Tod Anstee Property Consultants Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10254179 (England and Wales)

Tod Anstee Property Consultants Limited

Financial Statements for the Year Ended 30th September 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

A S G Tod

J D E Anstee

REGISTERED OFFICE:

The Old Coach House

14 West Pallant

Chichester

West Sussex

PO19 1TB

REGISTERED NUMBER:

10254179 (England and Wales)

ACCOUNTANTS:

Sheen Stickland

Chartered Accountants

7 East Pallant

Chichester

West Sussex

PO19 1TR

FIXED ASSETS

Intangible assets

4

395,573

452,084

Tangible assets

5

992

1,322

396,565

453,406

CURRENT ASSETS

Debtors

6

72,367

31,351

Cash at bank and in hand

30,918

122,072

103,285

153,423

CREDITORS

Amounts falling due within one year

7

280,944

414,330

NET CURRENT LIABILITIES

(177,659

)

(260,907

)

TOTAL ASSETS LESS CURRENT LIABILITIES

218,906

192,499

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

218,806

192,399

SHAREHOLDERS' FUNDS

218,906

192,499

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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 11th September 2020 and were signed on its behalf by:

J D E Anstee - Director

A S G Tod - Director

1.	STATUTORY INFORMATION

Tod Anstee Property Consultants 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

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 etc

-

25% on reducing balance

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.

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 16 (2018 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st October 2018

and 30th September 2019

565,104

AMORTISATION

At 1st October 2018

113,020

Amortisation for year

56,511

At 30th September 2019

169,531

NET BOOK VALUE

At 30th September 2019

395,573

At 30th September 2018

452,084

5.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1st October 2018

and 30th September 2019

2,351

DEPRECIATION

At 1st October 2018

1,029

Charge for year

330

At 30th September 2019

1,359

NET BOOK VALUE

At 30th September 2019

992

At 30th September 2018

1,322

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

23,130

7,001

Other debtors

481

225

Prepayments

48,756

24,125

72,367

31,351

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

31,560

48,873

Tax

21,995

39,505

Social security and other taxes

14,880

11,965

VAT

34,567

39,054

Directors' current accounts

172,434

267,822

Accruals and deferred income

948

-

Accrued expenses

4,560

7,111

280,944

414,330

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

100

Ordinary

1

100

100

9.

RESERVES

Retained

earnings

£

At 1st October 2018

192,399

Profit for the year

34,407

Dividends

(8,000

)

At 30th September 2019

218,806

10.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company had total operating lease commitments of £117,875 (2018: £33,375).

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Tod Anstee Property Consultants Limited for the year ended 30th September 2019 which

comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Tod Anstee Property Consultants Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Tod Anstee Property Consultants Limited and state those matters that we have agreed to state to the Board of Directors of Tod Anstee Property Consultants Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tod Anstee Property Consultants Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Tod Anstee Property Consultants Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Tod Anstee Property Consultants Limited. You consider that Tod Anstee Property Consultants Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Tod Anstee Property Consultants Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Sheen Stickland

Chartered Accountants

7 East Pallant

Chichester

West Sussex

PO19 1TR

11th September 2020