Heritage Consultancy Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02396418 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2021

for

Heritage Consultancy Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Report of the Accountants

6

DIRECTOR:

Penelope Cobham CBE

REGISTERED OFFICE:

52-54 Winchester Street

Salisbury

Wiltshire

SP1 1HG

REGISTERED NUMBER:

02396418 (England and Wales)

ACCOUNTANTS:

Ray Bartlett & Co

Certified Public Accountants

52-54 Winchester Street

Salisbury

Wiltshire

SP1 1HG

FIXED ASSETS

Tangible assets

4

-

269

CURRENT ASSETS

Debtors

5

6,466

15,621

Cash at bank

4,662

42,180

11,128

57,801

CREDITORS

Amounts falling due within one year

6

(7,525

)

784

NET CURRENT ASSETS

18,653

57,017

TOTAL ASSETS LESS CURRENT LIABILITIES

18,653

57,286

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

8

18,651

57,284

SHAREHOLDERS' FUNDS

18,653

57,286

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 15 December 2021 and were signed by:

Penelope Cobham CBE - Director

1.	STATUTORY INFORMATION

Heritage 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

-

25% on cost

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 operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 November 2020

402

Disposals

(202

)

At 31 October 2021

200

DEPRECIATION

At 1 November 2020

133

Charge for year

67

At 31 October 2021

200

NET BOOK VALUE

At 31 October 2021

-

At 31 October 2020

269

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.21

31.10.20

£

£

Trade debtors

-

9,000

Tax

6,466

6,466

VAT

-

155

6,466

15,621

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.21

31.10.20

£

£

Trade creditors

601

17

Tax

(8,483

)

-

Social security and other taxes

324

326

Other creditors

-

360

Directors' current accounts

33

81

(7,525

)

784

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.21

31.10.20

value:

£

£

2

Ordinary

£1

2

2

8.

RESERVES

Retained

earnings

£

At 1 November 2020

57,284

Deficit for the year

(36,433

)

Dividends

(2,200

)

At 31 October 2021

18,651

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 October 2021 set out on pages one to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Ray Bartlett & Co

Certified Public Accountants

52-54 Winchester Street

Salisbury

Wiltshire

SP1 1HG

22 December 2021