Elysian Search Consulting Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09552719 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2019

for

Elysian Search Consulting Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms J Gajic

SECRETARY:

Ms J Gajic

REGISTERED OFFICE:

2 Stephen Street

London

W1T 1AN

REGISTERED NUMBER:

09552719 (England and Wales)

ACCOUNTANTS:

CAAT Advisory Ltd

Wework Southbank Central

30 Stamford Street

London

SE1 9PY

FIXED ASSETS

Tangible assets

4

4,611

2,232

CURRENT ASSETS

Debtors

5

352,828

538,576

Cash at bank

33,248

11,492

386,076

550,068

CREDITORS

Amounts falling due within one year

6

206,502

462,095

NET CURRENT ASSETS

179,574

87,973

TOTAL ASSETS LESS CURRENT LIABILITIES

184,185

90,205

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

184,184

90,204

184,185

90,205

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 17 January 2020 and were signed by:

Ms J Gajic - Director

1.	STATUTORY INFORMATION

Elysian Search Consulting 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.

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

-

25% 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.

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 5 (2018 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2018

2,438

Additions

3,725

At 30 April 2019

6,163

DEPRECIATION

At 1 May 2018

206

Charge for year

1,346

At 30 April 2019

1,552

NET BOOK VALUE

At 30 April 2019

4,611

At 30 April 2018

2,232

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Trade debtors

230,660

465,492

Other debtors

122,168

73,084

352,828

538,576

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Trade creditors

86,212

207,917

Taxation and social security

70,142

53,238

Other creditors

50,148

200,940

206,502

462,095

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2019 and

30 April 2018:

30.4.19

30.4.18

£

£

Ms J Gajic

Balance outstanding at start of year

73,084

1

Amounts advanced

114,675

83,283

Amounts repaid

(85,000

)

(10,200

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

102,759

73,084