Company Registration No. SC569486 (Scotland)
A & A IT Consultants Ltd
Unaudited accounts
for the year ended 30 June 2019
A & A IT Consultants Ltd
Unaudited accounts
Contents
A & A IT Consultants Ltd
Company Information
for the year ended 30 June 2019
Director
Muhammad Imran Sohail
Company Number
SC569486 (Scotland)
Registered Office
5 EVIE WYND
NEWTON MEARNS
G77 5GR
SCOTLAND
Accountants
SK and Co Accountants Ltd
92 Kingsheath Avenue
Glasgow
G73 2DD
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
A & A IT Consultants Ltd
for the year ended 30 June 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
A & A IT Consultants Ltd for the year ended
30 June 2019 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
SK and Co Accountants Ltd
Chartered Certified Accountants
92 Kingsheath Avenue
Glasgow
G73 2DD
29 July 2019
A & A IT Consultants Ltd
Statement of financial position
as at
30 June 2019
Tangible assets
1,970
1,006
Cash at bank and in hand
16,009
15,921
Creditors: amounts falling due within one year
(15,753)
(17,351)
Net current assets
2,960
3,113
Called up share capital
100
100
Profit and loss account
4,830
4,019
Shareholders' funds
4,930
4,119
For the year ending 30 June 2019 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.
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 20 July 2019.
Muhammad Imran Sohail
Director
Company Registration No. SC569486
A & A IT Consultants Ltd
Notes to the Accounts
for the year ended 30 June 2019
A & A IT Consultants Ltd is a private company, limited by shares, registered in Scotland, registration number SC569486. The registered office is 5 EVIE WYND, NEWTON MEARNS, G77 5GR, SCOTLAND.
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.
These financial statements for the year ended 30 June 2019 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2017.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on reducing balance method
Computer equipment
3 years straight line basis
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2018
-
2,012
2,012
Additions
464
1,830
2,294
At 30 June 2019
464
3,842
4,306
At 1 July 2018
-
1,006
1,006
Charge for the year
19
1,311
1,330
At 30 June 2019
19
2,317
2,336
At 30 June 2019
445
1,525
1,970
At 30 June 2018
-
1,006
1,006
A & A IT Consultants Ltd
Notes to the Accounts
for the year ended 30 June 2019
6
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
15,224
17,261
Loans from directors
29
-
7
Average number of employees
During the year the average number of employees was 2 (2018: 2).