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Consort SE Limited
Registered Number:03475217
For the year ended 31 December 2021
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2021
Consort SE Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
03475217
As at 31 December 2021
Consort SE Limited
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
270
337
2
3
1,190,000
1,145,000
Investment property
1,190,270
1,145,337
Current assets
Trade and other receivables
34,097
33,105
4
60,922
Cash and cash equivalents
49,214
82,319
95,019
Trade and other payables: amounts falling due within one
year
(150,289)
(180,240)
5
(55,270)
(97,921)
Net current liabilities
Total assets less current liabilities
1,092,349
1,090,067
Trade and other payables: amounts falling due after more
than one year
(89,050)
(31,345)
6
(88,533)
(88,533)
Provisions for liabilities
972,471
Net assets
912,484
Capital and reserves
Called up share capital
100
100
Fair value reserve
637,207
590,307
Retained earnings
335,164
322,077
972,471
912,484
Shareholders' funds
For the year ended 31 December 2021 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 of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
03475217
For the year ended 31 December 2021
Consort SE Limited
Statement of Financial Position Continued
S Selby Director
These financial statements were approved and authorised for issue by the Board on 24 May 2022 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 December 2021
Consort SE Limited
Notes to the Financial Statements
Statutory Information
Consort SE Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 03475217.
Registered address:
4 Creve Coeur Close
Bearsted
Maidstone
Kent
ME14 4PR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the rents receivable.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% Reducing balance
Fixtures, Fittings & Equipment
Investment property
Investment property is shown at most recent fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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6
For the year ended 31 December 2021
Consort SE Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Fixtures,
Fittings &
Equipment
£
Cost or
valuation
At 01 January 2021
14,389
At 31 December 2021
14,389
Provision for depreciation and impairment
At 01 January 2021
14,052
Charge for year
67
At 31 December 2021
14,119
At 31 December 2021
Net book value
270
At 31 December 2020
337
3. Investment property
Total
£
Fair value
At 01 January 2021
1,145,000
Fair value adjustments
45,000
At 31 December 2021
1,190,000
Net book value
At 31 December 2021
1,190,000
At 31 December 2020
1,145,000
4. Trade and other receivables
2020
2021
£
£
Other debtors
33,105
34,097
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7
For the year ended 31 December 2021
Consort SE Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Bank loans and overdraft (secured)
57,600
2,500
Taxation and social security
4,662
4,750
Other creditors
117,978
143,039
180,240
150,289
6. Trade and other payables: amounts falling due after more than one year
2020
2021
£
£
Bank loans and overdraft (secured)
31,345
89,050
Analysis of creditors falling due after more than five years:
Payable otherwise than by instalments
0
69,446
Payable by instalments
6,499
9,604
7. Average number of persons employed
During the year the average number of employees was 1 (2020 : 1)
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