Company Registration No. 08636633 (England and Wales)
Duffy-Brogan Consultancy Limited
Unaudited accounts
for the year ended 31 December 2019
Duffy-Brogan Consultancy Limited
Unaudited accounts
Contents
Duffy-Brogan Consultancy Limited
Company Information
for the year ended 31 December 2019
Directors
Mr G P Duffy-Brogan
Mrs M Duffy-Brogan
Company Number
08636633 (England and Wales)
Registered Office
Nannerch Mill
Pen Y Felin
Nannerch
Flintshire
CH7 5RW
Accountants
My Tax Point
12 Nicholas Street
Chester
Cheshire
CH1 2NX
Duffy-Brogan Consultancy Limited
Statement of financial position
as at
31 December 2019
Tangible assets
322,436
317,089
Cash at bank and in hand
37,958
718
Creditors: amounts falling due within one year
(269,790)
(279,260)
Net current liabilities
(224,877)
(262,121)
Total assets less current liabilities
97,559
54,968
Provisions for liabilities
Called up share capital
3
1
Profit and loss account
97,344
54,703
Shareholders' funds
97,347
54,704
For the year ending 31 December 2019 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 February 2021 and were signed on its behalf by
Mrs M Duffy-Brogan
Director
Company Registration No. 08636633
Duffy-Brogan Consultancy Limited
Notes to the Accounts
for the year ended 31 December 2019
Duffy-Brogan Consultancy Limited is a private company, limited by shares, registered in England and Wales, registration number 08636633. The registered office is Nannerch Mill, Pen Y Felin, Nannerch, Flintshire, CH7 5RW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Fixtures & fittings
20% on reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Duffy-Brogan Consultancy Limited
Notes to the Accounts
for the year ended 31 December 2019
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2019
315,697
-
4,038
319,735
Additions
-
7,500
-
7,500
At 31 December 2019
315,697
7,500
4,038
327,235
At 1 January 2019
-
-
2,646
2,646
Charge for the year
-
1,875
278
2,153
At 31 December 2019
-
1,875
2,924
4,799
At 31 December 2019
315,697
5,625
1,114
322,436
At 31 December 2018
315,697
-
1,392
317,089
Accrued income and prepayments
35
76
Other debtors
6,920
16,345
Total debtors less than one year
6,955
16,421
Total debtors
6,955
16,421
6
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
1,228
2,520
Loans from directors
266,373
275,300
7
Transactions with related parties
The directors loaned to the company a total of £71,310 and were repaid a total of £80,237 in the period. The balance owing to the directors' at 31.12.2019 is £266,373 and is repayable on demand.
8
Average number of employees
During the year the average number of employees was 0 (2018: 1).