Isobel Horn Consulting Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09552121 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2018

for

Isobel Horn Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Dr I A Horn

REGISTERED OFFICE:

17 Appleton Court

Calder Park

Wakefield

West Yorkshire

WF2 7AR

REGISTERED NUMBER:

09552121 (England and Wales)

ACCOUNTANTS:

Equate Limited

Chartered Certified Accountants

17 Appleton Court

Calder Park

Wakefield

West Yorkshire

WF2 7AR

FIXED ASSETS

Tangible assets

4

537

-

CURRENT ASSETS

Debtors

5

949

3,880

Cash at bank

12,566

7,093

13,515

10,973

CREDITORS

Amounts falling due within one year

6

13,698

10,900

NET CURRENT (LIABILITIES)/ASSETS

(183

)

73

TOTAL ASSETS LESS CURRENT LIABILITIES

354

73

PROVISIONS FOR LIABILITIES

102

-

NET ASSETS

252

73

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

251

72

SHAREHOLDERS' FUNDS

252

73

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 31 October 2018 and were signed by:

Dr I A Horn - Director

1.	STATUTORY INFORMATION

Isobel Horn 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 cost

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 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

802

At 30 April 2018

802

DEPRECIATION

Charge for year

265

At 30 April 2018

265

NET BOOK VALUE

At 30 April 2018

537

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Other debtors

912

912

Directors' current accounts

-

2,807

Prepayments and accrued income

37

161

949

3,880

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Trade creditors

1,711

1,243

Tax

10,613

8,757

Directors' current accounts

474

-

Accruals and deferred income

900

900

13,698

10,900

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2018

and 30 April 2017:

30.4.18

30.4.17

£

£

Dr I A Horn

Balance outstanding at start of year

2,807

3,381

Amounts advanced

52,486

42,771

Amounts repaid

(55,767

)

(43,345

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(474

)

2,807

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Dr I A Horn.