Relish Consulting Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 05687953 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

RELISH CONSULTING LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

Directors:

R S Davies

Ms J Sebastian

Secretary:

Ms J Sebastian

Registered office:

Rose Cottage

Fetcham Common Lane

Fetcham

Surrey

KT22 9SQ

Registered number:

05687953 (England and Wales)

Accountants:

Haines Watts

Chartered Accountants

Aissela

46 High Street

Esher

Surrey

KT10 9QY

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to

file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other

primary statements and the Report of the Directors are not required to be filed with the Registrar of

Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Relish Consulting Limited for the year ended 31 March 2017 which comprise the Statement of

Income and Retained Earnings, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Relish Consulting Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Relish Consulting Limited and state those matters that we have agreed to state to the Board of Directors of Relish Consulting Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Relish Consulting Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Relish Consulting Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Relish Consulting Limited. You consider that Relish Consulting 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 financial statements of Relish Consulting 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 financial statements.

Haines Watts

Chartered Accountants

Aissela

46 High Street

Esher

Surrey

KT10 9QY

21 December 2017

Fixed assets

Tangible assets

4

887

-

Current assets

Debtors

5

16,378

11,459

Investments

6

178,464

175,841

Cash at bank

101,959

121,117

296,801

308,417

Creditors

Amounts falling due within one year

7

34,803

29,189

Net current assets

261,998

279,228

Total assets less current liabilities

262,885

279,228

Capital and reserves

Called up share capital

8

2,000

2,000

Retained earnings

9

260,885

277,228

Shareholders' funds

262,885

279,228

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 21 December 2017 and were signed on its behalf by:

R S Davies - Director

Ms J Sebastian - Director

1.	Statutory information

Relish 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.

The accounts have been prepared in accordance with applicable accounting standards.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A

These financial statements for the year ended 31 March 2017 are the first that are prepared in accordance with

FRS 102 Section 1A. The previous financial statements were prepared in accordance with UK GAAP, the date

of transition to FRS 102 Section 1A is 1 April 2015.

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.

Computer equipment

-

Straight line over 7 years

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	Employees and directors

The average number of employees during the year was 2 .

4.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 April 2016

16,317

Additions

1,775

At 31 March 2017

18,092

Depreciation

At 1 April 2016

16,317

Charge for year

888

At 31 March 2017

17,205

Net book value

At 31 March 2017

887

At 31 March 2016

-

5.

Debtors: amounts falling due within one year

2017

2016

£

£

Trade debtors

15,697

10,792

Other debtors

681

667

16,378

11,459

6.	Current asset investments

2017

2016

£

£

Listed investments

178,464

175,841

7.

Creditors: amounts falling due within one year

2017

2016

£

£

Taxation and social security

27,321

24,638

Other creditors

7,482

4,551

34,803

29,189

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

2,000

Ordinary

£1

2,000

2,000

9.

Reserves

Retained

earnings

£

At 1 April 2016

277,228

Profit for the year

93,657

Dividends

(110,000

)

At 31 March 2017

260,885

10.	Related party disclosures

At the year end, the company owed £3,167 to the directors (2016: £1,892).