Bob Foulkes Professional & Consulting - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 07686072 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2018

for

Bob Foulkes Professional & Consulting

Services Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B Foulkes

Mrs P Foulkes

REGISTERED OFFICE:

37 Woodside Park Avenue

Horsforth

Leeds

West Yorkshire

LS18 4TF

REGISTERED NUMBER:

07686072 (England and Wales)

ACCOUNTANTS:

Sochall Smith Limited

Chartered Accountants

3 Park Square

Leeds

LS1 2NE

FIXED ASSETS

Tangible assets

4

440

797

CURRENT ASSETS

Stocks

-

3,510

Cash at bank

39,862

24,973

39,862

28,483

CREDITORS

Amounts falling due within one year

5

5,716

6,658

NET CURRENT ASSETS

34,146

21,825

TOTAL ASSETS LESS CURRENT LIABILITIES

34,586

22,622

PROVISIONS FOR LIABILITIES

6

91

159

NET ASSETS

34,495

22,463

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

8

34,493

22,461

SHAREHOLDERS' FUNDS

34,495

22,463

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2018 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 17 September 2018 and were signed on its behalf by:

B Foulkes - Director

1.	STATUTORY INFORMATION

Bob Foulkes Professional & Consulting 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

Turnover represents invoices issued for consultancy services provided.

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

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 6 April 2017

and 5 April 2018

3,674

DEPRECIATION

At 6 April 2017

2,877

Charge for year

357

At 5 April 2018

3,234

NET BOOK VALUE

At 5 April 2018

440

At 5 April 2017

797

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Corporation tax

5,236

6,178

Accrued expenses

480

480

5,716

6,658

6.	PROVISIONS FOR LIABILITIES

2018

2017

£

£

Deferred tax

91

159

Deferred

tax

£

Balance at 6 April 2017

159

Accelerated capital allowances

(68

)

Balance at 5 April 2018

91

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

2

Ordinary

£1

2

2

8.

RESERVES

Retained

earnings

£

At 6 April 2017

22,461

Profit for the year

22,032

Dividends

(10,000

)

At 5 April 2018

34,493

9.	ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of Mrs P Foulkes.