Huxtable Consulting Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03263622 (England and Wales)

Huxtable Consulting Ltd

Unaudited Financial Statements

for the Year Ended 31 October 2019

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

M Huxtable

V Huxtable

SECRETARY:

V Huxtable

REGISTERED OFFICE:

8a Wingbury Courtyard

Business Village

Wingrave

Buckinghamshire

HP22 4LW

REGISTERED NUMBER:

03263622 (England and Wales)

ACCOUNTANTS:

Clarkson Cleaver & Bowes Limited

8a Wingbury Courtyard

Business Village

Wingrave

Buckinghamshire

HP22 4LW

FIXED ASSETS

Tangible assets

4

8,580

10,568

CURRENT ASSETS

Debtors

5

25,083

6,928

Cash at bank

40,048

19,598

65,131

26,526

CREDITORS

Amounts falling due within one year

6

32,488

26,229

NET CURRENT ASSETS

32,643

297

TOTAL ASSETS LESS CURRENT LIABILITIES

41,223

10,865

CREDITORS

Amounts falling due after more than one year

7

-

3,469

NET ASSETS

41,223

7,396

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

41,219

7,392

SHAREHOLDERS' FUNDS

41,223

7,396

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 directors acknowledge their 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 Board of Directors and authorised for issue on 18 June 2020 and were signed on its behalf by:

M Huxtable - Director

1.	STATUTORY INFORMATION

Huxtable Consulting 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

Turnover represents net invoiced value of services excluding 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.

Plant and machinery

-

33.33% straight line and 25% reducing balance

Computer equipment

-

33.33% straight line

Taxation

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

Statement.

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 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 and that are expected to apply to the reversal of the timing difference.

Current or deferred taxation assets and liabilities are not discounted.

Pension costs and other post-retirement benefits

The pension costs charged in the financial statements represent the contributions payable by the

company for the year.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 November 2018

34,373

32,239

66,612

Additions

-

1,435

1,435

At 31 October 2019

34,373

33,674

68,047

DEPRECIATION

At 1 November 2018

24,881

31,163

56,044

Charge for year

2,372

1,051

3,423

At 31 October 2019

27,253

32,214

59,467

NET BOOK VALUE

At 31 October 2019

7,120

1,460

8,580

At 31 October 2018

9,492

1,076

10,568

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

-

3,750

Other debtors

25,083

3,178

25,083

6,928

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Hire purchase contracts

3,469

5,946

Taxation and social security

28,987

20,270

Other creditors

32

13

32,488

26,229

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Hire purchase contracts

-

3,469

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended

31 October 2019 and 31 October 2018:

2019

2018

£

£

M Huxtable

Balance outstanding at start of year

3,178

-

Amounts advanced

-

3,178

Amounts repaid

(3,178

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

3,178