M Rhys Consulting Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08738152 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2018

for

M Rhys Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M C Rhys

REGISTERED OFFICE:

Building 6000 Langstone Technology Park

Langstone Road

Havant

Hampshire

PO9 1SA

REGISTERED NUMBER:

08738152 (England and Wales)

ACCOUNTANTS:

AM-PM Accounting Solutions Limited

Building 6000

Langstone Technology Park

Langstone Road

Havant

Hampshire

PO9 1SA

FIXED ASSETS

Tangible assets

4

15

527

Investments

5

15

15

30

542

CURRENT ASSETS

Debtors

6

12,581

-

Cash at bank

1,218

270,111

13,799

270,111

CREDITORS

Amounts falling due within one year

7

13,608

116,222

NET CURRENT ASSETS

191

153,889

TOTAL ASSETS LESS CURRENT LIABILITIES

221

154,431

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

219

154,429

SHAREHOLDERS' FUNDS

221

154,431

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 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 Income Statement has not been delivered.

The financial statements were approved by the director on 29 January 2019 and were signed by:

M C Rhys - Director

1.	STATUTORY INFORMATION

M Rhys 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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 May 2017

and 30 April 2018

2,382

DEPRECIATION

At 1 May 2017

1,855

Charge for year

512

At 30 April 2018

2,367

NET BOOK VALUE

At 30 April 2018

15

At 30 April 2017

527

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2017

and 30 April 2018

15

NET BOOK VALUE

At 30 April 2018

15

At 30 April 2017

15

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Trade debtors

6,600

-

Directors' loan accounts

5,981

-

12,581

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Trade creditors

200

353

Tax

6,923

99,532

Social security and other taxes

2,530

1,500

VAT

3,105

12,896

Directors' loan accounts

-

1,091

Accrued expenses

850

850

13,608

116,222

8.	ULTIMATE CONTROLLING PARTY

The controlling party is M C Rhys.