AEJ Consultants Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC494889 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 December 2020

for

AEJ Consultants Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C Brewis

Mrs A K C Brewis

T A Brewis

REGISTERED OFFICE:

17 Earlspark Drive

Aberdeen

AB15 9AH

REGISTERED NUMBER:

SC494889 (Scotland)

ACCOUNTANTS:

MMG Archbold Ltd

Chartered Accountants

Chapelshade House

78-84 Bell Street

Dundee

DD1 1RQ

CURRENT ASSETS

Debtors

4

8,974

58

Cash at bank

23,534

25,414

32,508

25,472

CREDITORS

Amounts falling due within one year

5

13,131

11,662

NET CURRENT ASSETS

19,377

13,810

TOTAL ASSETS LESS CURRENT LIABILITIES

19,377

13,810

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

19,373

13,806

SHAREHOLDERS' FUNDS

19,377

13,810

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 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 July 2021 and were signed on its behalf by:

Mrs A K C Brewis - Director

1.	STATUTORY INFORMATION

AEJ Consultants 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.

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 directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Turnover

Turnover and profit on ordinary activities before taxation are attributable to ENT consultants.

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 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.

Contracts for services

Where the substance of a contract is that the contractual obligations are performed gradually over time, revenue is recognised as contract activity progresses to reflect the partial performance of our contractual obligations. The amount of revenue included reflects the accrual of the right to consideration as contract activity progresses by reference to value of the work performed.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

8,971

-

Other debtors

3

58

8,974

58

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

1,259

-

Taxation and social security

9,586

10,487

Other creditors

2,286

1,175

13,131

11,662

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2020 and 31 December 2019:

2020

2019

£

£

Mrs A K C Brewis and C Brewis

Balance outstanding at start of year

59

3

Amounts advanced

245

9,155

Amounts repaid

(1,366

)

(9,099

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,062

)

59

T A Brewis

Balance outstanding at start of year

-

-

Amounts repaid

(117

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(117

)

-