Deavin Consulting Limited - Period Ending 2016-11-30

Registration number: 08110645

Deavin Consulting Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 November 2016
 

Elysium
Chartered Accountants
Suite 5
Brightwater House
Market Place
Ringwood
Hampshire
BH24 1AP

Deavin Consulting Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Deavin Consulting Limited
(Registration number: 08110645)
Abbreviated Balance Sheet at 30 November 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					151			457
Current assets
Cash at bank and in hand					225,894			173,959
Creditors: Amounts falling due within one year					(163,136)			(119,652)
Net current assets					62,758			54,307
Total assets less current liabilities					62,909			54,764
Provisions for liabilities					(30)			(91)
Net assets					62,879			54,673
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					62,878			54,672
Shareholders' funds					62,879			54,673

For the year ending 30 November 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 9 February 2017

.........................................
Mr J Deavin
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Deavin Consulting Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Asset class	Depreciation method and rate
Fixtures & fittings	25% on cost
office equipment	33% on cost

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

Page 2

Deavin Consulting Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2016
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 December 2015		2,122			2,122
At 30 November 2016		2,122			2,122
Depreciation
At 1 December 2015		1,665			1,665
Charge for the year		306			306
At 30 November 2016		1,971			1,971
Net book value
At 30 November 2016		151			151
At 30 November 2015		457			457

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
£1 Ordinary of £1 each		1			1			1			1

Page 3