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Company Registration No. 5125168 (England and Wales)
Finlay Consulting Limited Unaudited accounts for the year ended 31 March 2018
Finlay Consulting Limited Unaudited accounts Contents
Page
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Finlay Consulting Limited Company Information for the year ended 31 March 2018
Director
Henry Coates
Company Number
5125168 (England and Wales)
Registered Office
Lower Rudge Farm, Lower Rudge FROME BA11 2QE
Accountants
Witcombs Turnfields Gate THATCHAM Berks RG19 4PT
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Finlay Consulting Limited Statement of financial position as at 31 March 2018
2018 
2017 
Notes
£ 
£ 
Fixed assets
Intangible assets
30,000 
40,000 
Tangible assets
- 
228 
30,000 
40,228 
Current assets
Debtors
12,208 
30,853 
Cash at bank and in hand
187,796 
156,720 
200,004 
187,573 
Creditors: amounts falling due within one year
(209,577)
(228,346)
Net current liabilities
(9,573)
(40,773)
Net assets/(liabilities)
20,427 
(545)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
20,425 
(547)
Shareholders' funds
20,427 
(545)
For the year ending 31 March 2018 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 12 November 2018.
Henry Coates Director Company Registration No. 5125168
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Finlay Consulting Limited Notes to the Accounts for the year ended 31 March 2018
1
Statutory information
Finlay Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 5125168. The registered office is Lower Rudge Farm, Lower Rudge, FROME, BA11 2QE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% on cost
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation, and is being written off over 10 years.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2017
100,000 
At 31 March 2018
100,000 
Amortisation
At 1 April 2017
60,000 
Charge for the year
10,000 
At 31 March 2018
70,000 
Net book value
At 31 March 2018
30,000 
At 31 March 2017
40,000 
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Finlay Consulting Limited Notes to the Accounts for the year ended 31 March 2018
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2017
910 
At 31 March 2018
910 
Depreciation
At 1 April 2017
682 
Charge for the year
228 
At 31 March 2018
910 
Net book value
At 31 March 2018
- 
At 31 March 2017
228 
6
Debtors
2018 
2017 
£ 
£ 
Trade debtors
12,208 
30,853 
7
Creditors: amounts falling due within one year
2018 
2017 
£ 
£ 
Taxes and social security
35,251 
7,834 
Loans from directors
163,109 
206,347 
Accruals
11,217 
14,165 
209,577 
228,346 
8
Average number of employees
During the year the average number of employees was 0 (2017: 1).
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