Conroy-Helstrip Associates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05487086 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2018 TO 31 OCTOBER 2019

FOR

CONROY-HELSTRIP ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr M J Helstrip

SECRETARY:

Mrs L M Conroy Helstrip

REGISTERED OFFICE:

Fleming Court

Leigh Road

Eastleigh

Hampshire

SO50 9PD

BUSINESS ADDRESS:

29 Old Kennels Lane

Winchester

Hampshire

SO22 4JP

REGISTERED NUMBER:

05487086 (England and Wales)

FIXED ASSETS

Tangible assets

5

-

3,324

CURRENT ASSETS

Debtors

6

20,722

49,435

Cash at bank

29,684

267,104

50,406

316,539

CREDITORS

Amounts falling due within one year

7

21,522

226,979

NET CURRENT ASSETS

28,884

89,560

TOTAL ASSETS LESS CURRENT LIABILITIES

28,884

92,884

PROVISIONS FOR LIABILITIES

-

632

NET ASSETS

28,884

92,252

CAPITAL AND RESERVES

Called up share capital

8

200

200

Retained earnings

28,684

92,052

SHAREHOLDERS' FUNDS

28,884

92,252

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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 3 December 2019 and were signed by:

Mr M J Helstrip - Director

1.	STATUTORY INFORMATION

Conroy-Helstrip Associates 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of

Value Added Tax, adjusted for uninvoiced sales at the year end.

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

-

15% on reducing balance

Office equipment

-

25% on reducing balance

All fixed assets are initially recorded at cost.

Taxation

Taxation for the period 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 period 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling

at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual

arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any

contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with

the lessor are charged against profits on a straight line basis over the period of the lease.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2018 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Office

fittings

equipment

Totals

£

£

£

COST

At 1 July 2018

1,164

5,888

7,052

Additions

-

5,470

5,470

Disposals

(1,164

)

(11,358

)

(12,522

)

At 31 October 2019

-

-

-

DEPRECIATION

At 1 July 2018

508

3,220

3,728

Charge for period

99

1,357

1,456

Eliminated on disposal

(607

)

(4,577

)

(5,184

)

At 31 October 2019

-

-

-

NET BOOK VALUE

At 31 October 2019

-

-

-

At 30 June 2018

656

2,668

3,324

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

-

49,435

Other debtors

20,722

-

20,722

49,435

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Taxation and social security

-

79,671

Other creditors

21,522

147,308

21,522

226,979

Included in other creditors is £nil (2018: £89,088) in relation to accruals and deferred income.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

200

Ordinary

£1

200

200