YOUNG AND ROBINSON PUBLISHING CONSULTANCY LIMITED

YOUNG AND ROBINSON PUBLISHING CONSULTANCY LIMITED

YOUNG AND ROBINSON PUBLISHING CONSULTANCY LIMITED - Company Information

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YOUNG AND ROBINSON PUBLISHING CONSULTANCY LIMITED

Company Registration Number:
04717248 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

YOUNG AND ROBINSON PUBLISHING CONSULTANCY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2020

Balance sheet
Notes

YOUNG AND ROBINSON PUBLISHING CONSULTANCY LIMITED

Balance sheet

As at 31 March 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 811 761
Total fixed assets: 811 761
Current assets
Debtors:   2,396 3,604
Cash at bank and in hand: 12,311 17,676
Total current assets: 14,707 21,280
Creditors: amounts falling due within one year:   (6,814) (9,878)
Net current assets (liabilities): 7,893 11,402
Total assets less current liabilities: 8,704 12,163
Provision for liabilities: (150) (145)
Total net assets (liabilities): 8,554 12,018
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 8,454 11,918
Shareholders funds: 8,554 12,018

The notes form part of these financial statements

YOUNG AND ROBINSON PUBLISHING CONSULTANCY LIMITED

Balance sheet statements

For the year ending 31 March 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 December 2020
and signed on behalf of the board by:

Name: Ms A E Young
Status: Director

The notes form part of these financial statements

YOUNG AND ROBINSON PUBLISHING CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents invoiced publishing and royalty services, exclusive of flat rate value added tax.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimateduseful life.Plant and machinery etc - 33% on cost and 25% on cost

Other accounting policies

TaxationTaxation 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 inequity.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 beenenacted or substantively enacted by the balance sheet date.Deferred taxDeferred tax is recognised in respect of all timing differences that have originated but not reversed atthe balance sheet date.Timing differences arise from the inclusion of income and expenses in tax assessments in periodsdifferent from those in which they are recognised in financial statements. Deferred tax is measuredusing tax rates and laws that have been enacted or substantively enacted by the year end and that areexpected 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 isprobable that they will be recovered against the reversal of deferred tax liabilities or other futuretaxable profits.Going concernThe directors have considered the financial position of the company and believe it is well placed tomanage its business risks successfully. The directors have a reasonable expectation that thecompany has adequate resources to continue in operational existence for the foreseeable future.Thus the going concern basis of preparation in preparing the financial statements will continue to beadopted.

YOUNG AND ROBINSON PUBLISHING CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

2020 2019
Average number of employees during the period 2 2

YOUNG AND ROBINSON PUBLISHING CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Tangible Assets

Total
Cost £
At 01 April 2019 6,785
Additions 565
At 31 March 2020 7,350
Depreciation
At 01 April 2019 6,024
Charge for year 515
At 31 March 2020 6,539
Net book value
At 31 March 2020 811
At 31 March 2019 761

YOUNG AND ROBINSON PUBLISHING CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

4. Related party transactions

During the year the company was controlled jointly by the directors.The company paid the directors £520 (2019: £520) rent for office facilities during the year.