Concept Analyst Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04274345 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2019

for

Concept Analyst Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Professor J Trevelyan

Mrs KE Trevelyan

SECRETARY:

REGISTERED OFFICE:

33 Archery Rise

Durham

Co. Durham

DH1 4LA

REGISTERED NUMBER:

04274345 (England and Wales)

ACCOUNTANTS:

JN Straughan & Co.

Chartered Accountants

1st Floor, Portland House

Belmont Business Park

Durham

DH1 1TW

FIXED ASSETS

Tangible assets

3

1,303

1,944

CURRENT ASSETS

Debtors

4

549

5,537

Cash at bank

20,768

18,930

21,317

24,467

CREDITORS

Amounts falling due within one year

5

1,242

643

NET CURRENT ASSETS

20,075

23,824

TOTAL ASSETS LESS CURRENT LIABILITIES

21,378

25,768

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

20,378

24,768

SHAREHOLDERS' FUNDS

21,378

25,768

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 18 December 2019 and were signed on its behalf by:

Professor J Trevelyan - Director

1.	STATUTORY INFORMATION

Concept Analyst 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 represents net invoiced sales of services , excluding value added tax.

Tangible fixed assets

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

Computer equipment

-

33% 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.

3.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 September 2018

and 31 August 2019

6,192

DEPRECIATION

At 1 September 2018

4,248

Charge for year

641

At 31 August 2019

4,889

NET BOOK VALUE

At 31 August 2019

1,303

At 31 August 2018

1,944

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

-

667

Other debtors

-

2,564

Tax

-

2,055

VAT

-

251

Deferred tax asset

549

-

549

5,537

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

VAT

599

-

Accruals and deferred income

643

643

1,242

643

6.	ULTIMATE CONTROLLING PARTY

The controlling party is Professor J Trevelyan.