Green Gauge Consulting Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09176234 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2018

for

Green Gauge Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M J Knight

REGISTERED OFFICE:

The Meadows

Hind Heath Road

Sandbach

Cheshire

CW11 3LZ

REGISTERED NUMBER:

09176234 (England and Wales)

ACCOUNTANTS:

Caerwyn Jones

Chartered Accountants

Emstrey House

Shrewsbury Business Park

Shrewsbury

Shropshire

SY2 6LG

BANKERS:

National Westminster Bank Plc

12 High Street

Hitchin

Hertfordshire

SG5 1YY

FIXED ASSETS

Property, plant and equipment

4

3,448

3,556

CURRENT ASSETS

Debtors

5

50,484

45,642

Cash at bank

51,208

41,189

101,692

86,831

CREDITORS

Amounts falling due within one year

6

56,875

63,857

NET CURRENT ASSETS

44,817

22,974

TOTAL ASSETS LESS CURRENT LIABILITIES

48,265

26,530

PROVISIONS FOR LIABILITIES

655

-

NET ASSETS

47,610

26,530

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

47,510

26,430

SHAREHOLDERS' FUNDS

47,610

26,530

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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.

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 26 February 2019 and were signed by:

M J Knight - Director

1.	STATUTORY INFORMATION

Green Gauge Consulting Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the

Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive income

or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that

are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is

probable that they will be recovered against the reversal of deferred tax liabilities or other future

taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

fittings

£

COST

At 1 September 2017

5,006

Additions

1,314

At 31 August 2018

6,320

DEPRECIATION

At 1 September 2017

1,450

Charge for year

1,422

At 31 August 2018

2,872

NET BOOK VALUE

At 31 August 2018

3,448

At 31 August 2017

3,556

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

50,088

45,642

Other debtors

396

-

50,484

45,642

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

9,441

15,193

Taxation and social security

28,037

24,874

Other creditors

19,397

23,790

56,875

63,857

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2018

2017

£

£

Within one year

5,880

5,880

Between one and five years

3,430

9,310

9,310

15,190

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in creditors due within one year is an amount totalling £11,121 (2017 - £17,473) due to the

director of the company. This balance is repayable on demand. No interest was charged on this

balance during the year.

9.	RELATED PARTY DISCLOSURES

During the year dividends of £40,000 (2017 - £34,555) were paid by the company and received by

the director.