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REGISTERED NUMBER: 11482360 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

DAVID NEWMAN CONSULTING LTD

DAVID NEWMAN CONSULTING LTD (REGISTERED NUMBER: 11482360)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DAVID NEWMAN CONSULTING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTORS: D Newman
Mrs S Newman





REGISTERED OFFICE: 5 White Oak Square
London Road
Swanley
Kent
BR8 7AG





REGISTERED NUMBER: 11482360 (England and Wales)





ACCOUNTANTS: Sargeant Partnership LLP
Chartered Accountants
5 White Oak Square
London Road
Swanley
Kent
BR8 7AG

DAVID NEWMAN CONSULTING LTD (REGISTERED NUMBER: 11482360)

BALANCE SHEET
31 MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,858 5,007

CURRENT ASSETS
Debtors 5 171,881 33,418
Cash at bank 462,106 90,369
633,987 123,787
CREDITORS
Amounts falling due within one year 6 118,486 34,009
NET CURRENT ASSETS 515,501 89,778
TOTAL ASSETS LESS CURRENT
LIABILITIES

520,359

94,785

PROVISIONS FOR LIABILITIES 7 923 951
NET ASSETS 519,436 93,834

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 519,336 93,734
SHAREHOLDERS' FUNDS 519,436 93,834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

DAVID NEWMAN CONSULTING LTD (REGISTERED NUMBER: 11482360)

BALANCE SHEET - continued
31 MARCH 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 September 2022 and were signed on its behalf by:





D Newman - Director


DAVID NEWMAN CONSULTING LTD (REGISTERED NUMBER: 11482360)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

David Newman Consulting Ltd is a private company, limited by shares , registered in England and Wales. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% per annum on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

DAVID NEWMAN CONSULTING LTD (REGISTERED NUMBER: 11482360)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2021 5,457
Additions 1,087
At 31 March 2022 6,544
DEPRECIATION
At 1 April 2021 450
Charge for year 1,236
At 31 March 2022 1,686
NET BOOK VALUE
At 31 March 2022 4,858
At 31 March 2021 5,007

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors (760 ) -
Other debtors 10,861 -
Directors' loan accounts 161,780 33,418
171,881 33,418

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors (2,340 ) -
Tax 111,360 24,789
Social security and other taxes 2,266 5,620
Accruals and deferred income 7,200 3,600
118,486 34,009

DAVID NEWMAN CONSULTING LTD (REGISTERED NUMBER: 11482360)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

7. PROVISIONS FOR LIABILITIES
2022 2021
£    £   
Deferred tax
Accelerated capital allowances 923 951

Deferred
tax
£   
Balance at 1 April 2021 951
Provided during year (28 )
Balance at 31 March 2022 923

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 April 2021 93,734
Profit for the year 472,602
Dividends (47,000 )
At 31 March 2022 519,336

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the director owed the company £161,780 (2020: £33,418).

11. ULTIMATE CONTROLLING PARTY

D Newman is the ultimate controlling party by virtue of his shareholdings.