Dick Bird Consulting Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC338458 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2021

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:

14 Colthill Crescent

Milltimber

Aberdeen

AB13 0EG

REGISTERED NUMBER:

SC338458 (Scotland)

ACCOUNTANTS:

The Grant Considine Partnership

Chartered Accountants

46 High Street

Banchory

Aberdeenshire

AB31 5SR

FIXED ASSETS

Tangible assets

5

345

525

CURRENT ASSETS

Debtors

6

15,048

15,651

Cash at bank

1,296

1,014

16,344

16,665

CREDITORS

Amounts falling due within one year

7

16,622

17,088

NET CURRENT LIABILITIES

(278

)

(423

)

TOTAL ASSETS LESS CURRENT LIABILITIES

67

102

PROVISIONS FOR LIABILITIES

65

100

NET ASSETS

2

2

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

1

1

2

2

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 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 22 July 2021 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.

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.

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.

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 (2020 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2020

and 31 March 2021

540

DEPRECIATION

At 1 April 2020

15

Charge for year

180

At 31 March 2021

195

NET BOOK VALUE

At 31 March 2021

345

At 31 March 2020

525

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

10,364

10,852

Other debtors

4,684

4,799

15,048

15,651

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Bank loans and overdrafts

4,379

4,422

Trade creditors

2,053

2,450

Taxation and social security

8,031

8,269

Other creditors

2,159

1,947

16,622

17,088

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2021 and 31 March 2020:

2021

2020

£

£

R W Bird

Balance outstanding at start of year

3,352

3,935

Amounts advanced

243

-

Amounts repaid

-

(583

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,595

3,352