BUSINESS TAX CENTRE LIMITED

Company Registration Number:
04077360 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 June 2015

End date: 31 May 2016

BUSINESS TAX CENTRE LIMITED

Abbreviated Balance sheet

As at 31 May 2016


Notes

2016
£

2015
£
Fixed assets
Tangible assets: 2 3,343 6,908
Total fixed assets: 3,343 6,908
Current assets
Stocks: 260 260
Debtors: 42,357 41,459
Cash at bank and in hand: 7,853 1,665
Total current assets: 50,470 43,384
Creditors: amounts falling due within one year: ( 30,163 ) ( 26,540 )
Net current assets (liabilities): 20,307 16,844
Total assets less current liabilities: 23,650 23,752
Total net assets (liabilities): 23,650 23,752

The notes form part of these financial statements

BUSINESS TAX CENTRE LIMITED

Balance sheet continued

As at 31 May 2016


Notes

2016
£

2015
£
Capital and reserves
Called up share capital: 3 200 200
Profit and loss account: 23,450 23,552
Shareholders funds: 23,650 23,752

For the year ending 31 May 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors on 20 December 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Stephen O'Neill
Status: Director

The notes form part of these financial statements

BUSINESS TAX CENTRE LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

    Turnover policy

    Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

BUSINESS TAX CENTRE LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 2. Tangible assets

    Total
    Cost £
    01 June 2015: 39,355
    Additions: 0
    Disposals: ( 1,500 )
    Revaluations: 0
    Transfers: 0
    31 May 2016: 37,855
    Depreciation
    01 June 2015: 32,447
    Charge for year: 2,065
    On disposals: 0
    Other adjustments: 0
    31 May 2016: 34,512
    Net book value
    31 May 2016: 3,343
    31 May 2015: 6,908

BUSINESS TAX CENTRE LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 200 1.00 200
    Preference shares: 0
    Total share capital (£): 200
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 200 1.00 200
    Preference shares: 0
    Total share capital (£): 200