Buchanan Consulting Services Ltd - Accounts to registrar (filleted) - small 18.2

Buchanan Consulting Services Ltd - Accounts to registrar (filleted) - small 18.2

BUCHANAN CONSULTING SERVICES LTD - Company Information

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REGISTERED NUMBER: 09385392 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2019

FOR

BUCHANAN CONSULTING SERVICES LTD
BUCHANAN CONSULTING SERVICES LTD (REGISTERED NUMBER: 09385392)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BUCHANAN CONSULTING SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2019







DIRECTORS: C Buchanan
R R Drayton





REGISTERED OFFICE: Empress House
43A Binley Road
Coventry
CV3 1HU





REGISTERED NUMBER: 09385392 (England and Wales)





ACCOUNTANTS: Walker Thompson Ltd
Accountants and Registered Auditors
Empress House
43A Binley Road
Coventry
CV3 1HU
Page 1
BUCHANAN CONSULTING SERVICES LTD (REGISTERED NUMBER: 09385392)

BALANCE SHEET
31 JANUARY 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 920 606

CURRENT ASSETS
Debtors 5 172,715 29,038
Cash at bank 65,687 46,540
238,402 75,578
CREDITORS
Amounts falling due within one year 6 129,558 36,786
NET CURRENT ASSETS 108,844 38,792
TOTAL ASSETS LESS CURRENT
LIABILITIES
109,764
39,398

PROVISIONS FOR LIABILITIES 175 115
NET ASSETS 109,589 39,283

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 109,579 39,273
SHAREHOLDERS' FUNDS 109,589 39,283

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 notes form part of these financial statements

Page 2 continued...
BUCHANAN CONSULTING SERVICES LTD (REGISTERED NUMBER: 09385392)

BALANCE SHEET - continued
31 JANUARY 2019


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 24 October 2019 and were signed on its behalf by:





C Buchanan - Director


The notes form part of these financial statements

Page 3
BUCHANAN CONSULTING SERVICES LTD (REGISTERED NUMBER: 09385392)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2019

1. STATUTORY INFORMATION

Buchanan Consulting Services Ltd 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.

The presentation currency of the financial statements is the 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.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax. Turnover is recognised in the
accounting period in which the services are carried out.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 33% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

Page 4 continued...
BUCHANAN CONSULTING SERVICES LTD (REGISTERED NUMBER: 09385392)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2019

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 February 2018 909
Additions 925
At 31 January 2019 1,834
DEPRECIATION
At 1 February 2018 303
Charge for year 611
At 31 January 2019 914
NET BOOK VALUE
At 31 January 2019 920
At 31 January 2018 606

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 172,190 29,038
Other debtors 525 -
172,715 29,038

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Taxation and social security 96,119 30,258
Other creditors 33,439 6,528
129,558 36,786

Page 5