Fraser IT Consulting Ltd - Period Ending 2019-03-31

Registration number: 06583792

Fraser IT Consulting Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2019

Sherwin Currid Accountancy Limited
Chartered Certified Accountants
32 London Road
Guildford
Surrey
GU1 2AB

 

Fraser IT Consulting Ltd

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 5
Notes to the Unaudited Financial Statements	4

Fraser IT Consulting Ltd

Company Information

Directors

Mr T Fraser Mrs S Fraser

Registered office

Coltsfoot Crest Hill Peaslake Guildford Surrey GU5 9PE

Bankers

Barclays Bank 25 Cheetham Hill Road Manchester Greater Manchester M4 4FL

Accountants

Sherwin Currid Accountancy Limited Chartered Certified Accountants 32 London Road Guildford Surrey GU1 2AB

Page 1

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Fraser IT Consulting Ltd
for the Year Ended 31 March 2019

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Fraser IT Consulting Ltd for the year ended 31 March 2019 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of Fraser IT Consulting Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Fraser IT Consulting Ltd and state those matters that we have agreed to state to the Board of Directors of Fraser IT Consulting Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.doc.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fraser IT Consulting Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Fraser IT Consulting Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Fraser IT Consulting Ltd. You consider that Fraser IT Consulting Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Fraser IT Consulting Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Sherwin Currid Accountancy Limited
Chartered Certified Accountants
32 London Road
Guildford
Surrey
GU1 2AB

18 November 2019

Page 2

Fraser IT Consulting Ltd

(Registration number: 06583792)
Balance Sheet as at 31 March 2019

	31 March 2019 £	31 March 2018 £
Fixed assets	532	557
Current assets	93,275	86,519
Prepayments and accrued income	-	255
Creditors: Amounts falling due within one year	(24,049)	(22,773)
Net current assets	69,226	64,001
Total assets less current liabilities	69,758	64,558
Accruals and deferred income	-	(567)
	69,758	63,991
Capital and reserves	69,758	63,991

Page 3

Fraser IT Consulting Ltd

(Registration number: 06583792)
Balance Sheet as at 31 March 2019

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Coltsfoot Crest Hill
Peaslake
Guildford
Surrey
GU5 9PE
England

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2018 - 2).

3	Related party transactions

Transactions with directors

2019	At 1 April 2018 £	Repayments by director £	At 31 March 2019 £
Mrs S Fraser
Balance at start of the period	10,000	-	10,000
Repayments by the director	-	(10,000)	(10,000)
	10,000	(10,000)	-
Mr T Fraser
Balance at start of the period	9,788	-	9,788
Repayments by the director	-	(9,788)	(9,788)
	9,788	(9,788)	-

Page 4

Fraser IT Consulting Ltd

(Registration number: 06583792)
Balance Sheet as at 31 March 2019

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 18 November 2019 and signed on its behalf by:
 

.........................................

Mr T Fraser

Director

Page 5