Broadsword Consulting Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10977137 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 22ND SEPTEMBER 2017 TO 30TH SEPTEMBER 2018

FOR

BROADSWORD CONSULTING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R A James

REGISTERED OFFICE:

Ossington Chambers

6-8 Castle Gate

Newark

Nottinghamshire

NG24 1AX

REGISTERED NUMBER:

10977137 (England and Wales)

ACCOUNTANTS:

Stephenson Nuttall & Co

Chartered Accountants

Ossington Chambers

6-8 Castle Gate

Newark

Nottinghamshire

NG24 1AX

FIXED ASSETS

Tangible assets

4

4,106

CURRENT ASSETS

Debtors

5

17,280

Cash at bank

69,053

86,333

CREDITORS

Amounts falling due within one year

6

34,409

NET CURRENT ASSETS

51,924

TOTAL ASSETS LESS CURRENT LIABILITIES

56,030

PROVISIONS FOR LIABILITIES

7

780

NET ASSETS

55,250

CAPITAL AND RESERVES

Called up share capital

8

1

Retained earnings

55,249

SHAREHOLDERS' FUNDS

55,250

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th September 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th September 2018 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 6th November 2018 and were signed by:

R A James - Director

1.	STATUTORY INFORMATION

Broadsword Consulting 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.

Computer equipment

-

Straight line over 3 years

Taxation

Taxation for the period 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

6,159

At 30th September 2018

6,159

DEPRECIATION

Charge for period

2,053

At 30th September 2018

2,053

NET BOOK VALUE

At 30th September 2018

4,106

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

17,280

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Tax

20,465

VAT

11,509

Directors' current accounts

1,685

Accrued expenses

750

34,409

7.	PROVISIONS FOR LIABILITIES

£

Deferred tax

780

Deferred

tax

£

Accelerated capital allowances

780

Balance at 30th September 2018

780

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

1 Ordinary share of £1 was allotted and fully paid for cash at par during the period.

9.	ULTIMATE CONTROLLING PARTY

Mr R A James owns 100% of the company's issued share capital.