White Eagle Consulting Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 06949941 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2017

FOR

WHITE EAGLE CONSULTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Crebo

Mrs M C Crebo

SECRETARY:

Mrs M C Crebo

REGISTERED OFFICE:

Victoria Orchard

Dinneford Street

Thorverton

Exeter

Devon

EX5 5NU

REGISTERED NUMBER:

06949941 (England and Wales)

ACCOUNTANTS:

Bush & Co Limited

2 Barnfield Crescent

Exeter

Devon

EX1 1QT

FIXED ASSETS

Tangible assets

5

954

1,296

CURRENT ASSETS

Debtors

6

10,500

28,748

Cash at bank

178,269

192,063

188,769

220,811

CREDITORS

Amounts falling due within one year

7

9,220

29,007

NET CURRENT ASSETS

179,549

191,804

TOTAL ASSETS LESS CURRENT LIABILITIES

180,503

193,100

PROVISIONS FOR LIABILITIES

191

259

NET ASSETS

180,312

192,841

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

180,212

192,741

SHAREHOLDERS' FUNDS

180,312

192,841

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 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 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 Profit & Loss has not been delivered.

The financial statements were approved by the Board of Directors on 20 November 2017 and were signed on its behalf by:

S Crebo - Director

1.	STATUTORY INFORMATION

White Eagle 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the invoiced value of services provided adjusted for value added tax under

the flat rate scheme.

Tangible fixed assets

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

Fixtures & fittings

-

20% on reducing balance

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss,

except to the extent that it relates to items recognised in other comprehensive income or

directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have

been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in

periods different from those in which they are recognised in financial statements. Deferred tax

is measured using tax rates and laws that have been enacted or substantively enacted by the

year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is

probable that they will be recovered against the reversal of deferred tax liabilities or other future

taxable profits.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

5.	TANGIBLE FIXED ASSETS

Fixtures

Computer

& fittings

equipment

Totals

£

£

£

COST

At 1 August 2016

1,498

3,725

5,223

Additions

-

99

99

At 31 July 2017

1,498

3,824

5,322

DEPRECIATION

At 1 August 2016

926

3,001

3,927

Charge for year

114

327

441

At 31 July 2017

1,040

3,328

4,368

NET BOOK VALUE

At 31 July 2017

458

496

954

At 31 July 2016

572

724

1,296

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

-

248

Other debtors

10,500

28,500

10,500

28,748

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Corporation tax

672

8,182

Social security and other taxes

-

341

VAT

-

8,078

Directors' current accounts

7,059

11,469

Accruals

1,489

937

9,220

29,007

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £15,000 were paid to the directors .

The directors' loan is interest free and carries no fixed terms of repayment.

9.	FIRST YEAR ADOPTION

The date of transition to FRS 102 was 1 August 2015. No adjustments were made on

transition.