The Active Strategist Limited 30/11/2018 iXBRL

THE ACTIVE STRATEGIST LIMITED - Company Information

30/11/2018 2018-11-30 false false false false false false false false false false true false false true false false false false false true false false No description of principal activities is disclosed 2017-12-01 Sage Accounts Production 18.30 Update 1 - FRS xbrli:pure xbrli:shares iso4217:GBP 09314083 2017-12-01 2018-11-30 09314083 2018-11-30 09314083 2017-11-30 09314083 2016-12-01 2017-11-30 09314083 2017-11-30 09314083 core:FurnitureFittingsToolsEquipment 2017-12-01 2018-11-30 09314083 bus:RegisteredOffice 2017-12-01 2018-11-30 09314083 bus:LeadAgentIfApplicable 2017-12-01 2018-11-30 09314083 bus:Director1 2017-12-01 2018-11-30 09314083 core:FurnitureFittingsToolsEquipment 2017-11-30 09314083 core:FurnitureFittingsToolsEquipment 2018-11-30 09314083 core:WithinOneYear 2018-11-30 09314083 core:WithinOneYear 2017-11-30 09314083 core:ShareCapital 2018-11-30 09314083 core:ShareCapital 2017-11-30 09314083 core:RetainedEarningsAccumulatedLosses 2018-11-30 09314083 core:RetainedEarningsAccumulatedLosses 2017-11-30 09314083 core:FurnitureFittingsToolsEquipment 2017-11-30 09314083 bus:Director1 2017-11-30 09314083 bus:Director1 2018-11-30 09314083 bus:Director1 2016-11-30 09314083 bus:Director1 2017-11-30 09314083 bus:Director1 2016-12-01 2017-11-30 09314083 bus:SmallEntities 2017-12-01 2018-11-30 09314083 bus:AuditExemptWithAccountantsReport 2017-12-01 2018-11-30 09314083 bus:FullAccounts 2017-12-01 2018-11-30 09314083 bus:SmallCompaniesRegimeForAccounts 2017-12-01 2018-11-30 09314083 bus:PrivateLimitedCompanyLtd 2017-12-01 2018-11-30

Company registration number: 09314083

The Active Strategist Limited

Unaudited filleted financial statements

30 November 2018

The Active Strategist Limited

Contents

Directors and other information

Accountant's report

Statement of financial position

Notes to the financial statements

The Active Strategist Limited

Directors and other information


	Director	Ms Nicola Crumpton


	Company number	09314083


	Registered office	83 Gloucester Road
		Malmesbury
		Wiltshire
		SN16 0AJ


	Business address	83 Gloucester Road
		Malmesbury
		Wiltshire
		SN16 0AJ


	Accountant	MAN Consulting Ltd
		Vicarage House
		58-60 Kensington Church Street
		London
		W8 4DB




	Bankers	Barclays Bank Plc
		2, Swindon Regent Street
		Leicestershire
		LE87 2BB

The Active Strategist Limited

Report to the director on the preparation of the

unaudited statutory financial statements of The Active Strategist Limited

Year ended 30 November 2018

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of The Active Strategist Limited for the year ended 30 November 2018 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Association of Chartered Certified Accountants, I am subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.

My work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf.

MAN Consulting Ltd

Chartered Certified Accountants

Vicarage House

58-60 Kensington Church Street

London

W8 4DB

31 January 2019

The Active Strategist Limited

Statement of financial position

30 November 2018

		2018		2017
	Note	£	£	£	£

Fixed assets
Tangible assets	5	1,983		1,689
		_______		_______
			1,983		1,689

Current assets
Debtors	6	38,504		21,423
Cash at bank and in hand		59,618		66,198
		_______		_______
		98,122		87,621
Creditors: amounts falling due
within one year	7	( 56,904)		( 46,111)
		_______		_______
Net current assets			41,218		41,510
			_______		_______
Total assets less current liabilities			43,201		43,199

			_______		_______
Net assets			43,201		43,199
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			43,101		43,099
			_______		_______
Shareholder funds			43,201		43,199
			_______		_______

For the year ending 30 November 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 member has 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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 income statement has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 31 January 2019 , and are signed on behalf of the board by:

Ms Nicola Crumpton

Director

Company registration number: 09314083

The Active Strategist Limited

Notes to the financial statements

Year ended 30 November 2018

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 83 Gloucester Road, Malmesbury, Wiltshire, SN16 0AJ.

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 Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and 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 the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	33.33 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2017: 1 ).

5. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 December 2017	2,933	2,933
Additions	1,600	1,600
	_______	_______
At 30 November 2018	4,533	4,533
	_______	_______
Depreciation
At 1 December 2017	1,244	1,244
Charge for the year	1,306	1,306
	_______	_______
At 30 November 2018	2,550	2,550
	_______	_______
Carrying amount
At 30 November 2018	1,983	1,983
	_______	_______
At 30 November 2017	1,689	1,689
	_______	_______

6. Debtors

	2018	2017
	£	£
Trade debtors	35,043	21,423
Other debtors	3,461	-
	_______	_______
	38,504	21,423
	_______	_______

7. Creditors: amounts falling due within one year

	2018	2017
	£	£
Corporation tax	35,148	22,173
Social security and other taxes	21,756	23,023
Other creditors	-	915
	_______	_______
	56,904	46,111
	_______	_______

8. Directors advances, credits and guarantees

	During the year the director entered into the following advances and credits with the company:

2018
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Ms Nicola Crumpton	( 915)	-	1,463	548
		_______	_______	_______	_______

2017
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Ms Nicola Crumpton	( 383)	( 532)	-	( 915)
		_______	_______	_______	_______

9. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value
	2018	2017
	£	£
N Crumpton	147,000	103,000
	_______	_______

Dividends paid in the year to N Crumption a director.