Consilium Capital Limited
|
Registered Number
:
05826264
|
For the year ended 31 May 2017
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2017
Consilium Capital Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Consilium Capital Limited
Statement of Financial Position
2016
2017
Property
,
plant and equipment
|
4,780
2,250
2
-
50,000
3
54,780
2,250
Trade and other receivables
|
25,719
14,792
4
22,978
Cash and cash equivalents
|
150,449
165,241
48,697
Trade and other payables
:
amounts falling due within one
|
year
|
(42,192)
(100,387)
5
6,505
64,854
Net current assets
Total assets less current liabilities
|
119,634
8,755
119,634
Net assets
8,755
25,000
25,000
94,634
(16,245)
119,634
8,755
Shareholders' funds
For the year ended 31 May 2017 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 of its financial statements for the year ended 31 May 2017 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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 have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
|
Mr David Robert Pollock Director
|
These financial statements were approved and authorised for issue by the Board on 27 February 2018 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 May 2017
Consilium Capital Limited
Notes to the Financial Statements
Statutory Information
Consilium Capital Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
05826264
.
|
Principal place of business
:
|
Henry Wood House
2 Riding House Street
London
W1W 7FA
10 Queen Street Place
London
EC4R 1BE
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
|
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Computer Equipment
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
|
2 of 4
For the year ended 31 May 2017
Consilium Capital Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
13,135
3,578
16,713
Provision for depreciation and impairment
|
10,885
Charge for year
1,048
11,933
4,780
2,250
3
.
Investments held as fixed assets
|
50,000
50,000
50,000
50,000
50,000
50,000
Investments held as fixed assets are stated at cost less provisions for any permanent diminution in value.
4
.
Trade and other receivables
|
2016
2017
3,600
13,036
Prepayments and accrued income
|
2,150
2,150
Taxation and social security
|
-
1,491
9,042
9,042
25,719
14,792
3 of 4
For the year ended 31 May 2017
Consilium Capital Limited
Notes to the Financial Statements Continued
5
.
Trade and other payables
:
amounts falling due within one year
|
2016
2017
15,847
591
Taxation and social security
|
14,092
-
Accruals and deferred income
|
2,540
5,080
Directors
'
current accounts
|
67,908
36,521
100,387
42,192
6
.
Transition to FRS
102
|
This is the first financial year that the Company has presented its financial statements in accordance with FRS
102
|
Section
1
A
"
The Financial Reporting Framework Applicable in the UK and Republic of Ireland
'
(
'
FRS
102
'
).
For
|
financial years up to and including the year ended
31
May
2016
,
the Company prepared its financial statements in
|
accordance with Financial Reporting Standard for Smaller Entities
.
The Company
'
s date of transition to FRS
102
is
|
therefore
1
June
2015
.
This note sets out any changes to accounting policies and transitional adjustments that are
|
required for first time transition to FRS
102
.
There are no changes to the accounting policies nor balances relating to
|
the financial year ending
31
May
2017
as a result of this transition
.
|
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