The Little Orange Consultancy Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10668767 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2020

for

The Little Orange Consultancy Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs C A Haworth

REGISTERED OFFICE:

72 Grandison Road

London

SW11 6LN

REGISTERED NUMBER:

10668767 (England and Wales)

ACCOUNTANTS:

Tropman & Co Limited

39 Station Road

Liphook

Hampshire

GU30 7DW

FIXED ASSETS

Tangible assets

4

128

257

CURRENT ASSETS

Cash at bank

23,570

35,008

CREDITORS

Amounts falling due within one year

5

12,024

34,996

NET CURRENT ASSETS

11,546

12

TOTAL ASSETS LESS CURRENT LIABILITIES

11,674

269

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

11,574

169

SHAREHOLDERS' FUNDS

11,674

269

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 7 December 2020 and were signed by:

Miss C A Dodwell - Director

1.	STATUTORY INFORMATION

The Little Orange Consultancy 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.

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 each asset over its estimated useful life.

Computer & office equipment

-

25% on cost

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.

Deferred tax

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

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 NIL (2019 - 1 ).

4.	TANGIBLE FIXED ASSETS

Computer

& office

equipment

£

COST

At 1 April 2019

and 31 March 2020

514

DEPRECIATION

At 1 April 2019

257

Charge for year

129

At 31 March 2020

386

NET BOOK VALUE

At 31 March 2020

128

At 31 March 2019

257

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Tax

3,174

201

VAT

-

1,674

Directors' current accounts

3,119

4,061

Accruals & Deferred Income

5,731

29,060

12,024

34,996

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.20

31.3.19

value:

£

£

100

Ordinary

£1

100

100

7.

RESERVES

Retained

earnings

£

At 1 April 2019

169

Profit for the year

13,405

Dividends

(2,000

)

At 31 March 2020

11,574