SX Consultancy Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 02969520 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2017

FOR

SX CONSULTANCY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K Hodgson

SECRETARY:

Mrs S Hodgson

REGISTERED OFFICE:

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

REGISTERED NUMBER:

02969520 (England and Wales)

ACCOUNTANTS:

Sargeant Partnership

Chartered Accountants

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

FIXED ASSETS

Tangible assets

4

204

273

CURRENT ASSETS

Debtors

5

-

94

CREDITORS

Amounts falling due within one year

6

25,426

27,351

NET CURRENT LIABILITIES

(25,426

)

(27,257

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(25,222

)

(26,984

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

(25,322

)

(27,084

)

SHAREHOLDERS' FUNDS

(25,222

)

(26,984

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 21 June 2018 and were signed by:

K Hodgson - Director

1.	STATUTORY INFORMATION

SX 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.

These financial statements for the year ended 30 September 2017 are the first financial statements that comply

with FRS 102 Section 1A small entities. The date of transition is 1 October 2016.

The transition to FRS 102 Section 1A small entities has resulted in a small number of changes in accounting

policies to those used previously.

Turnover

The company's turnover represents the value, excluding Value Added Tax, of services supplied to customers

during the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% per annum on reducing balance

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.

Foreign currencies

Transactions denominated in foreign currencies are translated into sterling and recorded at the rate of exchange

ruling at the date of transaction.

Balances at the year end denominated in a foreign currency are translated into sterling at the rate of exchange

ruling at the balance sheet date.

Consolidation

The parent company and its subsidiary undertakings comprise a small group. The company has therefore taken

advantage of the exemption provided by the Companies Act 2006 not to prepare group financial accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 October 2016

and 30 September 2017

3,224

DEPRECIATION

At 1 October 2016

2,951

Charge for year

69

At 30 September 2017

3,020

NET BOOK VALUE

At 30 September 2017

204

At 30 September 2016

273

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

-

94

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

20,630

24,364

Trade creditors

165

-

Amounts owed to group undertakings

221

221

Taxation and social security

202

-

Other creditors

4,208

2,766

25,426

27,351

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 October 2016

(27,084

)

Profit for the year

1,762

At 30 September 2017

(25,322

)

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

10.	PARENT UNDERTAKINGS

11.	GOING CONCERN

These accounts have been prepared on a going concern basis.

The company has the full financial support of the director.