Company Registration No. 07725059 (England and Wales)
Athelstone Consultants Limited
Unaudited accounts
for the year ended 31 August 2019
Athelstone Consultants Limited
Unaudited accounts
Contents
Athelstone Consultants Limited
Company Information
for the year ended 31 August 2019
Directors
T Tendolkar
V Tendolkar
Company Number
07725059 (England and Wales)
Registered Office
47 Brudenell Close
Amersham
Buckinghamshire
HP6 6FH
Athelstone Consultants Limited
Statement of financial position
as at 31 August 2019
Cash at bank and in hand
103,653
107,023
Creditors: amounts falling due within one year
(43,431)
(44,327)
Net current assets
71,562
91,736
Called up share capital
500
500
Profit and loss account
71,537
92,148
Shareholders' funds
72,037
92,648
For the year ending 31 August 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 directors acknowledge their 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 20 April 2020.
T Tendolkar
Director
Company Registration No. 07725059
Athelstone Consultants Limited
Notes to the Accounts
for the year ended 31 August 2019
Athelstone Consultants Limited is a private company, limited by shares, registered in England and Wales, registration number 07725059. The registered office is 47 Brudenell Close, Amersham, Buckinghamshire, HP6 6FH.
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.
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 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
over 4 years
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Athelstone Consultants Limited
Notes to the Accounts
for the year ended 31 August 2019
4
Tangible fixed assets
Plant & machinery
Trade debtors
11,340
29,040
6
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
31,261
28,844
Loans from directors
11,332
14,658
7
Average number of employees
During the year the average number of employees was 2 (2018: 2).
