Cragg Vale Consultancy Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07065086 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019

FOR

CRAGG VALE CONSULTANCY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Bingham

Mrs H L Bingham

REGISTERED OFFICE:

Cob Castle

Coppy Nook Lane

Cragg Vale, Mytholmroyd

Hebden Bridge

HX7 5TU

REGISTERED NUMBER:

07065086 (England and Wales)

ACCOUNTANTS:

Cresswells

12 Market Street

Hebden Bridge

West Yorkshire

HX7 6AD

FIXED ASSETS

Tangible assets

4

93,739

3,232

CURRENT ASSETS

Debtors

5

27,091

27,476

Investments

6

401,858

373,341

Cash at bank

42,355

54,396

471,304

455,213

CREDITORS

Amounts falling due within one year

7

205,177

289,881

NET CURRENT ASSETS

266,127

165,332

TOTAL ASSETS LESS CURRENT LIABILITIES

359,866

168,564

CREDITORS

Amounts falling due after more than one year

8

(80,958

)

-

PROVISIONS FOR LIABILITIES

(596

)

(615

)

NET ASSETS

278,312

167,949

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

278,212

167,849

SHAREHOLDERS' FUNDS

278,312

167,949

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 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 Board of Directors on 3 December 2019 and were signed on its behalf by:

C Bingham - Director

1.	STATUTORY INFORMATION

Cragg Vale Consultancy 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.

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 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.

Plant and machinery etc

-

20% on reducing balance, 15% on reducing balance, over 5 years and over 3 years

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 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2018

57,877

Additions

111,682

At 31 March 2019

169,559

DEPRECIATION

At 1 April 2018

54,645

Charge for year

21,175

At 31 March 2019

75,820

NET BOOK VALUE

At 31 March 2019

93,739

At 31 March 2018

3,232

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

-

10,500

Other debtors

27,091

16,976

27,091

27,476

6.	CURRENT ASSET INVESTMENTS

2019

2018

£

£

Other

401,858

373,341

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Hire purchase contracts

11,038

-

Taxation and social security

48,061

44,348

Other creditors

146,078

245,533

205,177

289,881

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Hire purchase contracts

80,958

-