Practical Advice Consulting Limited

Practical Advice Consulting Limited

PRACTICAL ADVICE CONSULTING LIMITED - Company Information

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1 August 2018 false No description of principal activity Taxfiler 2020.3 05881525business:PrivateLimitedCompanyLtd2018-08-012019-07-31 058815252018-07-31 058815252018-08-012019-07-31 05881525business:AuditExemptWithAccountantsReport2018-08-012019-07-31 05881525business:FullAccounts2018-08-012019-07-31 058815252019-07-31 05881525business:Director12018-08-012019-07-31 05881525business:RegisteredOffice2018-08-012019-07-31 058815252018-07-31 05881525core:WithinOneYear2019-07-31 05881525core:WithinOneYear2018-07-31 05881525core:ShareCapital2019-07-31 05881525core:ShareCapital2018-07-31 05881525core:RetainedEarningsAccumulatedLosses2019-07-31 05881525core:RetainedEarningsAccumulatedLosses2018-07-31 05881525business:SmallEntities2018-08-012019-07-31 05881525countries:EnglandWales2018-08-012019-07-31 05881525business:OrdinaryShareClass12018-08-012019-07-31 05881525business:OrdinaryShareClass12017-08-012018-07-31 058815252017-08-012018-07-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 05881525 (England and Wales)
Practical Advice Consulting Limited Unaudited accounts for the year ended 31 July 2019
Practical Advice Consulting Limited Unaudited accounts Contents
Page
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Practical Advice Consulting Limited Company Information for the year ended 31 July 2019
Director
Matthew Odu
Company Number
05881525 (England and Wales)
Registered Office
THE MILLE 1000 GREAT WEST ROAD THIRD FLOOR BRENTFORD MIDDLESEX TW8 9DW
Accountants
PRACTICAL ACCOUNTANT Public Certified Accountants 1000 Great West Road Brentford Middlesex TW8 9DW
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Practical Advice Consulting Limited Accountants' report
Accountants' report to the director of Practical Advice Consulting Limited on the preparation of the unaudited statutory accounts for the year ended 31 July 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Practical Advice Consulting Limited for the year ended 31 July 2019 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Practical Advice Consulting Limited, as a body, in accordance with the terms of our engagement letter dated 1 August 2014. Our work has been undertaken solely to prepare for your approval the accounts of Practical Advice Consulting Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Practical Advice Consulting Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Practical Advice Consulting Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Practical Advice Consulting Limited. You consider that Practical Advice Consulting Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Practical Advice Consulting Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
PRACTICAL ACCOUNTANT Public Certified Accountants 1000 Great West Road Brentford Middlesex TW8 9DW 15 April 2020
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Practical Advice Consulting Limited Statement of financial position as at 31 July 2019
2019 
2018 
Notes
£ 
£ 
Current assets
Debtors
4
5,352 
3,233 
Cash at bank and in hand
2,419 
10,494 
7,771 
13,727 
Creditors: amounts falling due within one year
5
(3,246)
(17,918)
Net current assets/(liabilities)
4,525 
(4,191)
Net assets/(liabilities)
4,525 
(4,191)
Capital and reserves
Called up share capital
6
40,000 
40,000 
Profit and loss account
(35,475)
(44,191)
Shareholders' funds
4,525 
(4,191)
For the year ending 31 July 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 his 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 25 March 2020.
Matthew Odu Director Company Registration No. 05881525
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Practical Advice Consulting Limited Notes to the Accounts for the year ended 31 July 2019
1
Statutory information
Practical Advice Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 05881525. The registered office is THE MILLE 1000 GREAT WEST ROAD, THIRD FLOOR, BRENTFORD, MIDDLESEX, TW8 9DW.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2019 
2018 
£ 
£ 
Trade debtors
3,480 
3,233 
Accrued income and prepayments
1,872 
- 
5,352 
3,233 
5
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Bank loans and overdrafts
(563)
(563)
Taxes and social security
(2,151)
(2,078)
Proposed dividends
- 
20,000 
Other creditors
559 
559 
Loans from directors
5,401 
- 
3,246 
17,918 
6
Share capital
2019 
2018 
£ 
£ 
Allotted, called up and fully paid:
40,000 Ordinary shares of £1 each
40,000 
40,000 
7
Average number of employees
During the year the average number of employees was 0 (2018: 0).
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