BRE CONSULTING LTD |
Notes to the Accounts |
for the year ended 31 March 2020 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). |
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Taxation |
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A corporation tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A corporation tax liability is not discounted. |
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2 |
Employees |
2020 |
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2019 |
Number |
Number |
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Average number of persons employed by the company |
2 |
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2 |
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3 |
Debtors |
2020 |
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2019 |
£ |
£ |
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Trade debtors |
7,979 |
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2,812 |
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4 |
Creditors: amounts falling due within one year |
2020 |
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2019 |
£ |
£ |
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Trade creditors |
900 |
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400 |
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Corporation tax |
6,818 |
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4,210 |
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Other taxes and social security costs |
244 |
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244 |
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7,962 |
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4,854 |
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5 |
Other information |
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BRE CONSULTING LTD is a private company limited by shares and incorporated in England. Its registered office is: |
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3 COPTHALL GARDENS |
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LONDON |
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NW7 2NG |