Coleago Consulting Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04152615 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 March 2021

for

Coleago Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

S Zehle

G Friend

S R McKenzie

C Buist

REGISTERED OFFICE:

118 Pall Mall

London

SW1Y 5ED

REGISTERED NUMBER:

04152615 (England and Wales)

ACCOUNTANTS:

Danbro Accounting Ltd

Jubilee House

East Beach

Lytham St.annes

Lancashire

FY8 5FT

CURRENT ASSETS

Debtors

4

1,230,816

706,497

Cash at bank

842,109

433,821

2,072,925

1,140,318

CREDITORS

Amounts falling due within one year

5

1,927,641

993,678

NET CURRENT ASSETS

145,284

146,640

TOTAL ASSETS LESS CURRENT
LIABILITIES

145,284

146,640

CAPITAL AND RESERVES

Called up share capital

51,630

Retained earnings

93,654

95,010

SHAREHOLDERS' FUNDS

145,284

146,640

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2021 and were signed on its behalf by:

S Zehle - Director

1.	STATUTORY INFORMATION

Coleago 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statement have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Going concern

These financial statements are prepared on a going concern basis. The Directors have every expectation that the company will continue in operational existence for the foreseeable future and meet its liabilities as they fall due, this being supported by forecasts which take into account the predicted effects of the COVID-19 pandemic.

Thus the Directors consider it appropriate to prepare these financial statements on a going concern basis.

Cash at bank and in hand

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are showing within borrowings in current liabilities.

Turnover

Turnover represents amounts receivable for services provided net of VAT.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

Trade debtors

1,162,982

256,601

Other debtors

51,628

77,055

VAT

16,206

67,240

Prepayments and accrued income

-

305,601

1,230,816

706,497

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

Trade creditors

39,343

73,387

Accruals and deferred income

1,888,298

920,291

1,927,641

993,678

6.	RELATED PARTY DISCLOSURES

Transactions with related parties

During the year the company entered into the following transactions with related parties:

Category

Amounts owed to

Amounts owed by

2021

2020

2021

2020

£

Entities with control, joint control or
significant influence over the company

1,015,352

382,840

-

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Coleago Consulting Limited for the year ended 31 March 2021 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the Board of Directors of Coleago Consulting Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Coleago Consulting Limited and state those matters that we have agreed to state to the Board of Directors of Coleago Consulting Limited, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Coleago Consulting Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Coleago Consulting Limited. You consider that Coleago Consulting Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Coleago Consulting Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Danbro Accounting Ltd

Jubilee House

East Beach

Lytham St.annes

Lancashire

FY8 5FT

Date: .............................................

Coleago Consulting Limited - Accounts to registrar (filleted) - small 18.2

Coleago Consulting Limited - Accounts to registrar (filleted) - small 18.2