Association Of Consumer Support Organisa - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11795612 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

29TH JANUARY 2019 TO 31ST DECEMBER 2019

FOR

ASSOCIATION OF CONSUMER SUPPORT

ORGANISATIONS LTD

Page

Company Information

1

Abridged Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

DIRECTORS:

M J Maxwell Scott

C E Layfield

B C Welsh

REGISTERED OFFICE:

11 Tufton Street

London

SW1P 3QB

REGISTERED NUMBER:

11795612 (England and Wales)

ACCOUNTANTS:

Allens Accountants Limited

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

FIXED ASSETS

Tangible assets

4

1,715

CURRENT ASSETS

Debtors

152,423

Cash at bank

47,578

200,001

CREDITORS

Amounts falling due within one year

202,818

NET CURRENT LIABILITIES

(2,817

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,102

)

PROVISIONS FOR LIABILITIES

5

326

NET LIABILITIES

(1,428

)

RESERVES

Income and expenditure account

(1,428

)

(1,428

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st December 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st December 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 surplus or deficit 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31st December 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 19th March 2020 and were signed on its behalf by:

B C Welsh - Director

C E Layfield - Director

M J Maxwell Scott - Director

1.	STATUTORY INFORMATION

Association Of Consumer Support Organisations Ltd is a private company, limited by guarantee , 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" including the provisions of Section 1A "Small Entities" 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.

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

-

33% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and

Retained Earnings, 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 period 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

Additions

1,965

At 31st December 2019

1,965

DEPRECIATION

Charge for period

250

At 31st December 2019

250

NET BOOK VALUE

At 31st December 2019

1,715

5.	PROVISIONS FOR LIABILITIES

£

Deferred tax

326

Deferred

tax

£

Charge to Income Statement during period

326

Balance at 31st December 2019

326