Sarah Bayne Consulting Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08961791 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2022

for

Sarah Bayne Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S C Scott

W M Scott

REGISTERED OFFICE:

Dissington Hall Enterprise Hub

Dalton

Newcastle

NE18 0AD

REGISTERED NUMBER:

08961791 (England and Wales)

ACCOUNTANTS:

Accountancy Matters (Kent) Limited

Chartered Certified Accountants

The Marlowe Innovation Centre

Marlowe Way

Ramsgate

Kent

CT12 6FA

FIXED ASSETS

Tangible assets

4

1,974

2,923

CURRENT ASSETS

Debtors

5

15,871

23,460

Cash at bank

71,435

64,290

87,306

87,750

CREDITORS

Amounts falling due within one year

6

30,997

20,363

NET CURRENT ASSETS

56,309

67,387

TOTAL ASSETS LESS CURRENT LIABILITIES

58,283

70,310

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

58,273

70,300

SHAREHOLDERS' FUNDS

58,283

70,310

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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2022 and were signed on its behalf by:

Mrs S C Scott - Director

1.	STATUTORY INFORMATION

Sarah Bayne Consulting Limited 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.

Significant judgements and estimates

The directors have made no significant judgements or estimates in preparing these accounts.

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.

Plant and machinery etc

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2021

and 31 March 2022

6,670

DEPRECIATION

At 1 April 2021

3,747

Charge for year

949

At 31 March 2022

4,696

NET BOOK VALUE

At 31 March 2022

1,974

At 31 March 2021

2,923

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Trade debtors

11,730

22,813

Other debtors

4,141

647

15,871

23,460

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Taxation and social security

6,836

10,216

Other creditors

24,161

10,147

30,997

20,363

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.22

31.3.21

£

£

Within one year

1,726

3,452

Between one and five years

-

1,726

1,726

5,178

8.	RELATED PARTY DISCLOSURES

During the year the directors charged the company rent of £1,770 (2021 - £4,250) in respect of home office space.