Accountability Consulting Limited - Limited company accounts 16.3

REGISTERED NUMBER: 08044608 (England and Wales)

Report of the Director and

Unaudited Financial Statements

for the Year Ended 30 April 2016

for

Accountability Consulting Limited

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

Ms J A Brown

SECRETARY:

Ms J A Brown

REGISTERED OFFICE:

71-75 Shelton Street

Covent Garden

London

WC2H 9JQ

REGISTERED NUMBER:

08044608 (England and Wales)

ACCOUNTANTS:

SJD Accountancy

Plaza 8

KD Tower

Cotterells

Hemel Hempstead

Herts

HP1 1FW

The director presents her report with the financial statements of the company for the year ended 30 April 2016.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of management consultancy.

DIRECTOR

Ms J A Brown held office during the whole of the period from 1 May 2015 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006

relating to small companies.

ON BEHALF OF THE BOARD:

Ms J A Brown - Director

30 January 2017

TURNOVER

83,221

77,194

Cost of sales

-

541

GROSS PROFIT

83,221

76,653

Administrative expenses

48,326

14,966

OPERATING PROFIT

2

34,895

61,687

Interest receivable and similar income

41

263

PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION

34,936

61,950

Tax on profit on ordinary activities

3

7,033

12,555

PROFIT FOR THE FINANCIAL YEAR

27,903

49,395

CURRENT ASSETS

Debtors

5

27,388

29,483

Investments

6

1,685

-

Cash at bank

23,570

9,540

52,643

39,023

CREDITORS

Amounts falling due within one year

7

29,599

21,928

NET CURRENT ASSETS

23,044

17,095

TOTAL ASSETS LESS CURRENT
LIABILITIES

23,044

17,095

CAPITAL AND RESERVES

Called up share capital

8

1

Profit and loss account

9

23,043

17,094

SHAREHOLDERS' FUNDS

23,044

17,095

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the director on 30 January 2017 and were signed by:

Ms J A Brown - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Deferred tax

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

the balance sheet date.

2.	OPERATING PROFIT

The operating profit is stated after charging:

30.4.16

30.4.15

£

Director's remuneration

-

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the year was as follows:

30.4.16

30.4.15

£

Current tax:

UK corporation tax

7,033

12,555

Tax on profit on ordinary activities

7,033

12,555

4.

DIVIDENDS

30.4.16

30.4.15

£

Ordinary share of 1

Interim

21,954

32,809

5.

DEBTORS

30.4.16

30.4.15

£

Amounts falling due within one year:

Trade debtors

7,800

-

Other debtors

1

Directors' current accounts

13,690

23,585

21,491

23,586

Amounts falling due after more than one year:

Tax

5,897

Aggregate amounts

27,388

29,483

6.	CURRENT ASSET INVESTMENTS

30.4.16

30.4.15

£

Unlisted investments

1,685

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.16

30.4.15

£

Trade creditors

-

1

Corporation tax

24,350

17,516

VAT

5,249

4,411

29,599

21,928

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

1

Ordinary

1

9.

RESERVES

Profit

and loss

account

£

At 1 May 2015

17,094

Profit for the year

27,903

Dividends

(21,954

)

At 30 April 2016

23,043

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2016 and

30 April 2015:

30.4.16

30.4.15

£

Ms J A Brown

Balance outstanding at start of year

23,585

2,572

Amounts advanced

6,861

21,013

Amounts repaid

(16,756

)

-

Balance outstanding at end of year

13,690

23,585

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Ms J A Brown.

The ultimate controlling party is Ms J A Brown.