REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ABBREVIATED UNAUDITED ACCOUNTS |
|
FOR THE PERIOD 1 JULY 2013 TO 31 DECEMBER 2014 |
|
FOR |
|
SIMPLY BECAUSE LIMITED |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ABBREVIATED UNAUDITED ACCOUNTS |
|
FOR THE PERIOD 1 JULY 2013 TO 31 DECEMBER 2014 |
|
FOR |
|
SIMPLY BECAUSE LIMITED |
SIMPLY BECAUSE LIMITED (REGISTERED NUMBER: 06721570) |
|
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE PERIOD 1 JULY 2013 TO 31 DECEMBER 2014 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Abbreviated Balance Sheet | 2 |
|
Notes to the Abbreviated Accounts | 4 |
|
Chartered Accountants' Report | 6 |
SIMPLY BECAUSE LIMITED |
|
COMPANY INFORMATION |
FOR THE PERIOD 1 JULY 2013 TO 31 DECEMBER 2014 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
|
|
|
|
|
SIMPLY BECAUSE LIMITED (REGISTERED NUMBER: 06721570) |
|
ABBREVIATED BALANCE SHEET |
31 DECEMBER 2014 |
|
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
|
|
Tangible assets | 3 |
|
|
|
|
|
CURRENT ASSETS |
Debtors |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
PROVISIONS FOR LIABILITIES |
|
|
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 4 |
|
|
Profit and loss account |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
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. |
SIMPLY BECAUSE LIMITED (REGISTERED NUMBER: 06721570) |
|
ABBREVIATED BALANCE SHEET - continued |
31 DECEMBER 2014 |
|
|
|
|
|
The financial statements were approved by the Board of Directors on
|
|
|
|
|
|
|
|
SIMPLY BECAUSE LIMITED (REGISTERED NUMBER: 06721570) |
|
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE PERIOD 1 JULY 2013 TO 31 DECEMBER 2014 |
|
|
1. | ACCOUNTING POLICIES |
|
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
Turnover |
Turnover represents net invoiced sales of services, excluding value added tax. |
|
Turnover comprises marketing services provided to customers during the financial period. It is recognised after |
the service has been provided. It is valued according to the rate agreed with the customer, which is usually based |
on time spent on the project multiplied by a charge-out rate. |
|
Goodwill |
Goodwill, being the amount paid in connection with the acquisition of the assets of BEcause Limited (In |
Administration) on 22 June 2011, will be amortised evenly over its estimated useful life of 3 years. |
|
Tangible fixed assets |
|
|
Fixtures and fittings | - |
|
Motor vehicles | - |
|
Computer equipment | - |
|
|
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
|
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 the profit and loss account in the period to which they relate. |
|
Operating leases |
Rentals under operating leases are charged to the profit and loss account on a straight line basis over the lease |
term. |
|
Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight line basis |
over the period until the date the rent is expected to be adjusted to the prevailing market rate. |
|
Intellectual property |
Being the amount paid to acquire the right to use the intellectual property of Simply Because Limited employees, |
will be amortised evenly over its estimated useful life of 3 years. |
SIMPLY BECAUSE LIMITED (REGISTERED NUMBER: 06721570) |
|
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE PERIOD 1 JULY 2013 TO 31 DECEMBER 2014 |
|
|
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 July 2013 |
|
Additions |
|
At 31 December 2014 |
|
AMORTISATION |
At 1 July 2013 |
|
Amortisation for period |
|
At 31 December 2014 |
|
NET BOOK VALUE |
|
At 31 December 2014 |
|
At 30 June 2013 |
|
|
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 July 2013 |
|
Additions |
|
Disposals | ( |
) |
At 31 December 2014 |
|
DEPRECIATION |
At 1 July 2013 |
|
Charge for period |
|
Eliminated on disposal | ( |
) |
At 31 December 2014 |
|
NET BOOK VALUE |
At 31 December 2014 |
|
At 30 June 2013 |
|
|
4. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
|
Ordinary | £1 |
|
|
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
SIMPLY BECAUSE LIMITED |
|
|
The following reproduces the text of the report prepared for the directors in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) |
have been prepared. |
|
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Simply BEcause Limited for the period ended 31 December 2014 which comprise the Profit and |
Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and |
explanations you have given us. |
|
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
|
This report is made solely to the Board of Directors of Simply BEcause Limited, as a body, in accordance with the terms of our engagement letter dated 8 August 2011. Our work has been undertaken solely to prepare for your approval the financial statements of Simply BEcause Limited and state those matters that we have agreed to state to the Board of Directors of Simply BEcause Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
|
It is your duty to ensure that Simply BEcause Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Simply BEcause Limited. You consider that Simply BEcause Limited is exempt from the statutory audit requirement for the period. |
|
We have not been instructed to carry out an audit or a review of the financial statements of Simply BEcause Limited. For |
this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations |
you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
|
|
|
|
|
|
|
Chartered Accountants |
|
|
|
|
|
|
|
29 June 2015 |