Suremount Consulting Limited - Accounts to registrar (filleted) - small 18.2
Suremount Consulting Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2018 |
FOR |
SUREMOUNT CONSULTING LIMITED |
SUREMOUNT CONSULTING LIMITED (REGISTERED NUMBER: 06979558) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2018 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
SUREMOUNT CONSULTING LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 AUGUST 2018 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
311 Ballards Lane |
London |
N12 8LY |
SUREMOUNT CONSULTING LIMITED (REGISTERED NUMBER: 06979558) |
BALANCE SHEET |
31 AUGUST 2018 |
31.8.18 | 31.8.17 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Investments | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Fair value reserve | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
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 |
SUREMOUNT CONSULTING LIMITED (REGISTERED NUMBER: 06979558) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2018 |
1. | STATUTORY INFORMATION |
Suremount 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 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 |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
Financial instruments |
Basic financial assets and liabilities, including trade debtors and creditors, other debtors and creditors and |
amounts with related parties are initially recognised at transaction price and are subsequently carried at amortised |
cost using the effective interest method unless the arrangements constitutes a financing transaction, where the |
transaction is measured at the present value of the future receipts discounted at a market rate of interest. |
Financial assets and liabilities classified as receivable or payable within one year are not amortised. |
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. |
Investments |
Listed investments are stated at fair value with any gains and losses taken to the income statement. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.8.18 | 31.8.17 |
£ | £ |
Trade debtors |
Other debtors |
SUREMOUNT CONSULTING LIMITED (REGISTERED NUMBER: 06979558) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2018 |
5. | CURRENT ASSET INVESTMENTS |
31.8.18 | 31.8.17 |
£ | £ |
Listed investments | 100,205 | 180,614 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.8.18 | 31.8.17 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
7. | RESERVES |
Fair |
value |
reserve |
£ |
At 1 September 2017 |
Unrealised loss on investments | (73,907 | ) |
At 31 August 2018 |
8. | RELATED PARTY DISCLOSURES |
At the balance sheet date Wayne Lammert owed the company £17,945 (at 31 August 2017 the company owed |
him £7,364). This is included in other debtors. The maximum amount owed by Mr Lammert any time during the |
period was £87,558. No interest is charged on overdrawn directors' current account balances. |