|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 AUGUST 2017 |
|
FOR |
|
NEW ERA CONSULTANCY LIMITED |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 AUGUST 2017 |
|
FOR |
|
NEW ERA CONSULTANCY LIMITED |
NEW ERA CONSULTANCY LIMITED (REGISTERED NUMBER: 03825656) |
|
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2017 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Statement of Financial Position | 2 |
|
Notes to the Financial Statements | 3 |
|
NEW ERA CONSULTANCY LIMITED |
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 AUGUST 2017 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
NEW ERA CONSULTANCY LIMITED (REGISTERED NUMBER: 03825656) |
|
STATEMENT OF FINANCIAL POSITION |
31 AUGUST 2017 |
|
2017 | 2016 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 5 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 6 |
|
|
Retained earnings | 7 |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
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. |
|
|
|
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
|
|
|
|
|
|
|
|
NEW ERA CONSULTANCY LIMITED (REGISTERED NUMBER: 03825656) |
|
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2017 |
|
|
1. | STATUTORY INFORMATION |
|
New Era Consultancy Limited is a
|
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. | ACCOUNTING POLICIES |
|
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
|
|
The preparation of financial statements in conformity with FRS 102 Section 1A requires the use of certain critical |
accounting estimates. It also requires management to exercise judgement in applying the company's accounting |
policies. |
|
Information on the impact of first-time adoption of FRS 102 Section 1A is given in the last note in notes to the |
financial statements. The following principal accounting policies have been applied: |
|
TURNOVER |
Turnover represents net invoiced sales value of services, excluding value added tax. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Other debtors |
|
|
|
Other debtors includes the balance of director's loan account of £7,236 (2016 : £10,852). |
|
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Taxation and social security |
|
|
|
6. | CALLED UP SHARE CAPITAL |
|
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2017 | 2016 |
value: | £ | £ |
|
Ordinary | £1 | 1 | 1 |
NEW ERA CONSULTANCY LIMITED (REGISTERED NUMBER: 03825656) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2017 |
|
|
7. | RESERVES |
Retained |
earnings |
£ |
|
At 1 September 2016 |
|
Profit for the year |
|
Dividends | ( |
) |
At 31 August 2017 |
|
|
8. | RELATED PARTY DISCLOSURES |
|
During the year, total dividends of £75,000 (2016 - £77,000) were paid to the director . |
|
As at balance sheet date, there is an amount due from director, Nicola Ann Simpson £7,236 (2016:£10,852).This is |
an interest free advance from the company and does not have a fixed date of repayment. |
|
9. | CONTROLLING PARTY |
|
The controlling party is Nicola Ann Simpson. |
|
10. | FIRST YEAR ADOPTION |
|
This was the first period that the company has presented its results under FRS 102 section 1A. The last financial |
statements under FRSSE 2015 were for the period ended 31 August 2016. The date of transition to FRS102 Section |
1A was 1 September 2015. |
|
There is no impact on either the Profit and Loss Account or the net assets of the company upon the transition to FRS |
102 section 1A. |