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Company Registration No. 10366921 (England and Wales)
Third Eye Consulting Group Limited Unaudited accounts for the year ended 31 December 2022
Third Eye Consulting Group Limited Unaudited accounts Contents
Page
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Third Eye Consulting Group Limited Company Information for the year ended 31 December 2022
Directors
Kelley Elyse Walton Jeffrey Daniel Steinke
Company Number
10366921 (England and Wales)
Registered Office
64 Nile Street London N1 7SR
Accountants
Thriveworks Ltd 4a The Barns, Bulrushes Farm Coombe Hill Road East Grinstead West Sussex RH19 4LZ
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Third Eye Consulting Group Limited for the year ended 31 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Third Eye Consulting Group Limited for the year ended 31 December 2022 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 https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Third Eye Consulting Group Limited, as a body, in accordance with the terms of our engagement letter dated 5 August 2019. Our work has been undertaken solely to prepare for your approval the accounts of Third Eye Consulting Group Limited and state those matters that we have agreed to state to the Board of Directors of Third Eye Consulting Group Limited, as a body, in this report 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. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Third Eye Consulting Group Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Third Eye Consulting Group Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Third Eye Consulting Group Limited. You consider that Third Eye Consulting Group Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Third Eye Consulting Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Thriveworks Ltd Chartered Certified Accountants 4a The Barns, Bulrushes Farm Coombe Hill Road East Grinstead West Sussex RH19 4LZ 6 June 2023
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Third Eye Consulting Group Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
149,171 
134,253 
Current assets
Debtors
826,166 
490,835 
Cash at bank and in hand
94,577 
30,358 
920,743 
521,193 
Creditors: amounts falling due within one year
(2,517,543)
(899,214)
Net current liabilities
(1,596,800)
(378,021)
Total assets less current liabilities
(1,447,629)
(243,768)
Creditors: amounts falling due after more than one year
(84,375)
(112,500)
Net liabilities
(1,532,004)
(356,268)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(1,532,005)
(356,269)
Shareholders' funds
(1,532,004)
(356,268)
For the year ending 31 December 2022 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2023 and were signed on its behalf by
Kelley Elyse Walton Director Company Registration No. 10366921
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Third Eye Consulting Group Limited Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Third Eye Consulting Group Limited is a private company, limited by shares, registered in England and Wales, registration number 10366921. The registered office is 64 Nile Street, London, N1 7SR.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
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
5 years
Computer equipment
3 years
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2022
98,526 
99,964 
198,490 
Additions
12,320 
61,390 
73,710 
At 31 December 2022
110,846 
161,354 
272,200 
Depreciation
At 1 January 2022
21,624 
42,613 
64,237 
Charge for the year
20,125 
38,667 
58,792 
At 31 December 2022
41,749 
81,280 
123,029 
Net book value
At 31 December 2022
69,097 
80,074 
149,171 
At 31 December 2021
76,902 
57,351 
134,253 
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Third Eye Consulting Group Limited Notes to the Accounts for the year ended 31 December 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
290,315 
67,804 
Accrued income and prepayments
100,357 
93,489 
Other debtors
435,494 
329,542 
826,166 
490,835 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
59,738 
37,500 
VAT
517,761 
106,502 
Trade creditors
129,720 
100,075 
Taxes and social security
1,776,832 
446,155 
Other creditors
23,492 
60,669 
Accruals
10,000 
148,313 
2,517,543 
899,214 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
84,375 
112,500 
Being unsecured loans from Director/Shareholders
8
Average number of employees
During the year the average number of employees was 20 (2021: 20).
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