Competitive Advantage Consultancy Ltd - Accounts to registrar (filleted) - small 18.2

Competitive Advantage Consultancy Ltd - Accounts to registrar (filleted) - small 18.2

COMPETITIVE ADVANTAGE CONSULTANCY LIMITED - Company Information

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REGISTERED NUMBER: 03931018 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2020

for

Competitive Advantage Consultancy Ltd
Competitive Advantage Consultancy Ltd (Registered number: 03931018)






Contents of the Financial Statements
for the Year Ended 29 February 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Competitive Advantage Consultancy Ltd

Company Information
for the Year Ended 29 February 2020







DIRECTOR: C J Ashworth





SECRETARY: S Ashworth





REGISTERED OFFICE: The Meads Business Centre
19 Kingsmead
Farnborough
Hampshire
GU14 7SR





REGISTERED NUMBER: 03931018 (England and Wales)





ACCOUNTANTS: R W Associates
7 The Buchan
Camberley
Surrey
GU15 3XB
Page 1
Competitive Advantage Consultancy Ltd (Registered number: 03931018)

Balance Sheet
29 February 2020

29.2.20 28.2.19
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 617 836

CURRENT ASSETS
Debtors 5 12,110 25,658
Cash at bank 9,909 27,872
22,019 53,530
CREDITORS
Amounts falling due within one year 6 20,524 35,202
NET CURRENT ASSETS 1,495 18,328
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,112
19,164

CAPITAL AND RESERVES
Called up share capital 7 800 800
Retained earnings 1,312 18,364
SHAREHOLDERS' FUNDS 2,112 19,164

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2020 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 and authorised for issue on 18 May 2020 and were signed by:





C J Ashworth - Director


The notes form part of these financial statements

Page 2
Competitive Advantage Consultancy Ltd (Registered number: 03931018)

Notes to the Financial Statements
for the Year Ended 29 February 2020

1. STATUTORY INFORMATION

Competitive Advantage Consultancy Ltd 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
The turnover shown in the profit and loss account represents amounts receivable during the year, exclusive of
Value Added Tax.

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
Computer equipment - 33% on cost

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 5 (2019 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2019
and 29 February 2020 5,958 8,581 14,539
DEPRECIATION
At 1 March 2019 5,394 8,309 13,703
Charge for year 85 134 219
At 29 February 2020 5,479 8,443 13,922
NET BOOK VALUE
At 29 February 2020 479 138 617
At 28 February 2019 564 272 836

Page 3 continued...
Competitive Advantage Consultancy Ltd (Registered number: 03931018)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2020

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.20 28.2.19
£    £   
Trade debtors 8,268 23,346
Other debtors 3,842 2,312
12,110 25,658

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.20 28.2.19
£    £   
Trade creditors 221 11
Taxation and social security 15,843 26,491
Other creditors 4,460 8,700
20,524 35,202

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 29.2.20 28.2.19
value: £    £   
800 Ordinary £1 800 800

8. ULTIMATE CONTROLLING PARTY

The controlling party is C J Ashworth.

Page 4