Louise Eyles Consulting Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10586214 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2020

FOR

LOUISE EYLES CONSULTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

L Eyles

REGISTERED OFFICE:

4 Heath Square

Boltro Rd

Haywards Heath

West Sussex

RH16 1BL

REGISTERED NUMBER:

10586214 (England and Wales)

ACCOUNTANTS:

Galloways Accounting

30 New Road

Brighton

East Sussex

BN1 1BN

FIXED ASSETS

Tangible assets

4

805

185

CURRENT ASSETS

Debtors

5

7,010

10,115

Cash at bank

14,497

19,503

21,507

29,618

CREDITORS

Amounts falling due within one year

6

8,297

14,752

NET CURRENT ASSETS

13,210

14,866

TOTAL ASSETS LESS CURRENT LIABILITIES

14,015

15,051

PROVISIONS FOR LIABILITIES

7

153

35

NET ASSETS

13,862

15,016

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

13,762

14,916

13,862

15,016

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 27 August 2020 and were signed by:

L Eyles - Director

1.	STATUTORY INFORMATION

Louise Eyles Consulting 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

25% straight line

Computer equipment

-

33.3% straight line

Taxation

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 February 2019

100

405

505

Additions

-

1,170

1,170

Disposals

-

(55

)

(55

)

At 31 January 2020

100

1,520

1,620

DEPRECIATION

At 1 February 2019

50

270

320

Charge for year

25

525

550

Eliminated on disposal

-

(55

)

(55

)

At 31 January 2020

75

740

815

NET BOOK VALUE

At 31 January 2020

25

780

805

At 31 January 2019

50

135

185

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

2,130

8,241

Other debtors

4,880

1,874

7,010

10,115

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Taxation and social security

7,996

14,512

Other creditors

301

240

8,297

14,752

7.	PROVISIONS FOR LIABILITIES

2020

2019

£

£

Deferred tax

153

35

Deferred

tax

£

Balance at 1 February 2019

35

Movement in year

118

Balance at 31 January 2020

153

8.	ULTIMATE CONTROLLING PARTY

During the year the company was under the control of L. Eyles, the sole director and shareholder of the

company.

9.	GOING CONCERN

These accounts have been prepared on a going concern basis. In the view of the director the company remains

a viable going concern, and they will continue to support it for the foreseeable future.

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the

company has adequate resources to continue in operational existence.

The directors do not anticipate that the recent COVID-19 outbreak will affect the company's ability to continue

for the foreseeable future and therefore continues to adopt the going concern basis in preparing its financial

statements.