G BEAKE CONSULTANTS LIMITED - Accounts to registrar - small 17.2

REGISTERED NUMBER: 09587449 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st May 2017

for

G BEAKE CONSULTANTS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Report of the Accountants

5

DIRECTOR:

G Beake

REGISTERED OFFICE:

31 Bybrook Field

Sandgate

Kent

CT20 3BQ

REGISTERED NUMBER:

09587449 (England and Wales)

ACCOUNTANTS:

JV Accountants

75 Western Road

Southall

West London

UB2 5HQ

CURRENT ASSETS

Cash at bank

31,874

24,441

CREDITORS

Amounts falling due within one year

3

29,784

17,758

NET CURRENT ASSETS

2,090

6,683

TOTAL ASSETS LESS CURRENT LIABILITIES

2,090

6,683

CAPITAL AND RESERVES

Called up share capital

4

100

100

Retained earnings

5

1,990

6,583

SHAREHOLDERS' FUNDS

2,090

6,683

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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 26th February 2018 and were signed by:

G Beake - Director

1.	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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement

of financial position 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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

3.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.17

31.5.16

£

£

Trade creditors

1,200

600

Tax

5,920

10,433

VAT

5,902

3,908

Directors' current accounts

16,762

2,817

29,784

17,758

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.17

31.5.16

value:

£

£

100

Ordinary

£1

100

100

5.

RESERVES

Retained

earnings

£

At 1st June 2016

6,583

Profit for the year

23,929

Dividends

(28,522

)

At 31st May 2017

1,990

The following reproduces the text of the report prepared for the director and members 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 Statement of Financial Position. Readers are cautioned that the Income Statement

and certain other primary statements and the Report of the Director are not required to be filed with the

Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31st May 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

JV Accountants

75 Western Road

Southall

West London

UB2 5HQ

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