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REGISTERED NUMBER: SC395131 (Scotland)















RAFFORD CONSULTING LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018






RAFFORD CONSULTING LIMITED (REGISTERED NUMBER: SC395131)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


RAFFORD CONSULTING LIMITED

COMPANY INFORMATION
for the year ended 31 March 2018







DIRECTORS: P L Taylor
Mrs J C Taylor





REGISTERED OFFICE: Balnagreine
Rafford
Forres
IV36 2RR





REGISTERED NUMBER: SC395131 (Scotland)





ACCOUNTANTS: MacKenzie Kerr Limited
Chartered Accountants
Redwood
19 Culduthel Road
Inverness
IV2 4AA

RAFFORD CONSULTING LIMITED (REGISTERED NUMBER: SC395131)

BALANCE SHEET
31 March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 688 -

CURRENT ASSETS
Cash at bank 58,055 82,905

CREDITORS
Amounts falling due within one year 5 1,108 1,931
NET CURRENT ASSETS 56,947 80,974
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,635

80,974

CAPITAL AND RESERVES
Allotted, called up and fully
paid share capital 100 100
Profit and loss account -
distributable 57,535 80,874
SHAREHOLDERS' FUNDS 57,635 80,974

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

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

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 7 November 2018 and were signed on
its behalf by:





Mrs J C Taylor - Director


RAFFORD CONSULTING LIMITED (REGISTERED NUMBER: SC395131)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2018


1. STATUTORY INFORMATION

Rafford Consulting 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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover
Revenue represents the invoiced value of consultancy services provided during the period. Sales of
services are recognised in the accounting period in which services are rendered, by reference to
completion of the specific transaction assessed on the basis of the actual services provided as a
proportion of the total services to be provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 15% on reducing balance
Computer equipment - 33% on cost

Fixed assets are stated at cost, being purchase price less accumulated depreciation.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss)
for the current or past reporting periods. It is measured at the amount expected to be paid or
recovered using the tax rates and laws that have been enacted or substantively enacted by the
balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the
financial statements of current and previous periods. It is recognised in respect of all timing
differences, with certain exceptions. Timing differences are differences between taxable profits and
total comprehensive income as stated in the financial statements that arise from the inclusion of
income and expense in tax assessments in periods different from those in which they are recognised
in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively
enacted by the balance sheet date that are expected to apply to the reversal of timing differences.
Deferred tax on revalued, non-depreciable tangible fixed assets and investment properties is
measured using the rates and allowances that apply to the sale of the asset.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest and receivable or payable within one year are recorded at
transaction price. Any losses arising from impairment are recognised in the profit and loss account in
other administrative expenses.

RAFFORD CONSULTING LIMITED (REGISTERED NUMBER: SC395131)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2018


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

4. TANGIBLE FIXED ASSETS
Office Computer
equipment equipment Totals
£    £    £   
COST
At 1 April 2017 - 1,835 1,835
Additions 200 510 710
At 31 March 2018 200 2,345 2,545
DEPRECIATION
At 1 April 2017 - 1,835 1,835
Charge for year 8 14 22
At 31 March 2018 8 1,849 1,857
NET BOOK VALUE
At 31 March 2018 192 496 688
At 31 March 2017 - - -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security - 65
Other creditors 1,108 1,866
1,108 1,931