All Styles Consultants Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 08214404 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2017

for

All Styles Consultants Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A Styles

REGISTERED OFFICE:

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

REGISTERED NUMBER:

08214404 (England and Wales)

ACCOUNTANTS:

Johnston Wood Roach Limited

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

FIXED ASSETS

Intangible assets

4

1,167

15,167

Investments

5

30

30

1,197

15,197

CURRENT ASSETS

Debtors

6

268,647

240,440

Cash at bank

4,644

1,421

273,291

241,861

CREDITORS

Amounts falling due within one year

7

103,935

168,480

NET CURRENT ASSETS

169,356

73,381

TOTAL ASSETS LESS CURRENT LIABILITIES

170,553

88,578

CAPITAL AND RESERVES

Called up share capital

8

3

3

Retained earnings

9

170,550

88,575

SHAREHOLDERS' FUNDS

170,553

88,578

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 31 May 2018 and were signed by:

A Styles - Director

1.	STATUTORY INFORMATION

All Styles Consultants Limited 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Investments in associates

Investments in associate undertakings are recognised at cost.

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 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.

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 year was 1 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2016

and 31 August 2017

70,000

AMORTISATION

At 1 September 2016

54,833

Charge for year

14,000

At 31 August 2017

68,833

NET BOOK VALUE

At 31 August 2017

1,167

At 31 August 2016

15,167

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 September 2016

and 31 August 2017

30

NET BOOK VALUE

At 31 August 2017

30

At 31 August 2016

30

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.17

31.8.16

£

£

Trade debtors

57,779

40,971

Other debtors

210,868

199,469

268,647

240,440

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.17

31.8.16

£

£

Bank loans and overdrafts

-

1,027

Trade creditors

(1

)

(3,600

)

Amounts owed to group undertakings

22,300

77,516

Taxation and social security

81,636

92,337

Other creditors

-

1,200

103,935

168,480

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.17

31.8.16

value:

£

£

1

Ordinary

£1

1

1

1

'A'

£1

1

1

1

'B'

£1

1

1

3

3

9.

RESERVES

Retained

earnings

£

At 1 September 2016

88,575

Profit for the year

296,975

Dividends

(215,000

)

At 31 August 2017

170,550

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2017 and

31 August 2016:

31.8.17

31.8.16

£

£

A Styles

Balance outstanding at start of year

184,853

163,503

Amounts advanced

368,033

327,356

Amounts repaid

(345,310

)

(306,006

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

207,576

184,853

11.	FIRST YEAR ADOPTION

The company transitioned to FRS 102 from previously extant UK GAAP as at 1 September 2016.

There has been no impact on the equity of the company or the profit previously reported as a result of the

transition.