Summervale Consultants Limited


1 December 2016 false Taxfiler 2018.10.Web 05235616business:PrivateLimitedCompanyLtd2016-12-012017-11-30 052356162016-11-30 052356162016-12-012017-11-30 05235616business:AuditExempt-NoAccountantsReport2016-12-012017-11-30 05235616business:AbridgedAccounts2016-12-012017-11-30 052356162017-11-30 052356162016-11-30 05235616core:WithinOneYear2017-11-30 05235616core:WithinOneYear2016-11-30 05235616core:ShareCapital2017-11-30 05235616core:ShareCapital2016-11-30 05235616core:RetainedEarningsAccumulatedLosses2017-11-30 05235616core:RetainedEarningsAccumulatedLosses2016-11-30 05235616business:SmallEntities2016-12-012017-11-30 05235616business:Director12016-12-012017-11-30 05235616countries:EnglandWales2016-12-012017-11-30 05235616business:OrdinaryShareClass12016-12-012017-11-30 05235616business:OrdinaryShareClass12015-12-012016-11-30 052356162015-12-012016-11-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 05235616 (England and Wales)
Summervale Consultants Limited Unaudited accounts for the year ended 30 November 2017
Summervale Consultants Limited Statement of financial position as at 30 November 2017
2017 
2016 
Notes
£ 
£ 
Current assets
Debtors
13,159 
12,955 
Cash at bank and in hand
39,763 
76,344 
52,922 
89,299 
Creditors: amounts falling due within one year
(10,630)
(20,716)
Net current assets
42,292 
68,583 
Net assets
42,292 
68,583 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
42,282 
68,573 
Shareholders' funds
42,292 
68,583 
For the year ending 30 November 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 24 August 2018.
R.Bahrani Director Company Registration No. 05235616
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Summervale Consultants Limited Notes to the Accounts for the year ended 30 November 2017
1
Statutory information
Summervale Consultants Limited is a private company, limited by shares, registered in England and Wales, registration number 05235616.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 30 November 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2015. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 December 2016
4,450 
At 30 November 2017
4,450 
Depreciation
At 1 December 2016
4,450 
At 30 November 2017
4,450 
Net book value
At 30 November 2017
- 
5
Share capital
2017 
2016 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
6
Average number of employees
During the year the average number of employees was 2 (2016: 2).
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