The Literary Consultancy Ltd,Ltd - AccountsLtd - Accounts

The Literary Consultancy Ltd,Ltd - AccountsLtd - Accounts

THE LITERARY CONSULTANCY LTD - Company Information

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2020-04-01 04575807 2021-03-31 04575807 2020-04-01 2021-03-31 04575807 2020-03-31 04575807 2019-04-01 2020-03-31 04575807 uk-core:WithinOneYear 2020-03-31 04575807 uk-core:WithinOneYear 2021-03-31 04575807 uk-core:ShareCapital 2021-03-31 04575807 uk-core:ShareCapital 2020-03-31 04575807 uk-core:RetainedEarningsAccumulatedLosses 2021-03-31 04575807 uk-core:RetainedEarningsAccumulatedLosses 2020-03-31 04575807 uk-bus:Director1 2020-04-01 2021-03-31 04575807 uk-core:ToolsEquipment 2020-04-01 2021-03-31 04575807 uk-core:WithinOneYear 2021-03-31 04575807 uk-core:WithinOneYear 2020-03-31 iso4217:GBP xbrli:pure 04575807 uk-bus:AuditExemptWithAccountantsReport 2020-04-01 2021-03-31 04575807 uk-bus:FRS102 2020-04-01 2021-03-31 04575807 uk-bus:FullAccounts 2020-04-01 2021-03-31 04575807 uk-bus:PrivateLimitedCompanyLtd 2020-04-01 2021-03-31
The Literary Consultancy Ltd
Registered Number:04575807
For the year ended 31 March 2021
England and Wales
Unaudited Financial Statements
2
Registered Number :
04575807
As at 31 March 2021
The Literary Consultancy Ltd
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
505
382
2
505
382
Current assets
Trade and other receivables
2,826
17,132
3
219,317
Cash and cash equivalents
315,821
332,953
222,143
Trade and other payables: amounts falling due within one
year
(50,999)
(141,324)
4
171,144
191,629
Net current assets
Total assets less current liabilities
192,134
171,526
192,134
Net assets
171,526
Capital and reserves
Called up share capital
10
10
Retained earnings
192,124
171,516
192,134
171,526
Shareholders' funds
For the year ended 31 March 2021 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Miss Akiho Schilz Director
These financial statements were approved and authorised for issue by the Board on 15 November 2021 and were signed by:
The notes form part of these financial statements
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For the year ended 31 March 2021
The Literary Consultancy Ltd
Notes to the Financial Statements
Statutory Information
The Literary Consultancy Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 04575807.
Registered address:
East Side Platform 1
Kings Cross Station
London
N1C 4AX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 March 2021
The Literary Consultancy Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
machinery
£
Cost or
valuation
At 01 April 2020
10,274
333
Additions
At 31 March 2021
10,607
Provision for depreciation and impairment
At 01 April 2020
9,892
Charge for year
210
At 31 March 2021
10,102
At 31 March 2021
Net book value
505
At 31 March 2020
382
3. Trade and other receivables
2020
2021
£
£
Other debtors
17,132
2,826
4. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Bank loans and overdraft
37,694
-
Trade creditors
66,800
30,772
Taxation and social security
26,496
16,775
Other creditors
10,334
3,452
141,324
50,999
5. Average number of persons employed
During the year the average number of employees was 3 (2020 : 3)
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