Back in Touch Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06832376 (England and Wales)

Back in Touch Limited

Financial Statements

for the Year Ended 28 February 2018

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

P S H Miller

Mrs N L Miller

REGISTERED OFFICE:

24 Cornwall Road

Dorchester

Dorset

DT1 1RX

REGISTERED NUMBER:

06832376 (England and Wales)

ACCOUNTANTS:

Read Woodruff

Chartered Accountants

24 Cornwall Road

Dorchester

Dorset

DT1 1RX

FIXED ASSETS

Property, plant and equipment

4

8,503

10,003

CURRENT ASSETS

Debtors

5

-

175

Cash at bank

4,255

6,916

4,255

7,091

CREDITORS

Amounts falling due within one year

6

7,504

7,031

NET CURRENT (LIABILITIES)/ASSETS

(3,249

)

60

TOTAL ASSETS LESS CURRENT LIABILITIES

5,254

10,063

PROVISIONS FOR LIABILITIES

1,544

1,908

NET ASSETS

3,710

8,155

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

3,708

8,153

SHAREHOLDERS' FUNDS

3,710

8,155

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 14 November 2018 and were signed on its behalf by:

P S H Miller - Director

1.	STATUTORY INFORMATION

Back in Touch 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

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.

Fixtures, fittings, equipment

-

15% 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 statement of financial position date.

Deferred tax

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

statement of financial position 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.

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 year was 2 (2017 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures,

fittings,

equipment

£

COST

At 1 March 2017

and 28 February 2018

15,817

DEPRECIATION

At 1 March 2017

5,814

Charge for year

1,500

At 28 February 2018

7,314

NET BOOK VALUE

At 28 February 2018

8,503

At 28 February 2017

10,003

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

-

175

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

UK corporation tax

5,332

4,391

Tax and social security costs

137

65

Directors' current accounts

425

965

Accruals and deferred income

1,610

1,610

7,504

7,031

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £26,000 (2017 - £12,000) were paid to the directors .