Safer Business Network Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07534018 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2018

for

Safer Business Network Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Glanz

J James

Cllr T J Mitchell

S M Turner

K White

Ms C Y W Yau

Ms F R Boardman

S M Letchford

R H Kirk

REGISTERED OFFICE:

First Floor

8-11 Pavilion Buildings

Brighton

East Sussex

BN1 1EE

REGISTERED NUMBER:

07534018 (England and Wales)

ACCOUNTANTS:

Ghiaci Goodhand Smith Limited

12a Marlborough Place

BRIGHTON

East Sussex

BN1 1WN

FIXED ASSETS

Tangible assets

4

257,136

255,021

CURRENT ASSETS

Debtors

5

115,874

141,805

Cash at bank and in hand

61,322

31,030

177,196

172,835

CREDITORS

Amounts falling due within one year

6

185,265

205,989

NET CURRENT LIABILITIES

(8,069

)

(33,154

)

TOTAL ASSETS LESS CURRENT LIABILITIES

249,067

221,867

RESERVES

Income and expenditure account

7

249,067

221,867

249,067

221,867

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 surplus or deficit 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 4 December 2018 and were signed on its behalf by:

J Glanz - Director

1.	STATUTORY INFORMATION

Safer Business Network Ltd is a private company, limited by guarantee , 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 net invoiced sales of services, excluding value added tax.

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

-

10% on cost

Computer equipment

-

25% on reducing balance

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 18 (2017 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 May 2017

338,858

5,527

344,385

Additions

30,944

292

31,236

At 30 April 2018

369,802

5,819

375,621

DEPRECIATION

At 1 May 2017

86,844

2,520

89,364

Charge for year

28,296

825

29,121

At 30 April 2018

115,140

3,345

118,485

NET BOOK VALUE

At 30 April 2018

254,662

2,474

257,136

At 30 April 2017

252,014

3,007

255,021

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Trade debtors

106,060

130,975

Staff loans

2,460

3,517

Prepayments and accrued income

7,354

7,313

115,874

141,805

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Trade creditors

26,163

57,834

Social security and other taxes

5,915

5,475

VAT

15,274

5,325

Other creditors

135,700

135,700

Credit card

1,563

1,005

Accrued expenses

650

650

185,265

205,989

7.

RESERVES

Income

and

expenditure

account

£

At 1 May 2017

221,867

Surplus for the year

27,200

At 30 April 2018

249,067

8.	LIMITED BY GUARANTEE

The company is limited by guarantee and, consequently, has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event

of a winding up, such an amount as may be required not exceeding £1.

9.	CONTROLLING PARTY

The company is under the control of its members.