Explicatio Consulting Limited - Accounts to registrar - small 17.1
Explicatio Consulting Limited - Accounts to registrar - small 17.1
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 September 2017 |
for |
Explicatio Consulting Limited |
Explicatio Consulting Limited (Registered number: 08202553) |
Contents of the Financial Statements |
for the Year Ended 30 September 2017 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Explicatio Consulting Limited |
Company Information |
for the Year Ended 30 September 2017 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
6 High Street |
Wheathampstead |
Hertfordshire |
AL4 8AA |
Explicatio Consulting Limited (Registered number: 08202553) |
Abridged Balance Sheet |
30 September 2017 |
30.9.17 | 30.9.16 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
Explicatio Consulting Limited (Registered number: 08202553) |
Abridged Balance Sheet - continued |
30 September 2017 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on signed on its behalf by: |
Explicatio Consulting Limited (Registered number: 08202553) |
Notes to the Financial Statements |
for the Year Ended 30 September 2017 |
1. | STATUTORY INFORMATION |
Explicatio Consulting Limited is a |
and Wales. The company's registered number and registered office address can be found |
on the Company Information page. |
Explicatio Consulting Limited is a private company limited by shares and incorporated in |
England. Its registered office is Rivermill House, 6 High Street, Wheathampstead, Herts, |
AL4 8AA. |
The financial statements are presented in Sterling, which is the functional currency of the |
company. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Revenue recognition |
Revenue is measured at the fair value of the consideration received or receivable, having |
regard for contractual obligations. Revenue is reduced for estimated customer returns, |
rebates and other similar allowances. Revenue from the sale of goods is recognised when |
goods are delivered and legal title has passed. |
Tangible fixed assets |
Tangible fixed assets held for the company's own use are stated at cost less accumulated |
depreciation and accumulated impairment losses. Depreciation is provided at rates |
calculated to write off the cost of fixed assets, less their estimated residual value, over their |
expected useful lives at the following rates: - Computer Equipment - 25% on reducing |
balance basis. |
Assets held under finance leases are depreciated in the same way as owned assets. |
At each balance sheet date, the company reviews the carrying amount of its tangible fixed |
assets to determine whether there is any indication that any items have suffered an |
impairment loss. If any such indication exists, the recoverable amount of an asset is |
estimated in order to determine the extent of the impairment loss, if any. Where it is not |
possible to estimate the recoverable amount of the asset, the company estimates the |
recoverable amount of the cash-generating unit to which the asset belongs. |
Explicatio Consulting Limited (Registered number: 08202553) |
Notes to the Financial Statements - continued |
for the Year Ended 30 September 2017 |
2. | ACCOUNTING POLICIES - continued |
Taxation |
Taxation represents the sum of tax currently payable and deferred tax. |
The company's liability for current tax is calculated using tax rates that have been enacted or |
substantively enacted by the end of the reporting period. |
Deferred tax is recognised on all timing differences between the carrying amounts of assets |
and liabilities in the financial statements and the corresponding tax bases in the computation |
of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each |
reporting period and reduced to the extent that it is no longer probable that sufficient taxable |
profits will be available to allow all or part of the asset to be recovered. |
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in |
the period in which the liability is settled or the asset realised, based on tax rates (and tax |
laws) that have been enacted or substantively enacted by the end of the reporting period. |
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 the profit and loss account in the period to which |
they relate |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 October 2016 |
Additions |
At 30 September 2017 |
DEPRECIATION |
At 1 October 2016 |
Charge for year |
At 30 September 2017 |
NET BOOK VALUE |
At 30 September 2017 |
At 30 September 2016 |
5. | PENSION COMMITMENTS |
The company operates a defined contribution pension scheme on behalf of its Directors. |
The assets of the scheme are held separately from those of the company in an |
independently administered fund. No contributions were outstanding at the balance sheet |
date. |
Explicatio Consulting Limited (Registered number: 08202553) |
Notes to the Financial Statements - continued |
for the Year Ended 30 September 2017 |
6. | ULTIMATE CONTROLLING PARTY |
The controlling party is R M Brailsford. |
. |