Everitt Consulting Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 06706981 (England and Wales)

Financial Statements for the Year Ended 30 September 2017

for

Everitt Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Everitt

C M Everitt

SECRETARY:

C M Everitt

REGISTERED OFFICE:

Suites 5 & 6 The Printworks

Hey Road

Barrow

Clitheroe

Lancashire

BB7 9WB

REGISTERED NUMBER:

06706981 (England and Wales)

ACCOUNTANTS:

Bennett Kirkhope Smith

Chartered Certified Accountants

Suites 5 & 6 The Printworks

Hey Road

Barrow

Clitheroe

Lancashire

BB7 9WB

FIXED ASSETS

Tangible assets

4

1,742

651

CURRENT ASSETS

Debtors

5

24,397

27,766

Cash at bank

21,740

8,528

46,137

36,294

CREDITORS

Amounts falling due within one year

6

47,870

36,938

NET CURRENT LIABILITIES

(1,733

)

(644

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9

7

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

7

5

SHAREHOLDERS' FUNDS

9

7

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 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.

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 Board of Directors on 26 June 2018 and were signed on its behalf by:

M Everitt - Director

1.	STATUTORY INFORMATION

Everitt Consulting 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.

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

-

33% 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 October 2016

2,920

Additions

1,962

At 30 September 2017

4,882

DEPRECIATION

At 1 October 2016

2,269

Charge for year

871

At 30 September 2017

3,140

NET BOOK VALUE

At 30 September 2017

1,742

At 30 September 2016

651

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Trade debtors

16,800

5,940

Directors' current accounts

2,303

16,288

Tax

5,294

5,294

Prepayments

-

244

24,397

27,766

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Corporation tax

38,422

31,518

Social security and other taxes

1

72

VAT

6,088

2,587

Accrued expenses

3,359

2,761

47,870

36,938

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.17

30.9.16

value:

£

£

2

Ordinary

£1

2

2

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended

30 September 2017 and 30 September 2016:

30.9.17

30.9.16

£

£

M Everitt and C M Everitt

Balance outstanding at start of year

16,288

(640

)

Amounts advanced

104,766

78,247

Amounts repaid

(118,751

)

(61,319

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,303

16,288

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £96,430 (2016 - £41,000) were paid to the directors .

10.	ULTIMATE CONTROLLING PARTY