Three Saints Consultants Ltd - Accounts to registrar - small 17.1

REGISTERED NUMBER: 09423813 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2017

for

Three Saints Consultants Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G Phillips

REGISTERED OFFICE:

23 Meadway

Bury

BL9 9TY

REGISTERED NUMBER:

09423813 (England and Wales)

ACCOUNTANTS:

Account-Angels (North West) Limited

Uglow Farm

Broadhead Road

Edgworth

Bolton

BL7 0JN

FIXED ASSETS

Tangible assets

3

8,802

11,002

CURRENT ASSETS

Debtors

4

2,531

-

Cash at bank

4,070

20,107

6,601

20,107

CREDITORS

Amounts falling due within one year

5

4,416

20,175

NET CURRENT ASSETS/(LIABILITIES)

2,185

(68

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,987

10,934

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

10,986

10,933

SHAREHOLDERS' FUNDS

10,987

10,934

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2017 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 12 April 2017 and were signed by:

G Phillips - Director

1.	STATUTORY INFORMATION

Three Saints Consultants Ltd 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 the provisions of Section 1A "Small Entities" of 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.

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

-

20% on reducing balance

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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 29 February 2016

and 28 February 2017

13,752

DEPRECIATION

At 29 February 2016

2,750

Charge for year

2,200

At 28 February 2017

4,950

NET BOOK VALUE

At 28 February 2017

8,802

At 28 February 2016

11,002

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

2,531

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

1,688

3,983

Other creditors

2,728

16,192

4,416

20,175

6.	RELATED PARTY DISCLOSURES

Included in creditors, amounts falling due within one year, is a director's loan account in the sum of £1728 (2016

£15193) for G Phillips. This loan is unsecured, interest free and repayable upon demand.