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REGISTERED NUMBER: SC003234 (Scotland)




































Unaudited Financial Statements

for the Year Ended 31 December 2016

for

British Money Limited

British Money Limited (Registered number: SC003234)






Contents of the Financial Statements
for the Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


British Money Limited

Company Information
for the Year Ended 31 December 2016







DIRECTORS: Mrs S A Burgess
S L Burgess





SECRETARY: A W Burgess





REGISTERED OFFICE: 4th Floor
115 George Street
Edinburgh
EH2 4JN





REGISTERED NUMBER: SC003234 (Scotland)





ACCOUNTANTS: Paterson Brodie
Cliveden Chambers
Cliveden Place
Longton
Stoke-on-Trent
Staffordshire
ST3 4JB

British Money Limited (Registered number: SC003234)

Balance Sheet
31 December 2016

31.12.16 31.12.15
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 2,393 1,855
Tangible assets 4 - -
Investments 5 14 14
2,407 1,869

CURRENT ASSETS
Debtors 6 14,407 15,039
Cash at bank - 10,022
14,407 25,061
CREDITORS
Amounts falling due within one year 7 2,309 3,064
NET CURRENT ASSETS 12,098 21,997
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,505

23,866

CAPITAL AND RESERVES
Called up share capital 1,500 1,500
Subordinated loan - Mr S Burgess 80,000 80,000
Subordinated loan - Mrs S Burgess 80,000 80,000
Directors loan accounts 470 -
Retained earnings (147,465 ) (137,634 )
SHAREHOLDERS' FUNDS 14,505 23,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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.

British Money Limited (Registered number: SC003234)

Balance Sheet - continued
31 December 2016


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 22 February 2017 and were signed on its behalf
by:





S L Burgess - Director


British Money Limited (Registered number: SC003234)

Notes to the Financial Statements
for the Year Ended 31 December 2016

1. STATUTORY INFORMATION

British Money Limited is a private company, limited by shares , registered in Scotland. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Trademarks and domain names are being amortised evenly over their estimated useful life of two years.

Computer software is being amortised evenly over its estimated useful life of two years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33.33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 that have been enacted or
substantively enacted by the balance sheet date.

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

British Money Limited (Registered number: SC003234)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

3. INTANGIBLE FIXED ASSETS
Trademarks
and
domain Computer
names software Totals
£    £    £   
COST
At 1 January 2016 23,014 17,712 40,726
Additions 3,238 1,008 4,246
At 31 December 2016 26,252 18,720 44,972
AMORTISATION
At 1 January 2016 22,724 16,147 38,871
Amortisation for year 1,909 1,799 3,708
At 31 December 2016 24,633 17,946 42,579
NET BOOK VALUE
At 31 December 2016 1,619 774 2,393
At 31 December 2015 290 1,565 1,855

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2016
and 31 December 2016 7,197
DEPRECIATION
At 1 January 2016
and 31 December 2016 7,197
NET BOOK VALUE
At 31 December 2016 -
At 31 December 2015 -

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2016
and 31 December 2016 14
NET BOOK VALUE
At 31 December 2016 14
At 31 December 2015 14

British Money Limited (Registered number: SC003234)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Amounts owed by group undertakings 14,407 14,407
Prepayments - 632
14,407 15,039

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade creditors - 139
Accrued expenses 2,309 2,925
2,309 3,064