Aperio Consulting Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08782221 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2018

for

Aperio Consulting Limited

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

103,562

7,570

CURRENT ASSETS

Debtors

112,935

93,535

Cash at bank

32,099

26,291

145,034

119,826

CREDITORS

Amounts falling due within one year

(78,805

)

(74,669

)

NET CURRENT ASSETS

66,229

45,157

TOTAL ASSETS LESS CURRENT LIABILITIES

169,791

52,727

CREDITORS

Amounts falling due after more than one year

(88,431

)

-

PROVISIONS FOR LIABILITIES

(19,642

)

(3,192

)

NET ASSETS

61,718

49,535

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

61,715

49,532

SHAREHOLDERS' FUNDS

61,718

49,535

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the director on 28 August 2019 and were signed by:

Mrs G A Kempf - Director

1.	STATUTORY INFORMATION

Aperio Consulting Limited is a private company, limited by shares, registered in England and Wales.

The company's registered number 08782221. The registered office is Trojan House, 34 Arcadia

Avenue, London N3 2JU.

The presentation currency of the financial statements is Pound Sterling (£).

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.

Revenue recognition

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the

Company and the revenue can be reliably measured. Revenue is measured as the fair value of the

consideration received or receivable, excluding discounts, rebates, value added tax and other sales

taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are

provided in accordance with the stage of completion of the contract when all of the following conditions

are satisfied:

o the amount of revenue can be measured reliably;

o it is probable that the Company will receive the consideration due under the contract;

o the stage of completion of the contract at the end of the reporting period can be measured reliably;

and

o the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

25% on reducing balance

Financial instruments

The company has entered into basic financial instruments and transactions that result in the

recognition of financial assets and liabilities like other debtors, creditors, hire purchase and loans to

related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each

reporting period for objective evidence of impairment. If objective evidence of impairment is fund, an

impairment loss is recognised in the profit and loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss

account, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 December 2017

23,533

Additions

130,513

At 30 November 2018

154,046

DEPRECIATION

At 1 December 2017

15,963

Charge for year

34,521

At 30 November 2018

50,484

NET BOOK VALUE

At 30 November 2018

103,562

At 30 November 2017

7,570

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

Additions

128,842

At 30 November 2018

128,842

DEPRECIATION

Charge for year

32,211

At 30 November 2018

32,211

NET BOOK VALUE

At 30 November 2018

96,631

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2018

and 30 November 2017:

30.11.18

30.11.17

£

£

Mrs G A Kempf

Balance outstanding at start of year

6,627

36

Amounts advanced

40,481

27,812

Amounts repaid

(43,838

)

(21,221

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,270

6,627