DCTO Consulting Ltd - Accounts to registrar (filleted) - small 18.2

DCTO Consulting Ltd

Financial Statements for the Year Ended 31 May 2022

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr D Owen

REGISTERED OFFICE:

56 Nursery Hill

St Andrews Place

Hitchin

Hertfordshire

SG4 9GD

REGISTERED NUMBER:

10749520 (England and Wales)

ACCOUNTANTS:

Hargreaves Owen Ltd

Chartered Certified Accountants

Red Sky House

Fairclough Hall, Halls Green

Weston

Hertfordshire

SG4 7DP

FIXED ASSETS

Tangible assets

4

141

243

CURRENT ASSETS

Debtors

5

77,078

32,100

Cash at bank

101,839

124,862

178,917

156,962

CREDITORS

Amounts falling due within one year

6

34,779

27,137

NET CURRENT ASSETS

144,138

129,825

TOTAL ASSETS LESS CURRENT LIABILITIES

144,279

130,068

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

144,278

130,067

SHAREHOLDERS' FUNDS

144,279

130,068

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 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 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 24 August 2022 and were signed by:

Mr D Owen - Director

1.	STATUTORY INFORMATION

DCTO Consulting 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.

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

-

50% on cost

Computer equipment

-

50% on cost

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 1 (2021 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 June 2021

483

1,048

1,531

Additions

279

-

279

At 31 May 2022

762

1,048

1,810

DEPRECIATION

At 1 June 2021

241

1,047

1,288

Charge for year

381

-

381

At 31 May 2022

622

1,047

1,669

NET BOOK VALUE

At 31 May 2022

140

1

141

At 31 May 2021

242

1

243

5.

DEBTORS

2022

2021

£

£

Amounts falling due within one year:

Prepayments and accrued income

14,978

-

Amounts falling due after more than one year:

Interco Loan

62,100

32,100

Aggregate amounts

77,078

32,100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Corporation tax

27,282

18,477

VAT

6,581

8,299

Directors' current accounts

916

361

34,779

27,137