Company Registration No. 9042334 (England and Wales)
MEL Goddard Consultancy Limited
Unaudited accounts
for the year ended 31 May 2018
MEL Goddard Consultancy Limited
Unaudited accounts
Contents
MEL Goddard Consultancy Limited
Company Information
for the year ended 31 May 2018
Company Number
9042334 (England and Wales)
Registered Office
1 West Street
Lewes
East Sussex
BN7 2NZ
Accountants
Maxwell-Gumbleton & Co.
1 West Street
Lewes
East Sussex
BN7 2NZ
MEL Goddard Consultancy Limited
Statement of financial position
as at 31 May 2018
Cash at bank and in hand
311,982
257,975
Creditors: amounts falling due within one year
(37,460)
(27,298)
Net current assets
274,522
234,427
Total assets less current liabilities
275,264
235,964
Provisions for liabilities
Net assets
275,123
235,672
Called up share capital
1
1
Profit and loss account
275,122
235,671
Shareholders' funds
275,123
235,672
For the year ending 31 May 2018 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 17 October 2018.
M E L Goddard
Director
Company Registration No. 9042334
MEL Goddard Consultancy Limited
Notes to the Accounts
for the year ended 31 May 2018
MEL Goddard Consultancy Limited is a private company, limited by shares, registered in England and Wales, registration number 9042334. The registered office is 1 West Street, Lewes, East Sussex, BN7 2NZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% per annum on the straight line basis
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
MEL Goddard Consultancy Limited
Notes to the Accounts
for the year ended 31 May 2018
4
Tangible fixed assets
Computer equipment
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
10,577
21,848
Loans from directors
25,683
4,475
7
Deferred taxation
2018
2017
Accelerated capital allowances
141
292
Provision at start of year
292
-
(Credited)/charged to the profit and loss account
(151)
292
Provision at end of year
141
292
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2017: 1).
