The Advisory Hub (Company Limited by Guarantee) |
Registered number: |
10527979 |
Statement of financial position |
as at 31 December 2022 |
|
Notes |
|
|
2022 |
|
|
2021 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
1,000 |
|
|
1,500 |
|
Current assets |
Cash at bank and in hand |
|
|
5,489 |
|
|
2,312 |
|
Creditors: amounts falling due within one year |
4 |
|
(5,764) |
|
|
(3,132) |
|
Net current liabilities |
|
|
|
(275) |
|
|
(820) |
|
Net assets |
|
|
|
725 |
|
|
680 |
|
|
|
|
|
|
|
|
Capital and reserves |
Income and expenditure account |
|
|
|
725 |
|
|
680 |
|
Shareholder's funds |
|
|
|
725 |
|
|
680 |
|
|
|
|
|
|
|
|
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. |
|
|
|
|
Zahur Akhtar |
Director |
Approved by the board on 21 September 2023 |
|
The Advisory Hub (Company Limited by Guarantee) |
Notes to the Accounts |
for the year ended 31 December 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 (as applied to small entities by section 1A of the standard). |
|
|
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, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Computer equipment |
25% 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). |
|
|
2 |
Employees |
2022 |
|
2021 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
£ |
|
Cost |
|
At 1 January 2022 |
2,000 |
|
At 31 December 2022 |
2,000 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2022 |
500 |
|
Charge for the year |
500 |
|
At 31 December 2022 |
1,000 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2022 |
1,000 |
|
At 31 December 2021 |
1,500 |
|
|
4 |
Creditors: amounts falling due within one year |
2022 |
|
2021 |
£ |
£ |
|
|
Other creditors |
5,764 |
|
3,132 |
|
|
|
|
|
|
|
|
|
|
5 |
Controlling party |
|
|
The company is non for profit and solely controlled by Zahur Akhtar. |
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|
6 |
Other information |
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The Advisory Hub (Company Limited by Guarantee) is a private company limited by guarantee and incorporated in England. Its registered office is: |
|
Kemp House |
|
152-160 City Road |
|
London |
|
EC1V 2NX |