R.E. Discover Consultancy Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07593255 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

FOR

R.E. DISCOVER CONSULTANCY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss C J Ory

REGISTERED OFFICE:

Johnstone House

2a Gordon Road

West Bridgford

Nottingham

NG2 5LN

REGISTERED NUMBER:

07593255 (England and Wales)

ACCOUNTANTS:

NG Accounting & Tax Limited

Johnstone House

2a Gordon Road

West Bridgford

Nottingham

NG2 5LN

CURRENT ASSETS

Debtors

5

23,703

1,440

Cash at bank

7,878

58,101

31,581

59,541

CREDITORS

Amounts falling due within one year

6

(3,199

)

(21,764

)

NET CURRENT ASSETS

28,382

37,777

TOTAL ASSETS LESS CURRENT LIABILITIES

28,382

37,777

CREDITORS

Amounts falling due after more than one year

7

(8,301

)

-

NET ASSETS

20,081

37,777

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

19,981

37,677

20,081

37,777

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 director acknowledges her 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 December 2021 and were signed by:

Miss C J Ory - Director

1.	STATUTORY INFORMATION

R.E. Discover Consultancy 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.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2020

and 31 March 2021

10,000

AMORTISATION

At 1 April 2020

and 31 March 2021

10,000

NET BOOK VALUE

At 31 March 2021

-

At 31 March 2020

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

-

1,440

Other debtors

23,703

-

23,703

1,440

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Bank loans and overdrafts

1,199

-

Taxation and social security

-

2,431

Other creditors

2,000

19,333

3,199

21,764

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Bank loans

8,301

-

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £17,000 were paid to the director .

As at 31 March 2021 the directors owed the company £23,563 (2020: The company owed the directors £12,333).

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Miss C J Ory.