REGISTERED NUMBER: 05469341 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2016

for

Cornus Consultancy Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

A Porter

SECRETARY:

R Porter

REGISTERED OFFICE:

Kenton House

Oxford Street

MORETON IN MARSH

GL56 0LA

REGISTERED NUMBER:

05469341 (England and Wales)

ACCOUNTANTS:

Tayabali Tomlin

20 Imperial Square

CHELTENHAM

GL50 1QZ

FIXED ASSETS

Property, plant and equipment

4

7,145

2,942

CURRENT ASSETS

Debtors

5

43,321

428,571

Cash at bank and in hand

132,567

10,548

175,888

439,119

CREDITORS

Amounts falling due within one year

6

39,445

25,296

NET CURRENT ASSETS

136,443

413,823

TOTAL ASSETS LESS CURRENT LIABILITIES

143,588

416,765

PROVISIONS FOR LIABILITIES

1,429

588

NET ASSETS

142,159

416,177

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

142,155

416,173

SHAREHOLDERS' FUNDS

142,159

416,177

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 Comprehensive Income has not been delivered.

The financial statements were approved by the director on 11 September 2017 and were signed by:

A Porter - Director

1.	STATUTORY INFORMATION

Cornus Consultancy 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

Revenue 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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of

Comprehensive Income, 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 statement of financial position date.

Deferred tax

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

the statement of financial position 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 3 .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2016

914

10,899

11,813

Additions

5,934

2,087

8,021

At 31 December 2016

6,848

12,986

19,834

DEPRECIATION

At 1 January 2016

630

8,241

8,871

Charge for year

1,555

2,263

3,818

At 31 December 2016

2,185

10,504

12,689

NET BOOK VALUE

At 31 December 2016

4,663

2,482

7,145

At 31 December 2015

284

2,658

2,942

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade debtors

43,192

100,783

Other debtors

129

327,788

43,321

428,571

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Taxation and social security

30,824

23,373

Other creditors

8,621

1,923

39,445

25,296

7.	RELATED PARTY DISCLOSURES

8.	CONTROLLING PARTY

The company is controlled by A Porter by virtue of his shareholding.