Berkshire Consultancy Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 01958899

Abbreviated Accounts

for the Year Ended 31 October 2015

for

BERKSHIRE CONSULTANCY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M Robinson

Ms T D Sharp

K Jones

P R Bassett

A Garbutt

REGISTERED OFFICE:

The Coach House Woods Farm

Easthampstead Road

Wokingham

Berkshire

RG40 3AE

REGISTERED NUMBER:

01958899

ACCOUNTANTS:

Alvis & Company (Accountants) Limited

Milton House

33a Milton Road

Hampton

Middlesex

TW12 2LL

FIXED ASSETS

Tangible assets

2

4,039

6,172

CURRENT ASSETS

Debtors

3

863,137

779,318

Prepayments and accrued income

-

13,017

Cash at bank and in hand

223,893

119,570

1,087,030

911,905

CREDITORS

Amounts falling due within one year

(373,107

)

(264,454

)

NET CURRENT ASSETS

713,923

647,451

TOTAL ASSETS LESS CURRENT LIABILITIES

717,962

653,623

CAPITAL AND RESERVES

Called up share capital

4

20,100

20,100

Profit and loss account

697,862

633,523

SHAREHOLDERS' FUNDS

717,962

653,623

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 26 February 2016 and were signed on its behalf by:

M Robinson - Director

P R Bassett - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related

Party Disclosures, not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

The turnover shown in the profit and loss account represents fee income plus rechargeable expenses, excluding

VAT.

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

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling

at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

61,622

Additions

1,667

At 31 October 2015

63,289

DEPRECIATION

At 1 November 2014

55,450

Charge for year

3,800

At 31 October 2015

59,250

NET BOOK VALUE

At 31 October 2015

4,039

At 31 October 2014

6,172

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 464,740 (31.10.14 - £ 499,414 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

£

20,100

Ordinary

£1

20,100

20,100

5.	ULTIMATE PARENT COMPANY

Berkshire Consultancy Holdings Limited is regarded by the directors as being the company's ultimate parent

company.