ESD Consultancy Services Limited Filleted accounts for Companies House (small and micro)

ESD Consultancy Services Limited Filleted accounts for Companies House (small and micro)

ESD CONSULTANCY SERVICES LTD - Company Information

Print Friendly Version

false false false false false false false false false false false false false false false false false No description of principal activity 2018-06-01 Sage Accounts Production Advanced 2019 - FRS102_2014 xbrli:pure xbrli:shares iso4217:GBP 10751403 2018-06-01 2019-05-31 10751403 2019-05-31 10751403 2018-05-31 10751403 2017-05-03 2018-05-31 10751403 2018-05-31 10751403 bus:Director1 2018-06-01 2019-05-31 10751403 core:WithinOneYear 2019-05-31 10751403 core:WithinOneYear 2018-05-31 10751403 core:MotorVehicles 2018-06-01 2019-05-31 10751403 core:ShareCapital 2019-05-31 10751403 core:ShareCapital 2018-05-31 10751403 core:RetainedEarningsAccumulatedLosses 2019-05-31 10751403 core:RetainedEarningsAccumulatedLosses 2018-05-31 10751403 bus:SmallEntities 2018-06-01 2019-05-31 10751403 bus:AuditExemptWithAccountantsReport 2018-06-01 2019-05-31 10751403 bus:FullAccounts 2018-06-01 2019-05-31 10751403 bus:SmallCompaniesRegimeForAccounts 2018-06-01 2019-05-31 10751403 bus:PrivateLimitedCompanyLtd 2018-06-01 2019-05-31
COMPANY REGISTRATION NUMBER: 10751403
ESD CONSULTANCY SERVICES LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 May 2019
ESD CONSULTANCY SERVICES LIMITED
STATEMENT OF FINANCIAL POSITION
31 May 2019
2019
2018
Note
£
£
£
£
FIXED ASSETS
Tangible assets
5
–
450
CURRENT ASSETS
Debtors
6
337
76,485
Cash at bank and in hand
60,835
114,206
--------
---------
61,172
190,691
CREDITORS: amounts falling due within one year
7
10,947
132,756
--------
---------
NET CURRENT ASSETS
50,225
57,935
--------
--------
TOTAL ASSETS LESS CURRENT LIABILITIES
50,225
58,385
--------
--------
NET ASSETS
50,225
58,385
--------
--------
CAPITAL AND RESERVES
Called up share capital
10
10
Profit and loss account
50,215
58,375
--------
--------
SHAREHOLDERS FUNDS
50,225
58,385
--------
--------
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 statement of comprehensive income has not been delivered.
For the year ending 31 May 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
ESD CONSULTANCY SERVICES LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
31 May 2019
These financial statements were approved by the board of directors and authorised for issue on 18 June 2019 , and are signed on behalf of the board by:
D. Hanlon
Director
Company registration number: 10751403
ESD CONSULTANCY SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2019
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 37 York Road, Birkdale, Southport, Merseyside, PR8 2AD.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
(a) Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
(b) Revenue recognition
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. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
(c) Taxation
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.
(d) Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
(e) 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:
Motor Vehicles
-
25% per annum reducing balance
Equipment
-
10% per annum reducing balance
(f) Financial instruments
Basic financial instruments are recognised at amortised cost.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 2 (2018: 2 ).
5. TANGIBLE ASSETS
Motor Vehicles
Equipment
Total
£
£
£
Cost
At 1 June 2018
–
500
500
Additions
3,737
6,773
10,510
Disposals
( 3,737)
( 7,273)
( 11,010)
-------
-------
--------
At 31 May 2019
–
–
–
-------
-------
--------
Depreciation
At 1 June 2018
–
50
50
Charge for the year
934
553
1,487
Disposals
( 934)
( 603)
( 1,537)
-------
-------
--------
At 31 May 2019
–
–
–
-------
-------
--------
Carrying amount
At 31 May 2019
–
–
–
-------
-------
--------
At 31 May 2018
–
450
450
-------
-------
--------
6. DEBTORS
2019
2018
£
£
Trade debtors
–
76,485
Other debtors
337
–
----
--------
337
76,485
----
--------
7. CREDITORS: amounts falling due within one year
2019
2018
£
£
Trade creditors
–
42,522
Accruals and deferred income
1,000
–
Corporation tax
9,930
25,316
Social security and other taxes
–
5,796
Director loan accounts
17
59,122
--------
---------
10,947
132,756
--------
---------
8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES
There are no transactions with directors that require disclosure under FRS 102.
9. RELATED PARTY TRANSACTIONS
The company was under the control of the director throughout the year. During the period the company paid dividends to the director amounting to £35,035.