REGISTERED NUMBER: 04584722 (England and Wales)

Financial Statements for the Year Ended 31 March 2018

for

Consol Associates Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Bowler

S Goodyear

SECRETARY:

J Bowler

REGISTERED OFFICE:

Anchor House

50 High Street

Bagshot

Surrey

GU19 5AW

REGISTERED NUMBER:

04584722 (England and Wales)

ACCOUNTANT:

J N Flanagan ATT (Fellow)

The Granary,

Hones Yard,

1 Waverley Lane,

Farnham,

Surrey

GU9 8BB

FIXED ASSETS

Tangible assets

4

2,561

2,986

CURRENT ASSETS

Debtors

5

85,773

68,119

Investments

6

125,000

125,000

Prepayments and accrued income

1,499

-

Cash at bank and in hand

183,669

138,875

395,941

331,994

CREDITORS

Amounts falling due within one year

7

99,640

90,050

NET CURRENT ASSETS

296,301

241,944

TOTAL ASSETS LESS CURRENT LIABILITIES

298,862

244,930

PROVISIONS FOR LIABILITIES

467

-

NET ASSETS

298,395

244,930

CAPITAL AND RESERVES

Called up share capital

100

100

Capital redemption reserve

1

1

Retained earnings

298,294

244,829

SHAREHOLDERS' FUNDS

298,395

244,930

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 21 December 2018 and were signed on its behalf by:

S Goodyear - Director

J Bowler - Director

1.	STATUTORY INFORMATION

Consol Associates 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.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

12,417

Additions

429

At 31 March 2018

12,846

DEPRECIATION

At 1 April 2017

9,431

Charge for year

854

At 31 March 2018

10,285

NET BOOK VALUE

At 31 March 2018

2,561

At 31 March 2017

2,986

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

85,518

68,087

Other debtors

255

32

85,773

68,119

6.	CURRENT ASSET INVESTMENTS

31.3.18

31.3.17

£

£

Quoted investments

125,000

125,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade creditors

3,842

3,840

Taxation and social security

75,401

68,460

Other creditors

20,397

17,750

99,640

90,050