Colin Gray Consultancy Limited - Accounts to registrar (filleted) - small 18.2

Colin Gray Consultancy Limited - Accounts to registrar (filleted) - small 18.2

COLIN GRAY CONSULTANCY LIMITED - Company Information

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REGISTERED NUMBER: 11214259 (England and Wales)















FINANCIAL STATEMENTS FOR THE PERIOD 1 MARCH 2019 TO 27 FEBRUARY 2020

FOR

COLIN GRAY CONSULTANCY LIMITED
P B Syddall & Co
Chartered Accountants
Grafton House
81 Chorley Old Road
Bolton
Lancashire
BL1 3AJ








COLIN GRAY CONSULTANCY LIMITED (REGISTERED NUMBER: 11214259)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2019 TO 27 FEBRUARY 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


COLIN GRAY CONSULTANCY LIMITED


COMPANY INFORMATION
FOR THE PERIOD 1 MARCH 2019 TO 27 FEBRUARY 2020







DIRECTOR: C Gray





REGISTERED OFFICE: 22a Half Egde Lane
Eccles
Greater Manchester
M30 9GJ





REGISTERED NUMBER: 11214259 (England and Wales)





ACCOUNTANTS: P B Syddall & Co
Chartered Accountants
Grafton House
81 Chorley Old Road
Bolton
Lancashire
BL1 3AJ
Page 1
COLIN GRAY CONSULTANCY LIMITED (REGISTERED NUMBER: 11214259)


BALANCE SHEET
27 FEBRUARY 2020

27.2.20 28.2.19
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,320 1,650

CURRENT ASSETS
Debtors 5 38,000 -
Cash at bank 5,943 4,653
43,943 4,653
CREDITORS
Amounts falling due within one year 6 17,218 4,409
NET CURRENT ASSETS 26,725 244
TOTAL ASSETS LESS CURRENT
LIABILITIES
28,045
1,894

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 27,945 1,794
SHAREHOLDERS' FUNDS 28,045 1,894

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 27 February 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 27 February 2020 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 6 September 2021 and were signed by:




C Gray - Director


The notes form part of these financial statements

Page 2
COLIN GRAY CONSULTANCY LIMITED (REGISTERED NUMBER: 11214259)


NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2019 TO 27 FEBRUARY 2020

1. STATUTORY INFORMATION

Colin Gray 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 20% on reducing balance

Taxation
Taxation for the period 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2019 - 1 ) .

Page 3 continued...
COLIN GRAY CONSULTANCY LIMITED (REGISTERED NUMBER: 11214259)


NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2019 TO 27 FEBRUARY 2020

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 March 2019
and 27 February 2020 2,063
DEPRECIATION
At 1 March 2019 413
Charge for period 330
At 27 February 2020 743
NET BOOK VALUE
At 27 February 2020 1,320
At 28 February 2019 1,650

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.2.20 28.2.19
£    £   
Other debtors 38,000 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.2.20 28.2.19
£    £   
Tax 13,150 3,655
Social security and other taxes 2,453 -
Directors current account 175 34
Accrued expenses 1,440 720
17,218 4,409

7. RELATED PARTY DISCLOSURES

During the period, total dividends of £14,000 (2019 - £15,440) were paid to the director .

Loan advanced in year of £38,000 is repayable by February 2024 and attracts interest at a rate of 2.25% per annum.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C Gray.

Page 4