Elliott Moss Consulting Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07212995 (England and Wales)

ELLIOTT MOSS CONSULTING LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

Mr S Pasbola

REGISTERED OFFICE:

29 Welbeck Avenue

Tunbridge Wells

Kent

TN4 9BD

REGISTERED NUMBER:

07212995 (England and Wales)

ACCOUNTANTS:

Haines Watts (SEM) Limited

1 Rushmills

Bedford Road

Northampton

Northamptonshire

NN4 7YB

The following reproduces the text of the report prepared for the director 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 Director 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 Elliott Moss Consulting Ltd for the year ended 30 April 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 Elliott Moss Consulting Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Elliott Moss Consulting Ltd and state those matters that we have agreed to state to the director of Elliott Moss Consulting Ltd 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 Elliott Moss Consulting Ltd and its director for our work or for this report.

It is your duty to ensure that Elliott Moss Consulting Ltd 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 Elliott Moss Consulting Ltd. You consider that Elliott Moss Consulting Ltd 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 Elliott Moss Consulting Ltd. 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 (SEM) Limited

1 Rushmills

Bedford Road

Northampton

Northamptonshire

NN4 7YB

Date: .............................................

FIXED ASSETS

Tangible assets

4

917

758

CURRENT ASSETS

Stocks

7,377

-

Debtors

5

41,015

81,704

Cash at bank

47,089

27,288

95,481

108,992

CREDITORS

Amounts falling due within one year

6

9,097

27,097

NET CURRENT ASSETS

86,384

81,895

TOTAL ASSETS LESS CURRENT
LIABILITIES

87,301

82,653

PROVISIONS FOR LIABILITIES

183

152

NET ASSETS

87,118

82,501

CAPITAL AND RESERVES

Called up share capital

7

6

Retained earnings

87,112

82,495

SHAREHOLDERS' FUNDS

87,118

82,501

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 31 January 2018 and were signed by:

Mr S Pasbola - Director

1.	STATUTORY INFORMATION

Elliott Moss Consulting 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.

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

The company has adopted FRS 102 for the first time in the period ended 30th April 2017.

The effect of the transition from the previous financial reporting framework to FRS 102 has been considered.

There has been no material impact in relation to the following:

- changes in accounting policies

- changes in shareholders funds

- comparative year profit or loss

On that basis, no restatement has been undertaken.

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

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to profit or loss in the period to which they relate.

Conversion of foreign currency

Transactions in foreign currency are converted at the exchange rate at the date of transaction. Year end

balances in foreign currency are converted at the year end rate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 May 2016

2,126

Additions

464

At 30 April 2017

2,590

DEPRECIATION

At 1 May 2016

1,368

Charge for year

305

At 30 April 2017

1,673

NET BOOK VALUE

At 30 April 2017

917

At 30 April 2016

758

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Trade debtors

26,506

81,558

Other debtors

14,289

-

VAT

220

146

41,015

81,704

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Tax

5,234

20,887

Social security and other taxes

208

216

Other creditors

2,080

2,426

Directors' loan accounts

385

2,400

Accrued expenses

1,190

1,168

9,097

27,097

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

566

Ordinary

0.01

6

8.	FIRST YEAR ADOPTION

The Company has transitioned to FRS 102 from previously being prepared under the historical cost convention

and in accordance with the Financial Reporting Standards for Smaller Entities (effective January 2015) as at

1st May 2016.

Elliott Moss Consulting Ltd - Accounts to registrar (filleted) - small 17.3

Elliott Moss Consulting Ltd - Accounts to registrar (filleted) - small 17.3