M Rhys Consulting Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 08738152 (England and Wales)

Unaudited Financial Statements

for the Period 1 November 2015 to 30 April 2017

for

M Rhys Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M C Rhys

REGISTERED OFFICE:

Building 6000 Langstone Technology Park

Langstone Road

Havant

Hampshire

PO9 1SA

REGISTERED NUMBER:

08738152 (England and Wales)

ACCOUNTANTS:

AM-PM Accounting Solutions Limited

Building 6000

Langstone Technology Park

Langstone Road

Havant

Hampshire

PO9 1SA

FIXED ASSETS

Tangible assets

4

527

44,614

CURRENT ASSETS

Debtors

5

-

1,764

Cash at bank

270,111

94,896

270,111

96,660

CREDITORS

Amounts falling due within one year

6

116,207

106,565

NET CURRENT ASSETS/(LIABILITIES)

153,904

(9,905

)

TOTAL ASSETS LESS CURRENT LIABILITIES

154,431

34,709

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

154,429

34,707

SHAREHOLDERS' FUNDS

154,431

34,709

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 1 November 2017 and were signed by:

M C Rhys - Director

1.	STATUTORY INFORMATION

M Rhys Consulting Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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

-

25% on reducing balance

Computer equipment

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 November 2015

64,627

2,382

67,009

Disposals

(64,627

)

-

(64,627

)

At 30 April 2017

-

2,382

2,382

DEPRECIATION

At 1 November 2015

21,326

1,069

22,395

Charge for period

-

786

786

Eliminated on disposal

(21,326

)

-

(21,326

)

At 30 April 2017

-

1,855

1,855

NET BOOK VALUE

At 30 April 2017

-

527

527

At 31 October 2015

43,301

1,313

44,614

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

31.10.15

£

£

Other debtors

-

1,764

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

31.10.15

£

£

Trade creditors

353

9,799

Tax

99,532

89,503

Social security and other taxes

1,500

(499

)

VAT

12,896

6,480

Directors' loan accounts

1,076

432

Accrued expenses

850

850

116,207

106,565

7.	ULTIMATE CONTROLLING PARTY

The controlling party is M C Rhys.