The Awareness Centre Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06194423 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2019

for

The Awareness Centre Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss M McCarthy

J A McCarthy

REGISTERED OFFICE:

c/o Gorrie Whitson Limited

1st Floor, Cromwell House

14 Fulwood Place

London

WC1V 6HZ

REGISTERED NUMBER:

06194423 (England and Wales)

ACCOUNTANTS:

Gorrie Whitson Limited

1st Floor, Cromwell House

14 Fulwood Place

London

WC1V 6HZ

FIXED ASSETS

Intangible assets

4

18,000

20,250

Tangible assets

5

185,095

210,196

203,095

230,446

CURRENT ASSETS

Debtors

6

100,939

74,204

Cash at bank and in hand

18,168

7,214

119,107

81,418

CREDITORS

Amounts falling due within one year

7

213,316

276,745

NET CURRENT LIABILITIES

(94,209

)

(195,327

)

TOTAL ASSETS LESS CURRENT LIABILITIES

108,886

35,119

PROVISIONS FOR LIABILITIES

13,810

17,302

NET ASSETS

95,076

17,817

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

94,976

17,717

SHAREHOLDERS' FUNDS

95,076

17,817

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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.

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.

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 on 11 September 2019 and were signed on its behalf by:

Miss M McCarthy - Director

1.	STATUTORY INFORMATION

The Awareness Centre Limited 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any

accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

5% on reducing balance

Fixtures, fittings & equipment

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2018 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2018

and 31 March 2019

45,000

AMORTISATION

At 1 April 2018

24,750

Charge for year

2,250

At 31 March 2019

27,000

NET BOOK VALUE

At 31 March 2019

18,000

At 31 March 2018

20,250

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures,

to

fittings

Computer

property

& equipment

equipment

Totals

£

£

£

£

COST

At 1 April 2018

135,980

142,281

21,269

299,530

Additions

-

1,979

3,551

5,530

Disposals

-

(31,979

)

-

(31,979

)

At 31 March 2019

135,980

112,281

24,820

273,081

DEPRECIATION

At 1 April 2018

22,689

60,758

5,887

89,334

Charge for year

5,668

20,724

4,239

30,631

Eliminated on disposal

-

(31,979

)

-

(31,979

)

At 31 March 2019

28,357

49,503

10,126

87,986

NET BOOK VALUE

At 31 March 2019

107,623

62,778

14,694

185,095

At 31 March 2018

113,291

81,523

15,382

210,196

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade debtors

12,527

5,325

Other debtors

88,412

68,879

100,939

74,204

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Bank loans and overdrafts

10,580

31,162

Payments on account

15,302

13,039

Trade creditors

80,332

66,785

Taxation and social security

73,080

57,781

Other creditors

34,022

107,978

213,316

276,745

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £148,000 (2018 - £93,750) were paid to the directors .

1. The company's ultimate controlling party is Michaela McCarthy, a director.

2. During the year, the company paid rent for the trading premises of £48,000 (2018 - £48,000) to Michaela McCarthy, a

director.

3. At the year end, a balance of £11,500 (2018 - £4,674) was payable to The Awareness Centre & Associates Limited, an

associate company with a director under common control. This amount is included within Other Creditors (Note 8).