Company Registration No. 10087338 (England and Wales)
CIT Consulting Ltd
Unaudited accounts
for the year ended 31 March 2022
CIT Consulting Ltd
Unaudited accounts
Contents
CIT Consulting Ltd
Company Information
for the year ended 31 March 2022
Director
Rogerio Citro de Oliveira
Company Number
10087338 (England and Wales)
Registered Office
1 Victor House
Barnet Road
London Colney
Hertfordshire
AL2 1BJ
United Kingdom
Accountants
Trimantic Accountants
1 Victor House
Barnet Road
London Colney
AL2 1BJ
CIT Consulting Ltd
Statement of financial position
as at 31 March 2022
Tangible assets
1,393
1,270
Cash at bank and in hand
166,599
166,341
Creditors: amounts falling due within one year
(30,755)
(31,475)
Net current assets
153,784
152,806
Net assets
155,177
154,076
Called up share capital
1
1
Profit and loss account
155,176
154,075
Shareholders' funds
155,177
154,076
For the year ending 31 March 2022 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.
The financial statements were approved by the Board and authorised for issue on 15 August 2022 and were signed on its behalf by
Rogerio Citro de Oliveira
Director
Company Registration No. 10087338
CIT Consulting Ltd
Notes to the Accounts
for the year ended 31 March 2022
CIT Consulting Ltd is a private company, limited by shares, registered in England and Wales, registration number 10087338. The registered office is 1 Victor House, Barnet Road, London Colney, Hertfordshire, AL2 1BJ, United Kingdom.
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.
These financial statements for the year ended 31 March 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2020.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
3 years - straight line
4
Tangible fixed assets
Computer equipment
CIT Consulting Ltd
Notes to the Accounts
for the year ended 31 March 2022
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
17,940
17,940
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
9,881
26,598
Loans from directors
15,405
4,877
7
Average number of employees
During the year the average number of employees was 1 (2021: 1).