TATE CONSULTING (UK) LIMITED

TATE CONSULTING (UK) LIMITED

TATE CONSULTING (UK) LIMITED - Company Information

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1 November 2019 false No description of principal activity Taxfiler 2021.7 08462071business:PrivateLimitedCompanyLtd2019-11-012020-10-31 084620712019-10-31 084620712019-11-012020-10-31 08462071business:AuditExemptWithAccountantsReport2019-11-012020-10-31 08462071business:FullAccounts2019-11-012020-10-31 084620712020-10-31 08462071business:Director12019-11-012020-10-31 08462071business:Director22019-11-012020-10-31 08462071business:Director32019-11-012020-10-31 08462071business:Director42019-11-012020-10-31 08462071business:RegisteredOffice2019-11-012020-10-31 084620712019-10-31 08462071core:WithinOneYear2020-10-31 08462071core:WithinOneYear2019-10-31 08462071core:ShareCapital2020-10-31 08462071core:ShareCapital2019-10-31 08462071core:RetainedEarningsAccumulatedLosses2020-10-31 08462071core:RetainedEarningsAccumulatedLosses2019-10-31 08462071business:SmallEntities2019-11-012020-10-31 08462071countries:EnglandWales2019-11-012020-10-31 08462071core:FurnitureFittings2019-11-012020-10-31 08462071core:ComputerEquipment2019-11-012020-10-31 08462071core:Goodwill2019-10-31 08462071core:Goodwill2020-10-31 08462071core:FurnitureFittings2019-10-31 08462071core:ComputerEquipment2019-10-31 08462071core:FurnitureFittings2020-10-31 08462071core:ComputerEquipment2020-10-31 08462071business:OrdinaryShareClass12019-11-012020-10-31 08462071business:OrdinaryShareClass12018-11-012019-10-31 084620712018-11-012019-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08462071 (England and Wales)
TATE CONSULTING (UK) LIMITED Unaudited accounts for the year ended 31 October 2020
TATE CONSULTING (UK) LIMITED Unaudited accounts Contents
Page
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TATE CONSULTING (UK) LIMITED Company Information for the year ended 31 October 2020
Directors
Mr S Tate Mrs L C Tate Mr R Cavanagh Mr J Lee
Company Number
08462071 (England and Wales)
Registered Office
Building 3, City West Business Park Gelderd Road Leeds West Yorkshire LS12 6LN United Kingdom
Accountants
John Shackleton & Co Ltd, 10 Claro Court Business Centre Claro Road Harrogate North Yorkshire HG1 4BA
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TATE CONSULTING (UK) LIMITED Statement of financial position as at 31 October 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
5
3,585 
1,547 
Current assets
Debtors
6
336,289 
302,554 
Cash at bank and in hand
111,298 
108,332 
447,587 
410,886 
Creditors: amounts falling due within one year
7
(207,613)
(122,628)
Net current assets
239,974 
288,258 
Net assets
243,559 
289,805 
Capital and reserves
Called up share capital
8
100 
100 
Profit and loss account
243,459 
289,705 
Shareholders' funds
243,559 
289,805 
For the year ending 31 October 2020 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 15 April 2021 and were signed on its behalf by
Mr S Tate Director Company Registration No. 08462071
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TATE CONSULTING (UK) LIMITED Notes to the Accounts for the year ended 31 October 2020
1
Statutory information
TATE CONSULTING (UK) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08462071. The registered office is Building 3, City West Business Park, Gelderd Road, Leeds, West Yorkshire, LS12 6LN, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives currently estimated as 5 years. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2019
1,000,000 
At 31 October 2020
1,000,000 
Amortisation
At 1 November 2019
1,000,000 
At 31 October 2020
1,000,000 
Net book value
At 31 October 2020
- 
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TATE CONSULTING (UK) LIMITED Notes to the Accounts for the year ended 31 October 2020
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2019
2,200 
64,765 
66,965 
Additions
- 
2,703 
2,703 
At 31 October 2020
2,200 
67,468 
69,668 
Depreciation
At 1 November 2019
2,200 
63,218 
65,418 
Charge for the year
- 
665 
665 
At 31 October 2020
2,200 
63,883 
66,083 
Net book value
At 31 October 2020
- 
3,585 
3,585 
At 31 October 2019
- 
1,547 
1,547 
6
Debtors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade debtors
298,335 
260,106 
Accrued income and prepayments
37,854 
40,207 
Other debtors
100 
2,241 
336,289 
302,554 
7
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade creditors
41,552 
48,545 
Taxes and social security
114,589 
35,904 
Other creditors
438 
16,484 
Accruals
51,034 
21,695 
207,613 
122,628 
8
Share capital
2020 
2019 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Transactions with related parties
Harmil LLP An LLP of which Harmil Holdings Ltd, Mr S & Mrs L Tate are members. During the period Harmil LLP invoiced Tate Consulting (UK) Ltd £141,206 (2019 - £102,000). At 31 October 2020 Harmil LLP were owed £94 (2019 - £94).
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TATE CONSULTING (UK) LIMITED Notes to the Accounts for the year ended 31 October 2020
10
Controlling party
Tate Group Ltd acquired 20 C shares. Tate Group Ltd has it's registered office and place of business at Osborne House, 20 Victoria Avenue, Harrogate, HG1 5QY.
11
Average number of employees
During the year the average number of employees was 7 (2019: 10).
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