SSCD Consulting Limited - Period Ending 2019-02-28

Registration number: 10017003

SSCD Consulting Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 28 February 2019

SSCD Consulting Limited

Contents

 

Balance Sheet	1 to 2
Notes to the Financial Statements	3 to 6

SSCD Consulting Limited

Registration number: 10017003

Balance Sheet as at 28 February 2019

	Note	2019 £	2018 £
Current assets
Debtors	4	8,468	25,662
Cash at bank and in hand		247,992	261,824
		256,460	287,486
Creditors: Amounts falling due within one year	5	(9,590)	(80,655)
Net assets		246,870	206,831
Capital and reserves
Called up share capital		300	300
Profit and loss account		246,570	206,531
Total equity		246,870	206,831

The director's statements required by sections 475 (2) and (3) are shown on the following page which forms part of this Balance Sheet.

The notes on pages 3 to 6 form an integral part of these financial statements.

Page 1

SSCD Consulting Limited

Registration number: 10017003

Balance Sheet as at 28 February 2019 (continued)

For the financial year ending 28 February 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 9 October 2019 and signed on its behalf by:
 

 

C Durand

Director

The notes on pages 3 to 6 form an integral part of these financial statements.

Page 2

SSCD Consulting Limited

Notes to the Financial Statements for the Year Ended 28 February 2019

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Wymondham Business Centre
1 Town Green
Wymondham
Norfolk
NR18 0PN
England

The principal place of business is:
Flat 1
123 Canfields Gardens
London
NW6 3DY
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Page 3

SSCD Consulting Limited

Notes to the Financial Statements for the Year Ended 28 February 2019 (continued)

2	Accounting policies (continued)

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2018 - 1).

4

Debtors

	2019 £	2018 £
Trade debtors	-	25,500
Other debtors	8,468	162
Total current trade and other debtors	8,468	25,662

Page 4

SSCD Consulting Limited

Notes to the Financial Statements for the Year Ended 28 February 2019 (continued)

5

Creditors

Creditors: amounts falling due within one year

	Note	2019 £	2018 £
Due within one year
Directors' loan account	7	-	1,268
Taxation and social security		9,590	37,199
Other creditors		-	42,188
		9,590	80,655

6	Share capital

Allotted, called up and fully paid shares

	2019		2018
	No.	£	No.	£
Ordinary of £1 each	300	300	300	300

Page 5

SSCD Consulting Limited

Notes to the Financial Statements for the Year Ended 28 February 2019 (continued)

7	Related party transactions

Transactions with directors

2019	Advances to directors £	At 28 February 2019 £
C Durand
Loans	8,246	8,246

Page 6