Noela Fitton Consultancy Services Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 07964648 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

NOELA FITTON CONSULTANCY SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs N A Fitton

REGISTERED OFFICE:

13 Higher Lane

Lymm

Warrington

Cheshire

WA13 0AR

REGISTERED NUMBER:

07964648 (England and Wales)

ACCOUNTANTS:

Walker Begley Limited

Chartered Accountants

207 Knutsford Road

Grappenhall

Warrington

Cheshire

WA4 2QL

FIXED ASSETS

Tangible assets

4

477

883

CURRENT ASSETS

Debtors

5

24,563

22,805

Cash at bank

16,983

5,872

41,546

28,677

CREDITORS

Amounts falling due within one year

6

22,001

22,103

NET CURRENT ASSETS

19,545

6,574

TOTAL ASSETS LESS CURRENT LIABILITIES

20,022

7,457

PROVISIONS FOR LIABILITIES

95

218

NET ASSETS

19,927

7,239

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

19,827

7,139

SHAREHOLDERS' FUNDS

19,927

7,239

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 director acknowledges her 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 28 December 2017 and were signed by:

Mrs N A Fitton - Director

1.	STATUTORY INFORMATION

Noela Fitton Consultancy Services Ltd 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.

Computer equipment

-

33% on cost

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 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

1,931

Additions

126

At 31 March 2017

2,057

DEPRECIATION

At 1 April 2016

1,048

Charge for year

532

At 31 March 2017

1,580

NET BOOK VALUE

At 31 March 2017

477

At 31 March 2016

883

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/17

31/3/16

£

£

Trade debtors

24,563

22,805

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/17

31/3/16

£

£

Trade creditors

1

307

Tax

16,330

15,706

VAT

5,485

6,070

Directors' current accounts

185

20

22,001

22,103

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/17

31/3/16

value:

£

£

100

Ordinary

1

100

100

8.

RESERVES

Retained

earnings

£

At 1 April 2016

7,139

Profit for the year

63,368

Dividends

(50,680

)

At 31 March 2017

19,827

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, the director made an unsecured interest-free loan available to the company. The loan has no

fixed repayment terms. The balance at the year ended 31 March 2017 was £185 (2016, £20).

During the year, the director received dividends totalling £50,680.

10.	ULTIMATE CONTROLLING PARTY

The director, Mrs N Fitton, is the ultimate controlling party by virtue of her beneficial interest in 100% of the

company's issued ordinary share capital.