Tate Consulting (UK) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08462071 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Tate Consulting (UK) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountant

6

DIRECTORS:

S Tate

Mrs L C Tate

J J Bearcroft

R Cavanagh

J Lee

REGISTERED OFFICE:

Building 3

City West One Office Park

Gelderd Road

Leeds

West Yorkshire

LS12 6LN

REGISTERED NUMBER:

08462071 (England and Wales)

ACCOUNTANT:

John Shackleton & Co Ltd

Chartered Certified Accountants

11 Oatlands Drive

Harrogate

North Yorkshire

HG2 8JT

FIXED ASSETS

Intangible assets

2

600,000

800,000

Tangible assets

3

19,706

26,126

619,706

826,126

CURRENT ASSETS

Debtors

4

270,031

207,503

Cash at bank and in hand

166,516

448,615

436,547

656,118

CREDITORS

Amounts falling due within one year

(353,399

)

(568,978

)

NET CURRENT ASSETS

83,148

87,140

TOTAL ASSETS LESS CURRENT
LIABILITIES

702,854

913,266

CREDITORS

Amounts falling due after more than one
year

(472,500

)

(567,743

)

NET ASSETS

230,354

345,523

CAPITAL AND RESERVES

Called up share capital

5

100

Profit and loss account

230,254

345,423

SHAREHOLDERS' FUNDS

230,354

345,523

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 7 December 2016 and were signed on its behalf
by:

J J Bearcroft - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Deferred tax

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

sheet date.

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 the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

1,000,000

AMORTISATION

At 1 April 2015

200,000

Amortisation for year

200,000

At 31 March 2016

400,000

NET BOOK VALUE

At 31 March 2016

600,000

At 31 March 2015

800,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

34,834

Additions

2,987

At 31 March 2016

37,821

DEPRECIATION

At 1 April 2015

8,708

Charge for year

9,407

At 31 March 2016

18,115

NET BOOK VALUE

At 31 March 2016

19,706

At 31 March 2015

26,126

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 96,324

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

1

100

Ordinary shares of £1 were issued in the following classes,

As at 31st March 2015 A-Ordinary 40 (2014 40), B-Ordinary 38 (2014 38), C-Ordinary 20 (2014 20),

D-Ordinary 1 (2014 1) and E-Ordinary 1 (2014 1)

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2016 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.

John Shackleton & Co Ltd

Chartered Certified Accountants

11 Oatlands Drive

Harrogate

North Yorkshire

HG2 8JT

Date: .............................................