Angsana Business Consulting Ltd |
Registered number: |
05933865 |
Balance Sheet |
as at 30 September 2022 |
|
Notes |
|
|
2022 |
|
|
2021 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
11,370 |
|
|
16,216 |
|
Current assets |
Debtors |
4 |
|
217,552 |
|
|
102,850 |
Cash at bank and in hand |
|
|
527,491 |
|
|
897,432 |
|
|
|
745,043 |
|
|
1,000,282 |
|
Creditors: amounts falling due within one year |
5 |
|
(224,568) |
|
|
(230,323) |
|
Net current assets |
|
|
|
520,475 |
|
|
769,959 |
|
Total assets less current liabilities |
|
|
|
531,845 |
|
|
786,175 |
|
Provisions for liabilities |
|
|
|
(1,062) |
|
|
(1,158) |
|
Net assets |
|
|
|
530,783 |
|
|
785,017 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
530,683 |
|
|
784,917 |
|
Shareholder's funds |
|
|
|
530,783 |
|
|
785,017 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
Approved by the board on 14 July 2023 |
|
|
|
|
Teck Fah Yong |
Director |
|
Angsana Business Consulting Ltd |
Notes to the Accounts |
for the year ended 30 September 2022 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration receivable, net of value added tax. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Leasehold buildings |
10% per annum on cost |
|
Fixtures, fittings and equipment |
33% per annum on cost |
|
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. |
|
|
Pensions |
|
Contributions to staff pension plans are expensed in the period to which they relate. |
|
|
2 |
Employees |
2022 |
|
2021 |
Number |
Number |
|
|
Average number of employee during year, including directors |
27 |
|
24 |
|
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
Leasehold buildings |
|
Fixtures fittings and equipment |
|
Total |
£ |
£ |
£ |
|
Cost |
|
At 1 October 2021 |
43,380 |
|
86,691 |
|
130,071 |
|
Additions |
- |
|
3,887 |
|
3,887 |
|
Disposals |
- |
|
(8,872) |
|
(8,872) |
|
At 30 September 2022 |
43,380 |
|
81,706 |
|
125,086 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2021 |
33,258 |
|
80,597 |
|
113,855 |
|
Charge for the year |
4,338 |
|
4,395 |
|
8,733 |
|
On disposals |
- |
|
(8,872) |
|
(8,872) |
|
At 30 September 2022 |
37,596 |
|
76,120 |
|
113,716 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2022 |
5,784 |
|
5,586 |
|
11,370 |
|
At 30 September 2021 |
10,122 |
|
6,094 |
|
16,216 |
|
|
|
|
|
|
|
|
|
|
|
4 |
Debtors |
2022 |
|
2021 |
£ |
£ |
|
|
Trade debtors |
200,040 |
|
85,338 |
|
Prepayments and accrued income |
|
8,750 |
|
8,750 |
|
Other debtors |
8,762 |
|
8,762 |
|
|
|
|
|
|
217,552 |
|
102,850 |
|
|
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2022 |
|
2021 |
£ |
£ |
|
|
Taxes and social security costs |
158,125 |
|
183,412 |
|
Accruals and deferred income |
47,247 |
|
38,407 |
|
Other creditors |
19,196 |
|
8,504 |
|
|
|
|
|
|
224,568 |
|
230,323 |
|
|
|
|
|
|
|
|
|
|
6 |
Controlling party |
|
|
The company is controlled by Teck Fah Yong. |
|
|
7 |
Other information |
|
|
Angsana Business Consulting Ltd is a private company limited by shares and incorporated in England. Its registered office is 26 West Street, London, WC2H 9NA. |