De Montfort Advisory Ltd - Accounts to registrar (filleted) - small 18.2
De Montfort Advisory Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| DE MONTFORT ADVISORY LTD |
| FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1ST SEPTEMBER 2019 TO 28TH FEBRUARY 2021 |
| DE MONTFORT ADVISORY LTD (REGISTERED NUMBER: 10205400) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1ST SEPTEMBER 2019 TO 28TH FEBRUARY 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| DE MONTFORT ADVISORY LTD |
| COMPANY INFORMATION |
| FOR THE PERIOD 1ST SEPTEMBER 2019 TO 28TH FEBRUARY 2021 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Cash's Business Centre |
| 1st Floor |
| 228 Widdrington Road |
| Coventry |
| West Midlands |
| CV1 4PB |
| DE MONTFORT ADVISORY LTD (REGISTERED NUMBER: 10205400) |
| BALANCE SHEET |
| 28TH FEBRUARY 2021 |
| 2021 | 2019 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| DE MONTFORT ADVISORY LTD (REGISTERED NUMBER: 10205400) |
| BALANCE SHEET - continued |
| 28TH FEBRUARY 2021 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| DE MONTFORT ADVISORY LTD (REGISTERED NUMBER: 10205400) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1ST SEPTEMBER 2019 TO 28TH FEBRUARY 2021 |
| 1. | STATUTORY INFORMATION |
| De Montfort Advisory Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
| 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. |
| DE MONTFORT ADVISORY LTD (REGISTERED NUMBER: 10205400) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1ST SEPTEMBER 2019 TO 28TH FEBRUARY 2021 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| 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 period was |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1st September 2019 |
| and 28th February 2021 |
| AMORTISATION |
| At 1st September 2019 |
| Charge for period |
| At 28th February 2021 |
| NET BOOK VALUE |
| At 28th February 2021 |
| At 31st August 2019 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and |
| fittings |
| £ |
| COST |
| At 1st September 2019 |
| Additions |
| At 28th February 2021 |
| DEPRECIATION |
| At 1st September 2019 |
| Charge for period |
| At 28th February 2021 |
| NET BOOK VALUE |
| At 28th February 2021 |
| At 31st August 2019 |
| DE MONTFORT ADVISORY LTD (REGISTERED NUMBER: 10205400) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1ST SEPTEMBER 2019 TO 28TH FEBRUARY 2021 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2019 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2019 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2021 | 2019 |
| £ | £ |
| Bank loans |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2021 | 2019 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| Ordinary A shares | £1 | 1 | 1 |
| Ordinary B shares | £1 | 1 | 1 |
| 102 | 102 |