Delta Consulting Limited - Limited company accounts 11.7

REGISTERED NUMBER: 03421948 (England and Wales)

Report of the Director and

Unaudited Financial Statements

for the Year Ended 31 March 2014

for

Delta Consulting Limited

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

D W Carter

SECRETARY:

Mrs K Carter

REGISTERED OFFICE:

Maple House

Edwin Road

West Horsley

Surrey

KT24 6LN

REGISTERED NUMBER:

03421948 (England and Wales)

ACCOUNTANTS:

A.J. Bennewith & Co.

3 Wey Court

Mary Road

Guildford

Surrey

GU1 4QU

The director presents his report with the financial statements of the company for the year ended 31 March 2014.

DIRECTOR

D W Carter held office during the whole of the period from 1 April 2013 to the date of this report.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

D W Carter - Director

18 May 2015

TURNOVER

100,067

102,830

Administrative expenses

102,443

102,939

OPERATING LOSS and

LOSS ON ORDINARY ACTIVITIES
BEFORE TAXATION

2

(2,376

)

(109

)

Tax on loss on ordinary activities

3

-

LOSS FOR THE FINANCIAL YEAR

(2,376

)

(109

)

FIXED ASSETS

Tangible assets

4

942

1,255

CURRENT ASSETS

Debtors

5

21,515

33,930

Cash at bank

10,409

11,916

31,924

45,846

CREDITORS

Amounts falling due within one year

6

20,608

32,467

NET CURRENT ASSETS

11,316

13,379

TOTAL ASSETS LESS CURRENT
LIABILITIES

12,258

14,634

CAPITAL AND RESERVES

Called up share capital

7

3

Profit and loss account

8

12,255

14,631

SHAREHOLDERS' FUNDS

12,258

14,634

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 18 May 2015 and were signed by:

D W Carter - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at 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 the profit and loss account in the period to which they relate.

2.	OPERATING LOSS

The operating loss is stated after charging:

31.3.14

31.3.13

£

Depreciation - owned assets

313

418

Pension costs

9,600

Director's remuneration and other benefits etc

71,000

72,000

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the year ended 31 March 2014 nor for the year

ended 31 March 2013.

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2013

and 31 March 2014

24,614

DEPRECIATION

At 1 April 2013

23,359

Charge for year

313

At 31 March 2014

23,672

NET BOOK VALUE

At 31 March 2014

942

At 31 March 2013

1,255

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.14

31.3.13

£

Trade debtors

18,719

33,930

Other debtors

2,796

-

21,515

33,930

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.14

31.3.13

£

Taxation and social security

16,096

15,949

Other creditors

4,512

16,518

20,608

32,467

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

3

Ordinary

£1

3

8.

RESERVES

Profit

and loss

account

£

At 1 April 2013

14,631

Deficit for the year

(2,376

)

At 31 March 2014

12,255

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2014 and

31 March 2013:

31.3.14

31.3.13

£

D W Carter

Balance outstanding at start of year

(15,215

)

(9,075

)

Amounts advanced

67,010

48,245

Amounts repaid

(54,900

)

(54,385

)

Balance outstanding at end of year

(3,105

)

(15,215

)