Company Registration No. 04539577 (England and Wales)
LEARNING FOR LIFE CONSULTING LIMITED
Unaudited accounts
for the year ended 30 September 2019
LEARNING FOR LIFE CONSULTING LIMITED
Unaudited accounts
Contents
LEARNING FOR LIFE CONSULTING LIMITED
Company Information
for the year ended 30 September 2019
Director
NESBIT, Dorothy Andrea
Company Number
04539577 (England and Wales)
Registered Office
BUTTERWORTHS ACCOUNTANTS & TAX ADVISERS
HIGH ROAD
GREAT FINBOROUGH
SUFFOLK
IP14 3AP
United Kingdom
Accountants
Butterworths Accountants & Tax Advisers
Delamere, Clock House
High Road
Great Finborough
Suffolk
IP14 3AP
LEARNING FOR LIFE CONSULTING LIMITED
Statement of financial position
as at 30 September 2019
Cash at bank and in hand
303
6,461
Creditors: amounts falling due within one year
(1,518)
(9,101)
Net current (liabilities)/assets
(474)
6,119
Total assets less current liabilities
(187)
6,565
Creditors: amounts falling due after more than one year
(852)
(4,044)
Provisions for liabilities
Net (liabilities)/assets
(1,039)
2,408
Called up share capital
2
2
Profit and loss account
(1,041)
2,406
Shareholders' funds
(1,039)
2,408
For the year ending 30 September 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 18 January 2020.
NESBIT, Dorothy Andrea
Director
Company Registration No. 04539577
LEARNING FOR LIFE CONSULTING LIMITED
Notes to the Accounts
for the year ended 30 September 2019
LEARNING FOR LIFE CONSULTING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04539577. The registered office is BUTTERWORTHS ACCOUNTANTS & TAX ADVISERS , HIGH ROAD, GREAT FINBOROUGH, SUFFOLK, IP14 3AP, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The director of the company has not identified any material uncertainties related to the events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
LEARNING FOR LIFE CONSULTING LIMITED
Notes to the Accounts
for the year ended 30 September 2019
4
Tangible fixed assets
Fixtures & fittings
6
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
-
3,252
Loans from directors
(1,572)
4,319
7
Creditors: amounts falling due after more than one year
2019
2018
Taxes and social security
852
4,044
8
Deferred taxation
2019
2018
Tax losses carried forward
113
113
Other deferred taxation
(854)
-
LEARNING FOR LIFE CONSULTING LIMITED
Notes to the Accounts
for the year ended 30 September 2019
Provision at start of year
113
113
Credited to the profit and loss account
(854)
-
Provision at end of year
(741)
113
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Transactions with related parties
At the start of the period, £4,318 (2018 : £4,515) was owed by the director. During the year, the director loan a further £1,750 (2018: Nil) and received £7,640 (2018: £33,174). As at the year end, the director owes £1,571 to Learning For Life Consulting Limited and this is repaid within 9 months of the year end.
11
Average number of employees
During the year the average number of employees was 0 (2018: 0).
