

63

854

2,191

At 31 March 2017

-

74

1,138

1,212

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

5,880

36,444

Directors' current accounts

291

-

6,171

36,444

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Tax

186

173

Social security and other taxes

464

291

VAT

2,071

7,825

Directors' current accounts

-

4,902

Accruals and deferred income

461

460

3,182

13,651

7.	PROVISIONS FOR LIABILITIES

31.3.18

31.3.17

£

£

Deferred tax

372

185

Deferred

tax

£

Balance at 1 April 2017

185

Accelerated capital allowances

196

Change in tax rates

(9

)

Balance at 31 March 2018

372

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.18

31.3.17

value:

£

£

1

Ordinary

£1

1

1

9.

RESERVES

Retained

earnings

£

At 1 April 2017

32,971

Profit for the year

1,636

Dividends

(5,000

)

At 31 March 2018

29,607

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2018 and

31 March 2017:

31.3.18

31.3.17

£

£

Mr G C Buckle

Balance outstanding at start of year

-

-

Amounts advanced

291

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

291

-

This balance was repaid in July 2018.

During the year, Mr G C Buckle - the sole director and 100% shareholder - charged the company £510

(2017 - £510) for use of home as office.

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £5,000 (2017 - £5,000) were paid to the director .

At 31 March 2018 there was a balance owed to the company by Mr G C Buckle - the sole director and

100% shareholder - of £291 (2017 -owed by the company £4,902).

This balance has been shown in Debtors (2017 - Creditors).

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr G C Buckle.