Registered number: 08134731

Modern Way Consulting Ltd.
Unaudited Financial Statements
for the year ended 31 March 2019

Statement of Financial Position

as at 31 March 2019

  2019
2018
   
£ £
 
£ £
Called up share capital not paid  
  -  
 
  -  
Fixed assets  
  5,899  
 
  4,059  
Current assets  
85,364    
 
51,800    
Prepayments and accrued income  
-    
 
-    
Creditors: amounts falling due within one year  
( 38,224 )  
 
( 24,476 )  
Net current assets (liabilities)  
  47,140  
 
  27,324  
Total assets less current liabilities  
  53,039  
 
  31,383  
Creditors: amounts falling due after more than one year  
  -  
 
  -  
Provisions for liabilities  
  -  
 
  -  
Accruals and deferred income  
  -  
 
  -  
Net assets  
  53,039  
 
  31,383  
     
Capital and reserves  
  53,039  
 
  31,383  

08134731 2018-04-01 2019-03-31 08134731 2017-04-01 2018-03-31 08134731 2019-03-31 08134731 2018-03-31 08134731 2018-04-01 08134731 uk-frs102:WithinOneYear 2019-03-31 08134731 uk-frs102:AfterOneYear 2019-03-31 08134731 uk-frs102:WithinOneYear 2018-03-31 08134731 uk-frs102:AfterOneYear 2018-03-31 08134731 uk-bus:AuditExempt-NoAccountantsReport 2018-04-01 2019-03-31 08134731 uk-bus:AbbreviatedAccounts 2018-04-01 2019-03-31 08134731 uk-bus:Director1 1 2018-04-01 2019-03-31 08134731 uk-bus:Director1 2018-04-01 2019-03-31 08134731 uk-bus:Director1 1 2018-04-01 08134731 uk-bus:Director1 1 2019-03-31 08134731 uk-bus:Micro-entities 2018-04-01 2019-03-31 08134731 uk-bus:PrivateLimitedCompanyLtd 2018-04-01 2019-03-31 iso4217:GBP 08134731 countries:EnglandWales 2018-04-01 2019-03-31 08134731 uk-bus:RegisteredOffice 2018-04-01 2019-03-31

Footnotes to the Statement of Financial Position

Georg Fasching

1. Arrangements not included in Statement of Financial Position

The company has not entered into any arrangements not shown on the Statement of Financial Position.

2. Average number of employees

The average number of employees in the period was 1.

3. Directors’ benefits: advances, credit and guarantees

Georg Fasching

Included in debtors is an amount payable to the company by one of its directors. The amount is an advance of £1,058 made to Georg Fasching, a director of the company, on 24/12/2018.

During the accounting year the maximum amount payable by Georg Fasching was £6,426

The following conditions are attached to the amount payable by Georg Fasching:

  • There is no interest due to be paid on any outstanding amount
  • No fixed date has been set for the amount to be repaid to the company.
Opening balance 01/04/2018 Additional advance Amount repaid Amount written off Amounts waived Interest payable Closing balance 31/03/2019
£ £ £ £ £ £ £
1,155   ( 27,357 )
( 27,357 )
25,144
25,144  
0 0 0 ( 1,058 )

4. Guarantees, contingencies and other financial commitments

There are no guarantees, contingencies or other commitments not included in the financial statements.

Statutory Statements

In accordance with section 414(3) of the Companies Act 2006, these accounts have been prepared in accordance with the FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime for periods commencing on or after 1 January 2016. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 31/03/2019 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 directors acknowledge their responsibilities for complying with the requirements of Companies Act 2006 with respect to accounting records and the preparation of accounts

Company information

a) The company is registered in England and Wales

b) Company registration number - 08134731

c) The company is a private company and is limited by shares

d) The companies registered office address is First Floor, Telecom House, 125-135 Preston Road, Brighton, East Sussex, BN1 6AF, United Kingdom



Approved by the board of directors and signed on behalf of the board,

Modern Way Consulting Ltd.
Director Georg Fasching
Date of approval: 19/12/2019
The company was trading for the entire period 2018-04-01 2019-03-31 2019-03-31 business consultancy 2019-12-19 2019-12-19