| Ridgefield Consulting Limited |
| Registered number: |
07298742 |
| Balance Sheet |
| as at 30 June 2017 |
|
| Notes |
|
|
2017 |
|
|
2016 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
161,015 |
|
|
351,459 |
| Tangible assets |
3 |
|
|
13,462 |
|
|
24,229 |
| Investments |
4 |
|
|
- |
|
|
985 |
|
|
|
|
174,477 |
|
|
376,673 |
|
| Current assets |
| Stocks |
|
|
15,196 |
|
|
- |
| Debtors |
5 |
|
57,522 |
|
|
52,490 |
| Cash at bank and in hand |
|
|
29,677 |
|
|
38,964 |
|
|
|
102,395 |
|
|
91,454 |
|
| Creditors: amounts falling due within one year |
6 |
|
(224,884) |
|
|
(217,498) |
|
| Net current liabilities |
|
|
|
(122,489) |
|
|
(126,044) |
|
| Total assets less current liabilities |
|
|
|
51,988 |
|
|
250,629 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
- |
|
|
(174,213) |
|
|
| Net assets |
|
|
|
51,988 |
|
|
76,416 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
51,888 |
|
|
76,316 |
|
| Shareholders' funds |
|
|
|
51,988 |
|
|
76,416 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
| W B Thomas |
| Director |
| Approved by the board on 26 March 2018 |
|
| Ridgefield Consulting Limited |
| Notes to the Accounts |
| for the year ended 30 June 2017 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
25% straight line |
|
Motor vehicles |
25% straight line |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 July 2016 |
603,314 |
|
Additions |
(102,618) |
|
At 30 June 2017 |
500,696 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 July 2016 |
251,855 |
|
Provided during the year |
87,826 |
|
At 30 June 2017 |
339,681 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2017 |
161,015 |
|
At 30 June 2016 |
351,459 |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years. |
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 July 2016 |
743 |
|
37,358 |
|
38,101 |
|
At 30 June 2017 |
743 |
|
37,358 |
|
38,101 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2016 |
743 |
|
13,129 |
|
13,872 |
|
Charge for the year |
- |
|
10,767 |
|
10,767 |
|
At 30 June 2017 |
743 |
|
23,896 |
|
24,639 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2017 |
- |
|
13,462 |
|
13,462 |
|
At 30 June 2016 |
- |
|
24,229 |
|
24,229 |
|
|
| 4 |
Investments |
|
| Other |
| investments |
| £ |
|
Cost |
|
At 1 July 2016 |
985 |
|
Written off |
(985) |
|
|
At 30 June 2017 |
- |
|
|
| 5 |
Debtors |
2017 |
|
2016 |
| £ |
£ |
|
|
Trade debtors |
57,422 |
|
50,140 |
|
Other debtors |
100 |
|
2,350 |
|
|
|
|
|
|
57,522 |
|
52,490 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Bank loans and overdrafts |
71,647 |
|
75,208 |
|
Trade creditors |
- |
|
37,273 |
|
Corporation tax |
552 |
|
28,721 |
|
Other taxes and social security costs |
29,900 |
|
25,898 |
|
Other creditors |
122,785 |
|
50,398 |
|
|
|
|
|
|
224,884 |
|
217,498 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Other creditors |
- |
|
174,213 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
Ridgefield Consulting Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
2 Hinksey Court |
|
Church Way |
|
Oxford |
|
Oxfordshire |
|
OX2 9SX |
