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CIRCLE TIME CONSULTANTS LTD - Company Information

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Registered number: 10121082

Circle Time Consultants Ltd

Unaudited Financial Statements

for the period ended 31 March 2019

Statement of Financial Position

as at 31 March 2019

2019

2018

Called up share capital not paid

Fixed assets

1,381

Current assets

18,944

24,067

Prepayments and accrued income

Creditors: amounts falling due within one year

( 5,910 )

( 6,839 )

Net current assets (liabilities)

13,034

17,228

Total assets less current liabilities

13,034

18,609

Creditors: amounts falling due after more than one year

Provisions for liabilities

Accruals and deferred income

Net assets

13,034

18,609

Capital and reserves

13,034

18,609

10121082 2018-05-01 2019-03-31 10121082 2017-05-01 2018-04-30 10121082 2019-03-31 10121082 2018-04-30 10121082 2018-05-01 10121082 uk-frs102:WithinOneYear 2019-03-31 10121082 uk-frs102:AfterOneYear 2019-03-31 10121082 uk-frs102:WithinOneYear 2018-04-30 10121082 uk-frs102:AfterOneYear 2018-04-30 10121082 uk-bus:AuditExempt-NoAccountantsReport 2018-05-01 2019-03-31 10121082 uk-bus:AbbreviatedAccounts 2018-05-01 2019-03-31 10121082 uk-bus:Director1 1 2018-05-01 2019-03-31 10121082 uk-bus:Director2 2 2018-05-01 2019-03-31 10121082 uk-bus:Director1 2018-05-01 2019-03-31 10121082 uk-bus:Director2 2018-05-01 2019-03-31 10121082 uk-bus:Director1 1 2018-05-01 10121082 uk-bus:Director2 2 2018-05-01 10121082 uk-bus:Director1 1 2019-03-31 10121082 uk-bus:Director2 2 2019-03-31 10121082 uk-bus:Micro-entities 2018-05-01 2019-03-31 10121082 uk-bus:PrivateLimitedCompanyLtd 2018-05-01 2019-03-31 iso4217:GBP 10121082 countries:EnglandWales 2018-05-01 2019-03-31 10121082 uk-bus:RegisteredOffice 2018-05-01 2019-03-31

Footnotes to the Statement of Financial Position

1. Arrangements not included in Statement of Financial Position

The company has not entered into any arrangements not shown on the Statement of Financial Position.

2. Average number of employees

The average number of employees in the period was 2.

3. Directors’ benefits: advances, credit and guarantees

Philip Lewis

Included in debtors is an amount payable to the company by one of its directors. The amount is an advance of £300 made to Philip Lewis, a director of the company, on 24/08/2018.

During the accounting period the maximum amount payable by Philip Lewis was £3,112

The following conditions are attached to the amount payable by Philip Lewis:

There is no interest due to be paid on any outstanding amount
No fixed date has been set for the amount to be repaid to the company.

Opening balance 01/05/2018	Additional advance	Amount repaid	Amount written off	Amounts waived	Interest payable	Closing balance 31/03/2019
£	£	£	£	£	£	£
0	( 7,114 ) ( 7,114 )	6,814 6,814	0	0	0	( 300 )

Sally Lewis

Included in debtors is an amount payable to the company by one of its directors. The amount is an advance of £300 made to Sally Lewis, a director of the company, on 24/08/2018.

During the accounting period the maximum amount payable by Sally Lewis was £3,112

The following conditions are attached to the amount payable by Sally Lewis:

There is no interest due to be paid on any outstanding amount
No fixed date has been set for the amount to be repaid to the company.

Opening balance 01/05/2018	Additional advance	Amount repaid	Amount written off	Amounts waived	Interest payable	Closing balance 31/03/2019
£	£	£	£	£	£	£
0	( 7,114 ) ( 7,114 )	6,814 6,814	0	0	0	( 300 )

4. Guarantees, contingencies and other financial commitments

There are no guarantees, contingencies or other commitments not included in the financial statements.

5. Going Concern

The company ceased to trade during the period and the accounts have been prepared on a break-up basis.

Statutory Statements

In accordance with section 414(3) of the Companies Act 2006, these accounts have been prepared in accordance with the FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime for periods commencing on or after 1 January 2016. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the period ending 31/03/2019 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 directors acknowledge their responsibilities for complying with the requirements of Companies Act 2006 with respect to accounting records and the preparation of accounts