Aegis Safety Consultancy Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04471613 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2019

FOR

AEGIS SAFETY CONSULTANCY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P Coulson

SECRETARY:

N Foster

REGISTERED OFFICE:

Stoneleigh

Newbrough

Hexham

Northumberland

NE47 5AN

REGISTERED NUMBER:

04471613 (England and Wales)

ACCOUNTANTS:

Ribchesters

Chartered Accountants

Finchale House

Belmont Business Park

Durham

DH1 1TW

FIXED ASSETS

Tangible assets

4

1,807

806

CURRENT ASSETS

Debtors

5

21,771

29,530

Cash at bank

47,152

54,378

68,923

83,908

CREDITORS

Amounts falling due within one year

6

14,613

19,288

NET CURRENT ASSETS

54,310

64,620

TOTAL ASSETS LESS CURRENT LIABILITIES

56,117

65,426

PROVISIONS FOR LIABILITIES

343

153

NET ASSETS

55,774

65,273

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

55,674

65,173

SHAREHOLDERS' FUNDS

55,774

65,273

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

The members have not required the company to obtain an audit of its financial statements for the year 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 May 2020 and were signed by:

P Coulson - Director

1.	STATUTORY INFORMATION

Aegis Safety Consultancy 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.

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 represents the fair value of services provided under contracts with customers to the extent that there is

a right to consideration. Where a service is incomplete at the year end, turnover represents the value of the

service to that date based on an appropriate proportion of the total consideration at completion.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & computers

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and

Retained Earnings, 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 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2018

4,096

Additions

1,911

At 31 October 2019

6,007

DEPRECIATION

At 1 November 2018

3,290

Charge for year

910

At 31 October 2019

4,200

NET BOOK VALUE

At 31 October 2019

1,807

At 31 October 2018

806

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

21,089

27,059

Other debtors

682

2,471

21,771

29,530

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

145

79

Taxation and social security

9,319

12,725

Other creditors

5,149

6,484

14,613

19,288

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

100

Ordinary

£1

100

100

8.	RELATED PARTY DISCLOSURES

During the year the director maintained an interest free loan to the company. At 31 October 2019 the balance of

the loan was £141 (2018: £1,243).