Dick Bird Consulting Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: SC338458 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2022

for

Dick Bird Consulting Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

R W Bird

SECRETARY:

Ms M Jamieson

REGISTERED OFFICE:

53 High Street

Laurencekirk

Aberdeenshire

AB30 1BH

REGISTERED NUMBER:

SC338458 (Scotland)

ACCOUNTANTS:

The Grant Considine Partnership

Chartered Accountants

46 High Street

Banchory

Aberdeenshire

AB31 5SR

FIXED ASSETS

Tangible assets

5

165

345

CURRENT ASSETS

Debtors

6

10,660

15,048

Cash at bank

1,046

1,296

11,706

16,344

CREDITORS

Amounts falling due within one year

7

11,625

16,622

NET CURRENT ASSETS/(LIABILITIES)

81

(278

)

TOTAL ASSETS LESS CURRENT LIABILITIES

246

67

PROVISIONS FOR LIABILITIES

31

65

NET ASSETS

215

2

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

214

1

215

2

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 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 19 December 2022 and were signed by:

R W Bird - Director

1.	STATUTORY INFORMATION

Dick Bird Consulting Limited is a private company, limited by shares , registered in Scotland. 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.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with th provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Revenue recognition

Turnover is measured at fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) less accumulate depreciation and accumulate impairment losses. Depreciation is provided at the following annual rates:

Computer Equipment - 33% on cost

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors and directors' loan.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted mount of cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence or impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Pension costs and other post-retirement benefits

The company pays contributions to as third party pension provider on behalf of the directors. Contributions payable are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2021

and 31 March 2022

540

DEPRECIATION

At 1 April 2021

195

Charge for year

180

At 31 March 2022

375

NET BOOK VALUE

At 31 March 2022

165

At 31 March 2021

345

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

8,673

10,364

Other debtors

1,987

4,684

10,660

15,048

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Bank loans and overdrafts

1,021

4,379

Trade creditors

342

2,053

Taxation and social security

7,902

8,031

Other creditors

2,360

2,159

11,625

16,622

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2022 and 31 March 2021:

2022

2021

£

£

R W Bird

Balance outstanding at start of year

3,595

3,352

Amounts advanced

-

243

Amounts repaid

(2,814

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

781

3,595