Prospect Consultancy & Design Limited - Accounts

Prospect Consultancy & Design Limited - Accounts

MANYONE LONDON LTD - Company Information

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Prospect Consultancy & Design Limited 05755753 other professional, scientific and technical activities not elsewhere classified false 1 April 2017 05755753 2017-04-01 2018-03-31 05755753 2017-03-31 05755753 2018-03-31 05755753 2016-04-01 2017-03-31 05755753 2016-03-31 05755753 2017-03-31 05755753 frs102-bus:FRS102 2017-04-01 2018-03-31 05755753 frs102-bus:PrivateLimitedCompanyLtd 2017-04-01 2018-03-31 05755753 frs102-bus:FullAccounts 2017-04-01 2018-03-31 05755753 frs102-bus:AuditExemptWithAccountantsReport 2017-04-01 2018-03-31 05755753 frs102-core:CurrentFinancialInstruments 2018-03-31 05755753 frs102-core:CurrentFinancialInstruments 2017-03-31 05755753 frs102-core:ShareCapital 2018-03-31 05755753 frs102-core:ShareCapital 2017-03-31 05755753 frs102-core:RetainedEarningsAccumulatedLosses 2018-03-31 05755753 frs102-core:RetainedEarningsAccumulatedLosses 2017-03-31 05755753 frs102-bus:Director1 2017-04-01 2018-03-31 05755753 frs102-core:FurnitureFittings 2017-04-01 2018-03-31 05755753 frs102-core:ToolsEquipment 2017-04-01 2018-03-31 05755753 frs102-core:FurnitureFittings 2017-03-31 05755753 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2017-03-31 05755753 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2017-04-01 2018-03-31 05755753 frs102-core:FurnitureFittings 2018-03-31 05755753 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2018-03-31 05755753 frs102-core:FurnitureFittings 2017-03-31 05755753 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2017-03-31 05755753 frs102-bus:OrdinaryShareClass1 2018-03-31 05755753 frs102-bus:OrdinaryShareClass1 2017-03-31 05755753 frs102-bus:OrdinaryShareClass1 2017-04-01 2018-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
05755753
Prospect Consultancy & Design Limited
Unaudited Accounts
for the year ended
31 March 2018
Prospect Consultancy & Design Limited
Balance Sheet
as at 31 March 2018
Notes
 2018
£		 2017
£
Fixed assets
Tangible assets 4 10,195 12,449
10,195 12,449
Current assets
Debtors 5 154,911 98,665
Cash at bank and in hand 433,670 740,153
588,581 838,818
Prepayments and accrued income: 300 307
Creditors: amounts falling due within one year 6 (56,369) (154,612)
Net current assets / (liabilities) 532,512 684,513
Total assets less current liabilities 542,707 696,962
Accruals and deferred income (20,229) (157,121)
Total net assets (liabilities) 522,478 539,841
Capital and reserves
Called up share capital 7 50 50
Profit and loss account 522,428 539,791
Shareholders' funds 522,478 539,841

Prospect Consultancy & Design Limited
Balance Sheet
as at 31 March 2018



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 March 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

A Kluver

Director


Approved by the board on 2 October 2018

Company Number: 05755753 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

4 Bath Street
Studio 4
London
EC1V 9DX

Prospect Consultancy & Design Limited
Notes to the Accounts
for the year ended 31 March 2018

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. 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 depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Fixtures & Fittings 25% Straight Line
Equipment 25% Straight Line
2. Taxation
2018 2017
£ £
UK Corporation Tax 14,327 51,918
Tax on profit/(loss) on ordinary activities 14,327 51,918

3. Employees
2018 2017
Average number of employees during the period 7 6

4. Tangible fixed assets
Fixtures & Fittings Equipment Total
Cost or valuation £ £ £
At 1 April 2017 13,532 36,700 50,232
Additions 0 1,258 1,258
Revaluations 0 299 299
At 31 March 2018 13,532 38,257 51,789
Depreciation
At 1 April 2017 10,569 27,214 37,783
Charge for the period 741 2,673 3,414
At 31 March 2018 11,310 30,284 41,594
Net book value
At 31 March 2018 2,222 7,973 10,195
At 31 March 2017 2,963 9,486 12,449

5. Debtors
2018 2017
£ £
Trade debtors 154,404 98,665
Other debtors 507 0
154,911 98,665

6. Creditors: amounts falling due within one year
2018 2017
£ £
Trade creditors 2,445 12,980
Other creditors 53,924 260,397
56,369 154,612

7. Share capital
2018 2017
£ £
Allotted, called up and fully paid:
50 (2017: 50) Ordinary shares of £1.00 each 50 50
50 50

8. Dividends
2018 2017
£ £
Total dividend payment 82,398 102,792

9. Related party disclosures

Controlling party
The company is wholly controlled by A Kluver.

10. Transactions with directors

There was a loan owed to the director A Kluver of £2,032 at the end of the period.