TCONSULT LTD - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04763044 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2022

for

TCONSULT LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R McGill

Mrs K V Pitkin

Mrs K A McGill

SECRETARY:

S B Lipo

REGISTERED OFFICE:

30 Mill Lane

Yateley

Hampshire

GU46 7TN

REGISTERED NUMBER:

04763044 (England and Wales)

ACCOUNTANTS:

WITNEY & CO LTD

Ground Floor

39 Guildford Road

Lightwater

Surrey

GU18 5SA

FIXED ASSETS

Intangible assets

4

-

111,312

Tangible assets

5

50,968

62,716

50,968

174,028

CURRENT ASSETS

Debtors

6,331

20,691

Cash at bank

438,920

104,274

445,251

124,965

CREDITORS

Amounts falling due within one year

113,992

111,013

NET CURRENT ASSETS

331,259

13,952

TOTAL ASSETS LESS CURRENT LIABILITIES

382,227

187,980

CAPITAL AND RESERVES

Called up share capital

4,310

4,110

Revaluation reserve

6

-

111,312

Retained earnings

377,917

72,558

SHAREHOLDERS' FUNDS

382,227

187,980

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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 1 July 2022 and were signed on its behalf by:

R McGill - Director

Mrs K A McGill - Director

Mrs K V Pitkin - Director

1.	STATUTORY INFORMATION

TCONSULT LTD 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

Computer equipment

-

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.

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 7 (2021 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2021

111,312

Disposals

(111,312

)

At 31 March 2022

-

NET BOOK VALUE

At 31 March 2022

-

At 31 March 2021

111,312

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2021

232,733

Additions

5,240

Disposals

(3,800

)

At 31 March 2022

234,173

DEPRECIATION

At 1 April 2021

170,017

Charge for year

16,988

Eliminated on disposal

(3,800

)

At 31 March 2022

183,205

NET BOOK VALUE

At 31 March 2022

50,968

At 31 March 2021

62,716

6.

RESERVES

Revaluation

reserve

£

At 1 April 2021

111,312

Development costs

(111,312

)

At 31 March 2022

-

7.	RELATED PARTY DISCLOSURES

The controlling party is Mr Ross and Mrs Kathryn McGill.

The ultimate controlling party is Mr Ross and Mrs Kathryn McGill.