Stephen Richards Consulting Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC144342 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

FOR

STEPHEN RICHARDS CONSULTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr S J Richards

Ms H Buckmayer

R Ainslie

SECRETARY:

Dr S J Richards

REGISTERED OFFICE:

24A Ainslie Place

Edinburgh

Midlothian

EH3 6AJ

REGISTERED NUMBER:

SC144342 (Scotland)

ACCOUNTANTS:

Mitchell Edwards

Chartered Certified Accountants

24A Ainslie Place

Edinburgh

EH3 6AJ

BANKERS:

Bank of Scotland

8 Lochside Avenue

Edinburgh

EH12 9DJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

5,041

7,494

5,041

7,494

CURRENT ASSETS

Debtors

6

140,187

443,572

Cash at bank

666,199

346,570

806,386

790,142

CREDITORS

Amounts falling due within one year

7

792,670

694,148

NET CURRENT ASSETS

13,716

95,994

TOTAL ASSETS LESS CURRENT LIABILITIES

18,757

103,488

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

18,755

103,486

SHAREHOLDERS' FUNDS

18,757

103,488

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 29 July 2021 and were signed on its behalf by:

Dr S J Richards - Director

Ms H Buckmayer - Director

1.	STATUTORY INFORMATION

Stephen Richards 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 (£), rounded to the nearest £.

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 fixed 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.

Intellectual property rights have been amortised evenly over the estimated useful life.

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

-

25% on cost and 25% on reducing balance

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.

Current asset investment

Investments held as current assets are stated at market value at the balance sheet date and the difference between cost and market value is taken to the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2020

and 31 March 2021

38,075

AMORTISATION

At 1 April 2020

and 31 March 2021

38,075

NET BOOK VALUE

At 31 March 2021

-

At 31 March 2020

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2020

477,163

Additions

1,629

Disposals

(6,973

)

At 31 March 2021

471,819

DEPRECIATION

At 1 April 2020

469,669

Charge for year

2,304

Eliminated on disposal

(5,195

)

At 31 March 2021

466,778

NET BOOK VALUE

At 31 March 2021

5,041

At 31 March 2020

7,494

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

91,195

224,679

Amounts owed by group undertakings

-

318

Other debtors

48,992

218,575

140,187

443,572

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade creditors

19,894

110,116

Amounts owed to group undertakings

-

210,000

Taxation and social security

163,528

99,933

Other creditors

609,248

274,099

792,670

694,148