David Charles Consulting (Beverley) Limi - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03628029 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2019

for

David Charles Consulting (Beverley)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D C Patterson

REGISTERED OFFICE:

39 Rowan Avenue

Beverley

North Humberside

HU17 9UN

REGISTERED NUMBER:

03628029 (England and Wales)

ACCOUNTANTS:

Finnies Accountants Limited

Chartered Certified Accountants

4-6 Swaby's Yard

Walkergate

Beverley

East Yorkshire

HU17 9BZ

FIXED ASSETS

Tangible assets

4

6,571

12,581

CURRENT ASSETS

Debtors

5

6,197

12,012

Cash at bank

4,926

9,788

11,123

21,800

CREDITORS

Amounts falling due within one year

6

(16,979

)

(30,031

)

NET CURRENT LIABILITIES

(5,856

)

(8,231

)

TOTAL ASSETS LESS CURRENT LIABILITIES

715

4,350

PROVISIONS FOR LIABILITIES

-

(3,640

)

NET ASSETS

715

710

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

615

610

SHAREHOLDERS' FUNDS

715

710

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 director acknowledges his 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 25 November 2019 and were signed by:

D C Patterson - Director

1.	STATUTORY INFORMATION

David Charles Consulting (Beverley) 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.

Tangible fixed assets

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

Fixtures and fittings

-

20% pa on cost

Motor vehicles

-

25% pa on cost

Computer equipment

-

33.33% pa on written down value

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 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2018

and 31 March 2019

1,045

21,000

6,801

28,846

DEPRECIATION

At 1 April 2018

635

10,500

5,130

16,265

Charge for year

209

5,250

551

6,010

At 31 March 2019

844

15,750

5,681

22,275

NET BOOK VALUE

At 31 March 2019

201

5,250

1,120

6,571

At 31 March 2018

410

10,500

1,671

12,581

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

-

6,180

Other debtors

2,003

2,003

Directors' current accounts

4,194

3,829

6,197

12,012

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Corporation tax

15,523

22,986

Social security and other

taxes

-

1,802

Other creditors

-

3,787

Accrued expenses

1,456

1,456

16,979

30,031

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 April 2018

610

Profit for the year

37,505

Dividends

(37,500

)

At 31 March 2019

615

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2019 and

31 March 2018:

2019

2018

£

£

D C Patterson

Balance outstanding at start of year

3,829

5,588

Amounts advanced

50,999

48,490

Amounts repaid

(50,634

)

(50,249

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,194

3,829

During the year dividends of £37,500 were paid to the director.

During the year the company granted the director a loan, this loan is repayable upon demand.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D C Patterson.