Offspring Consulting Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08762297 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2017

FOR

OFFSPRING CONSULTING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Stephenson

REGISTERED OFFICE:

Riverside Tree Lea

Sixteen Foot Bank

Stonia

March

Cambridgeshire

PE15 0DX

REGISTERED NUMBER:

08762297 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Tangible assets

5

-

356

CURRENT ASSETS

Debtors

6

22,348

134,294

Cash at bank

-

153

22,348

134,447

CREDITORS

Amounts falling due within one year

7

(9,479

)

(63,804

)

NET CURRENT ASSETS

12,869

70,643

TOTAL ASSETS LESS CURRENT LIABILITIES

12,869

70,999

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

12,867

70,997

SHAREHOLDERS' FUNDS

12,869

70,999

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Profit and loss account has not been delivered.

The financial statements were approved by the director on 31 August 2018 and were signed by:

M Stephenson - Director

1.	STATUTORY INFORMATION

Offspring Consulting Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

During the financial year the decision was taken to close the company down. Therefore the accounts have been

prepared on the breakup basis.

Turnover

Turnover represents the sales of IT consultancy services inclusive of VAT.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2016

609

Disposals

(609

)

At 30 November 2017

-

DEPRECIATION

At 1 December 2016

253

Charge for year

152

Eliminated on disposal

(405

)

At 30 November 2017

-

NET BOOK VALUE

At 30 November 2017

-

At 30 November 2016

356

6.

DEBTORS

2017

2016

£

£

Amounts falling due within one year:

Other debtors

7,904

134,294

Amounts falling due after more than one year:

Other debtors

14,444

-

Aggregate amounts

22,348

134,294

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

-

45,904

Other creditors

9,479

17,900

9,479

63,804

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

2

Ordinary

£1

2

2

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2017 and

30 November 2016:

2017

2016

£

£

M Stephenson

Balance outstanding at start of year

60,604

8,323

Amounts advanced

-

52,281

Amounts repaid

(60,604

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

60,604

10.	RELATED PARTY DISCLOSURES

The director was owed £9,479 (2016: (£60,604)) at the balance sheet date. The amount bears no interest and will

be repaid during the company's dissolution. The amount is disclosed within other creditors.

11.	FIRST YEAR ADOPTION

The transition to FRS Section 102 has not resulted in any changes to accounting policy selection, the recognition,

measurement or presentation of assets, liabilities or classification and presentation of income and expenditure in

relation to the year ended 30th November 2016. As such the reported profit has remained unchanged.