Sarah Bayne Consulting Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08961791 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2021

for

Sarah Bayne Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S C Scott

W M Scott

REGISTERED OFFICE:

31 Queen Street

Ramsgate

Kent

CT11 9DZ

REGISTERED NUMBER:

08961791 (England and Wales)

ACCOUNTANTS:

Accountancy Matters (Kent) Limited

Chartered Certified Accountants

31 Queen Street

Ramsgate

Kent

CT11 9DZ

FIXED ASSETS

Tangible assets

4

2,923

1,021

CURRENT ASSETS

Debtors

5

23,460

16,582

Cash at bank

64,290

48,447

87,750

65,029

CREDITORS

Amounts falling due within one year

6

20,363

10,971

NET CURRENT ASSETS

67,387

54,058

TOTAL ASSETS LESS CURRENT LIABILITIES

70,310

55,079

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

70,300

55,069

SHAREHOLDERS' FUNDS

70,310

55,079

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2021 and were signed on its behalf by:

Mrs S C Scott - Director

1.	STATUTORY INFORMATION

Sarah Bayne Consulting 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.

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.

Significant judgements and estimates

The directors have made no significant judgements or estimates in preparing these accounts.

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.

Plant and machinery etc

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2020

2,904

Additions

3,766

At 31 March 2021

6,670

DEPRECIATION

At 1 April 2020

1,883

Charge for year

1,864

At 31 March 2021

3,747

NET BOOK VALUE

At 31 March 2021

2,923

At 31 March 2020

1,021

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Trade debtors

22,813

16,582

Other debtors

647

-

23,460

16,582

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Taxation and social security

10,216

8,282

Other creditors

10,147

2,689

20,363

10,971

7.	RELATED PARTY DISCLOSURES

During the year the directors charged the company rent of £4,250 in respect of home office space.