Maven Consultancy (Uk) Limited - Period Ending 2016-08-31
Maven Consultancy (Uk) Limited - Period Ending 2016-08-31
Registration number:
for the Year Ended
Maven Consultancy (Uk) Limited
Contents
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Accountants' Report |
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Abbreviated Balance Sheet |
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Notes to the Abbreviated Accounts |
The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Maven Consultancy (Uk) Limited
for the Year Ended 31 August 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Maven Consultancy (Uk) Limited for the year ended 31 August 2016 set out on pages XX from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Maven Consultancy (Uk) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Maven Consultancy (Uk) Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Maven Consultancy (Uk) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Maven Consultancy (Uk) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Maven Consultancy (Uk) Limited. You consider that Maven Consultancy (Uk) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Maven Consultancy (Uk) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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R S Porter & Co Limited
Albion Dockside Building
Hanover Place
Bristol
BS1 6UT
15 May 2017
Maven Consultancy (Uk) Limited
(Registration number: 09196090)
Abbreviated Balance Sheet as at 31 August 2016
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Note |
31 August 2016 |
31 August 2015 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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( |
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Net current assets/(liabilities) |
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( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders funds |
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For the year ending 31 August 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 directors acknowledge their 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
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A Maxwell
Director
Maven Consultancy (Uk) Limited
Notes to the Abbreviated Accounts
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Accounting policies |
Turnover
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.
Revenue recognition
Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
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Asset class |
Depreciation method and rate |
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Plant and machinery |
25% and 33% reducing balance |
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Fixed assets |
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Tangible assets |
Total |
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Cost |
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At 1 September 2015 |
7,490 |
7,490 |
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Additions |
9,486 |
9,486 |
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At 31 August 2016 |
16,976 |
16,976 |
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Depreciation |
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At 1 September 2015 |
946 |
946 |
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Charge for the year |
5,234 |
5,234 |
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At 31 August 2016 |
6,180 |
6,180 |
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Net book value |
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At 31 August 2016 |
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At 31 August 2015 |
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Maven Consultancy (Uk) Limited
Notes to the Abbreviated Accounts
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Share capital |
Allotted, called up and fully paid shares
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31 August 2016 |
31 August 2015 |
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No. |
£ |
No. |
£ |
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Ordinary shares of £1 each |
900 |
900 |
900 |
900 |
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Control |
The director is the controlling party by virtue of his controlling shareholding in the company.