Manchurian Consultancy Limited - Limited company accounts 17.3

REGISTERED NUMBER: 10092035 (England and Wales)

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 31ST MARCH 2016 TO 31ST MARCH 2017

FOR

MANCHURIAN CONSULTANCY LIMITED

Page

Company Information

1

Report of the Director

2

Chartered Accountants' Report

3

Income Statement

4

Balance Sheet

5

Notes to the Financial Statements

6

DIRECTOR:

Ms J S F Lee

SECRETARY:

Exceed Cosec Services Limited

REGISTERED OFFICE:

Bank House

81 St Judes Road

Englefield Green

TW20 0DF

REGISTERED NUMBER:

10092035 (England and Wales)

ACCOUNTANTS:

Exceed CA Ltd

Bank House

81 St Judes Road

Englefield Green

Surrey

TW20 0DF

The director presents her report with the financial statements of the company for the period 31st March 2016 to 31st March 2017.

INCORPORATION

The company was incorporated on 31st March 2016 .

PRINCIPAL ACTIVITY

The principal activity of the company in the period under review was that of Management Consultancy activites

DIRECTOR

Ms J S F Lee was appointed as a director on 31st March 2016 and held office during the whole of the period from then
to the date of this report.

The director, being eligible, offers herself for election at the forthcoming first Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

Ms J S F Lee - Director

2nd December 2017

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

financial statements of Manchurian Consultancy Limited for the period ended 31st March 2017 which comprise the

Income Statement, 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 director of Manchurian Consultancy Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Manchurian Consultancy Limited and state those matters that we have agreed to state to the director of Manchurian Consultancy Limited 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 Manchurian Consultancy Limited director for our work or for this report.

It is your duty to ensure that Manchurian Consultancy 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 Manchurian Consultancy Limited. You consider that Manchurian Consultancy Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Manchurian Consultancy 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.

Exceed CA Ltd

Bank House

81 St Judes Road

Englefield Green

Surrey

TW20 0DF

2nd December 2017

REVENUE

184,131

Administrative expenses

18,613

OPERATING PROFIT

165,518

Interest receivable and similar income

6,537

PROFIT BEFORE TAXATION

172,055

Tax on profit

4

34,662

PROFIT FOR THE FINANCIAL PERIOD

137,393

CURRENT ASSETS

Debtors

6

26,737

Cash at bank

12,476

39,213

CREDITORS

Amounts falling due within one year

7

38,767

NET CURRENT ASSETS

446

TOTAL ASSETS LESS CURRENT
LIABILITIES

446

CAPITAL AND RESERVES

Called up share capital

8

1

Retained earnings

9

445

SHAREHOLDERS' FUNDS

446

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 2nd December 2017 and were signed by:

Ms J S F Lee - Director

1.	STATUTORY INFORMATION

Manchurian Consultancy 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 represents the value of services provided under contracts to the extent that there is a right to

consideration and is recorded at the value of the consideration due. Where a contract has only been partially

completed at the balance sheet date turnover represents the value of the service provided to date based on a

proportion of the total expected consideration at completion.

Where payments are received from customers in advance of services provided, the amounts are recorded as

Deferred Income and included as part of Creditors due within one year.

Taxation

Taxation for the period 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.

3.	EMPLOYEES AND DIRECTORS

The average monthly number of employees during the period was 1 .

£

Director's remuneration

8,052

4.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the period was as follows:

£

Current tax:

UK corporation tax

34,662

Tax on profit

34,662

5.

DIVIDENDS

£

Ordniary Share share of 1

Final

136,948

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Directors' current accounts

26,737

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Tax

34,662

VAT

3,145

Other creditors

960

38,767

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordniary Share

1

9.

RESERVES

Retained

earnings

£

Profit for the period

137,393

Dividends

(136,948

)

At 31st March 2017

445

10.	RELATED PARTY DISCLOSURES

1. The company owns £26,737 from Ms. J S F Lee, the director.

2. Dividend of £136,948 is paid to Ms. J S F Lee, the director, during the year.

11.	ULTIMATE CONTROLLING PARTY

The Ultimate controlling party is Ms. J S F Lee, the director and shareholder of the company.