Company Registration No. 05215210 (England and Wales)
LESLEY ANN CONSULTANCY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018
PAGES FOR FILING WITH REGISTRAR
LESLEY ANN CONSULTANCY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
LESLEY ANN CONSULTANCY LIMITED (REGISTERED NUMBER: 05215210)
BALANCE SHEET
AS AT
30 SEPTEMBER 2018
30 September 2018
- 1 -
2018
2017
Notes
£
£
£
£
Fixed assets
Investments
3
191,160
191,160
Current assets
Debtors
4
48,179
33,179
Cash at bank and in hand
19,663
19,181
67,842
52,360
Creditors: amounts falling due within one year
5
(90,232)
(84,041)
Net current liabilities
(22,390)
(31,681)
Total assets less current liabilities
168,770
159,479
Capital and reserves
Called up share capital
6
201
201
Capital redemption reserve
101
101
Profit and loss reserves
168,468
159,177
Total equity
168,770
159,479
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 30 September 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and signed by the director and authorised for issue on 18 December 2018
Ms L Ward
Director
LESLEY ANN CONSULTANCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018
- 2 -
1
Accounting policies
Company information
Lesley Ann Consultancy Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
Wrens Hill House, Rushett Lane, Norton, Nr Faversham, Kent, ME13 0SH.
1.1
Accounting convention
These financial statements for the year ended 30
June
201
8
are the
first
financial statements of Lesley Ann Consultancy Limited prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 1 October 2015. The reported financial position and financial performance for the previous period are not affected by the transition to FRS 102.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £
1
.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business
.
The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
1.3
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The
company’s
liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 1 (2016 - 1).
3
Fixed asset investments
2018
2017
£
£
Investments
191,160
191,160
LESLEY ANN CONSULTANCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2018
3
Fixed asset investments
(Continued)
- 3 -
Movements in fixed asset investments
Investments other than loans
£
Cost or valuation
At 1 October 2017 & 30 September 2018
191,160
Carrying amount
At 30 September 2018
191,160
At 30 September 2017
191,160
4
Debtors
2018
2017
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
48,179
33,179
5
Creditors: amounts falling due within one year
2018
2017
£
£
Amounts due to group undertakings
60,902
59,239
Corporation tax
14,210
11,874
Other taxation and social security
-
415
Other creditors
15,120
12,513
90,232
84,041
6
Called up share capital
2018
2017
£
£
Ordinary share capital
Issued and fully paid
200 Ordinary of £1 each
200
200
1 Ordinary B of £1 each
1
1
201
201
7
Related party transactions
LESLEY ANN CONSULTANCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2018
7
Related party transactions
(Continued)
- 4 -
During the year the company sold services totalling £30,225 to a company with a common director.
During the year the company sold services totalling £15,113 to a connected company.
At the year end the company owed £149 to a company with a common director.
During the year the company sold services totalling £30,225 to a company with a common director.
At the year end the company was owed £33,179 by a company with a common director.
During the year the company owed £60,753 to a company with a common director.
During the year the company sold services totalling £15,000 to a company with a common director.