for the Period Ended 31 July 2021
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 July 2021
Principal activities of the company
Additional information
The directors present their report and the audited financial statements of the company registered number 08043511 for the year ending 31 July 2021.The directors' report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.Aber Business Consultancy Ltd (formally known as Aber-Bangor Consultancy Ltd) (ABC Ltd) is a private company limited by shares that is registered in England and Wales. The company provides consultancy services to external parties on behalf of Aberystwyth University.Financial Review and OutlookWhilst the UK has now left Europe there is still uncertainty on how any future trading agreements between the UK and Europe (and outside Europe) will look like. Despite the continuation of Covid-19 the Company outlook looks reasonably positive as we are expecting to have slight increase in the number of projects undertaken by the Company during 2021/22 as the majority of the work undertaken by the Company is desk based, academic consultants will have additional time to complete work for the Company. Making new contacts will be more difficult given the restrictions on movement imposed by the government, but this will not be the case where existing relationships are in place. There is limited risk to the Company itself, as it will only incur consultancy cost when the final report is issued to the customer. There is also limited risk of a bad debts as the Company will only pay the consultant for their work once the Company has received payment from the customer.Statement of disclosure to auditorsSo far as each director at the date of approving this report is aware, there is no relevant audit information of which the company's auditors are unaware of. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all the relevant audit information and to establish that the company's auditors are aware that information.
Directors
The director shown below has held office during the whole of the period from
1 August 2020 to 31 July 2021
The director shown below has held office during the period of
1 August 2020 to 1 May 2021
The director shown below has held office during the period of
1 May 2021 to 31 July 2021
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2021 | 2020 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Distribution costs: | | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | | ( |
Interest receivable and similar income: | | |
Interest payable and similar charges: | | |
Profit(or loss) before tax: | | ( |
Tax: | ( | |
Profit(or loss) for the financial year: | | ( |
As at
Notes | 2021 | 2020 | |
---|---|---|---|
| £ | £ | |
Called up share capital not paid: | | | |
Fixed assets | |||
Intangible assets: | | | |
Tangible assets: | | | |
Investments: | | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | | | |
Debtors: | 3 | | |
Cash at bank and in hand: | | | |
Investments: | | | |
Total current assets: | | | |
Prepayments and accrued income: | | | |
Creditors: amounts falling due within one year: | 4 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | | | |
Provision for liabilities: | | | |
Accruals and deferred income: | | | |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Share premium account: | | | |
Other reserves: | | | |
Profit and loss account: | | | |
Total Shareholders' funds: | | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 July 2021
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 31 July 2021
2021 | 2020 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 July 2021
2021 | 2020 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Other debtors | | |
Total | | |
Debtors due after more than one year: | | |
for the Period Ended 31 July 2021
2021 | 2020 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Amounts due under finance leases and hire purchase contracts | | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |