Company Registration No. 09487224 (England and Wales)
Ideas for Change Consulting Limited
Unaudited accounts
for the year ended 31 March 2020
Ideas for Change Consulting Limited
Unaudited accounts
Contents
Ideas for Change Consulting Limited
Company Information
for the year ended 31 March 2020
Directors
RATNATUNGA, Sanjee Deshika
PATEL, Rajesh
Company Number
09487224 (England and Wales)
Registered Office
14 HOLMSIDE PLACE
HEATON
NEWCASTLE UPON TYNE
TYNE AND WEAR
NE6 5AJ
UNITED KINGDOM
Ideas for Change Consulting Limited
Statement of financial position
as at 31 March 2020
Cash at bank and in hand
9,938
18,745
Creditors: amounts falling due within one year
(7,195)
(7,758)
Net current assets
2,743
16,162
Called up share capital
2
2
Profit and loss account
2,884
16,468
Shareholders' funds
2,886
16,470
For the year ending 31 March 2020 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.
The financial statements were approved by the Board of Directors and authorised for issue on 6 July 2020 and were signed on its behalf by
RATNATUNGA, Sanjee Deshika
Director
Company Registration No. 09487224
Ideas for Change Consulting Limited
Notes to the Accounts
for the year ended 31 March 2020
Ideas for Change Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 09487224. The registered office is 14 HOLMSIDE PLACE, HEATON, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 5AJ, UNITED KINGDOM.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Fixtures & fittings
Straight line basis 5 years
Computer equipment
Straight line basis 3 years
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2019
509
849
1,358
At 31 March 2020
509
849
1,358
At 1 April 2019
264
786
1,050
Charge for the year
102
63
165
At 31 March 2020
366
849
1,215
At 31 March 2020
143
-
143
At 31 March 2019
245
63
308
Ideas for Change Consulting Limited
Notes to the Accounts
for the year ended 31 March 2020
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
-
3,758
Proposed dividends
4,000
4,000
Loans from directors
3,195
-
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2019: 2).
