Contents of the Financial Statements

for the Period Ended 31 May 2021

Company Information

for the Period Ended 31 May 2021

Balance sheet

As at 31 May 2021

The notes form part of these financial statements

Balance sheet continued

As at 31 May 2021

For the year ending 31 May 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 May 2021

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover is the total amount receivable by the company for services rendered and disbursements charged to clients during the year, excluding Vat. Turnover is recognised when a right to consideration has been obtained through performance under each contract and reflects the contract activity during the year having regard to the stage of completion of each contract and the relative uncertainty of predicting ultimate profitability on long term assignments.

  Tangible fixed assets depreciation policy

  Depreciation is provided at the following reducing balance rates in order to write off each asset over its estimated useful life.
  
  Fixtures and equipment 25%

  Other accounting policies

  Deferred tax The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. Tax deferred or accelerated is accounted for in respect of all timing differences. Hire purchase and leasing commitments Rentals paid under operating leases are charged to the income and expenditure account on a straight-line basis over the period of the lease.

Notes to the Financial Statements

for the Period Ended 31 May 2021

• 2. Employees

  	2021	2020
  Average number of employees during the period	3	3

Notes to the Financial Statements

for the Period Ended 31 May 2021

• 3. Off balance sheet disclosure

  No

Notes to the Financial Statements

for the Period Ended 31 May 2021

4. Tangible Assets