POSTFORD_CONSULTING_LIMIT - Accounts

Included within creditors at the year end is £1,424 (2016: £1,232 debtor) and £1,423 (2016: £1,232 debtor) respectively owed to C M A Botting and L M Botting, directors. The movements in the year relates to net advances to the directors of £189 (2016: £1,187), plus unpaid dividends of £5,500 (2016: £Nil).

Dividends of £77,500 (2016: £46,000) were paid dividends during the year.

Included within administrative expenses is a rental expense of £12,000 (2016 : £ 9,000 ), paid to Jonathan Botting, brother of director and shareholder, C M A Botting.

These financial statements for the year ended 31 May 2017 are the first financial statements of Postford Consulting Limited prepared in accordance with FRS 105, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 105 was 1 April 2015.

Under FRS 105 there is no longer consideration for deferred tax. Deferred tax of £744 on the date of transition, 1 April 2015 and £1,570 as at 31 March 2016 have been released to retained profit.

Postford Consulting Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Old Steppe House, Brighton Road, Godalming, Surrey, GU7 1NS.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

For the year ended 31 May 2017 the company was entitled to exemption from audit under section 477 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 financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.