I-ARCH CONSULTING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

P M Wislocki

REGISTERED OFFICE:

1 Capel Terrace

Southend-on-Sea

Essex

SS1 1EX

REGISTERED NUMBER:

06952702 (England and Wales)

ACCOUNTANTS:

Clouders

Chartered Certified Accountants

Charter House

103-105 Leigh Road

Leigh-on-Sea

Essex

SS9 1JL

FIXED ASSETS

Tangible assets

4

2,250

2,033

CURRENT ASSETS

Stocks

1,200

27,500

Debtors

5

7,275

4,562

Cash at bank

33

16

8,508

32,078

CREDITORS

Amounts falling due within one year

6

46,252

41,590

NET CURRENT LIABILITIES

(37,744

)

(9,512

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(35,494

)

(7,479

)

PROVISIONS FOR LIABILITIES

268

268

NET LIABILITIES

(35,762

)

(7,747

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(35,763

)

(7,748

)

SHAREHOLDERS' FUNDS

(35,762

)

(7,747

)

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

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

The financial statements were approved by the director on 29th August 2018 and were signed by:

P M Wislocki - Director

1.	STATUTORY INFORMATION

I-Arch Consulting 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

Turnover represents amounts chargeable, net of value added tax, in respect of consultancy

services.

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

-

20% on reducing balance

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and

handling costs in bringing stocks to their present location and condition.

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.

Going concern

The accounts have been prepared on a going concern basis. The director has indicated his

willingness to support the company in meeting all third party liabilities for a period of at least

twelve months from the date of approval of these financial statements.

If the going concern basis were not appropriate, adjustments would have to be made to reduce

the value of assets to their recoverable amount, to provide for any further liabilities that might

arise and to reclassify fixed assets as current assets and long term liabilities as current

liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 1 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st August 2017

1,847

8,123

9,970

Additions

-

1,524

1,524

At 31st July 2018

1,847

9,647

11,494

DEPRECIATION

At 1st August 2017

1,364

6,573

7,937

Charge for year

98

1,209

1,307

At 31st July 2018

1,462

7,782

9,244

NET BOOK VALUE

At 31st July 2018

385

1,865

2,250

At 31st July 2017

483

1,550

2,033

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

6,988

1,705

Other debtors

287

2,857

7,275

4,562

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

1,298

10,458

Taxation and social security

4,740

3,545

Other creditors

40,214

27,587

46,252

41,590

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P M Wislocki.

The following reproduces the text of the report prepared for the director in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act

2006, the company is only required to file a Balance Sheet. Readers are cautioned that the

Income Statement and certain other primary statements and the Report of the Director are

not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st July 2018 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Clouders

Chartered Certified Accountants

Charter House

103-105 Leigh Road

Leigh-on-Sea

Essex

SS9 1JL

Date: .............................................