false false false false false false false false false true false false false false false false false No description of principal activity 2017-08-01 Sage Accounts Production Advanced 2017 Update 2 - FRS xbrli:pure xbrli:shares iso4217:GBP SC482068 2017-08-01 2018-07-31 SC482068 2018-07-31 SC482068 2016-08-01 2017-07-31 SC482068 2017-07-31 SC482068 bus:OrdinaryShareClass1 2017-08-01 2018-07-31 SC482068 bus:Director1 2017-08-01 2018-07-31 SC482068 core:WithinOneYear 2018-07-31 SC482068 core:WithinOneYear 2017-07-31 SC482068 core:ShareCapital 2018-07-31 SC482068 core:ShareCapital 2017-07-31 SC482068 core:RetainedEarningsAccumulatedLosses 2018-07-31 SC482068 core:RetainedEarningsAccumulatedLosses 2017-07-31 SC482068 bus:FRS102 2017-08-01 2018-07-31 SC482068 bus:AuditExempt-NoAccountantsReport 2017-08-01 2018-07-31 SC482068 bus:FullAccounts 2017-08-01 2018-07-31 SC482068 bus:SmallCompaniesRegimeForAccounts 2017-08-01 2018-07-31 SC482068 bus:PrivateLimitedCompanyLtd 2017-08-01 2018-07-31 SC482068 bus:OrdinaryShareClass1 2018-07-31 SC482068 bus:OrdinaryShareClass1 2017-07-31 SC482068 core:AfterOneYear 2018-07-31 SC482068 core:AfterOneYear 2017-07-31
COMPANY REGISTRATION NUMBER: SC482068
22 CONSULTING LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 July 2018
22 CONSULTING LIMITED
FINANCIAL STATEMENTS
YEAR ENDED 31 JULY 2018
Contents
Pages
Balance sheet 1
Notes to the financial statements 2 to 3
22 CONSULTING LIMITED
BALANCE SHEET
31 July 2018
2018
2017
Note
£
£
Current assets
Debtors
5
16,765
26,700
Cash at bank and in hand
259
39
------------
------------
17,024
26,739
Creditors: amounts falling due within one year
6
( 17,016)
( 26,734)
------------
------------
Net current assets
8
5
------------
------------
Total assets less current liabilities
8
5
------------
------------
Capital and reserves
Called up share capital
7
1
1
Profit and loss account
7
4
------------
------------
Members funds
8
5
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the year ending 31 July 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 10 October 2018 , and are signed on behalf of the board by:
Mr J C May
Director
Company registration number: SC482068
22 CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 JULY 2018
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Lunan Lodge, Montrose, Angus, DD10 9TG.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2017: 1 ).
5. Debtors
2018
2017
£
£
Trade debtors
8,647
Director's loan account
11,470
12,898
Section 455 tax
5,155
5,155
Other debtors
140
------------
------------
16,765
26,700
------------
------------
The debtors above include the following amounts falling due after more than one year:
2018
2017
£
£
Section 455 tax
3,986
4,191
------------
------------
6. Creditors: amounts falling due within one year
2018
2017
£
£
Corporation tax
17,016
22,829
Social security and other taxes
3,905
------------
------------
17,016
26,734
------------
------------
7. Called up share capital
Issued, called up and fully paid
2018
2017
No.
£
No.
£
Ordinary shares of £ 1 each
1
1
1
1
------------
------------
------------
------------
8. Director's advances, credits and guarantees
Director's benefits: advances, credit and guarantees Included in debtors is a loan to the director, amounting to : £ Amount outstanding at end of the year 11,470 Amount outstanding at beginning of the year 12,898 Maximum outstanding during the year 12,898
9. Related party transactions
The company is controlled by the director.