BALANCE PUBLISHING LTD

Company Registration Number:
08398867 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2018

Period of accounts

Start date: 01 May 2017

End date: 30 April 2018

BALANCE PUBLISHING LTD

Contents of the Financial Statements

for the Period Ended 30 April 2018

Balance sheet
Notes

BALANCE PUBLISHING LTD

Balance sheet

As at 30 April 2018


Notes
2018
2017


£
£
Current assets
Debtors:   201,807 338,442
Cash at bank and in hand: 53,318 59,882
Total current assets: 255,125 398,324
Creditors: amounts falling due within one year: 3 (461,024) (674,365)
Net current assets (liabilities): (205,899) (276,041)
Total assets less current liabilities: (205,899) (276,041)
Creditors: amounts falling due after more than one year: 4 (393,010) (250,000)
Total net assets (liabilities): (598,909) (526,041)
Capital and reserves
Called up share capital: 300 300
Share premium account: 249,925 249,925
Profit and loss account: (849,134) (776,266)
Shareholders funds: (598,909) (526,041)

The notes form part of these financial statements

BALANCE PUBLISHING LTD

Balance sheet statements

For the year ending 30 April 2018 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 January 2019
and signed on behalf of the board by:

Name: S Scott
Status: Director

The notes form part of these financial statements

BALANCE PUBLISHING LTD

Notes to the Financial Statements

for the Period Ended 30 April 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

BALANCE PUBLISHING LTD

Notes to the Financial Statements

for the Period Ended 30 April 2018

2. Employees

2018 2017
Average number of employees during the period 11 11

BALANCE PUBLISHING LTD

Notes to the Financial Statements

for the Period Ended 30 April 2018

3. Creditors: amounts falling due within one year note

Trade creditors £195,819Taxation £48,713Other creditors £216,492

BALANCE PUBLISHING LTD

Notes to the Financial Statements

for the Period Ended 30 April 2018

4. Creditors: amounts falling due after more than one year note

Other creditors £393,010