Caseware UK (AP4) 2022.0.179 2022.0.179 2022-10-312022-10-312021-11-01falsetruetrue1IT1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08706339 2021-11-01 2022-10-31 08706339 2020-10-01 2021-10-31 08706339 2022-10-31 08706339 2021-10-31 08706339 c:Director1 2021-11-01 2022-10-31 08706339 d:CurrentFinancialInstruments 2022-10-31 08706339 d:CurrentFinancialInstruments 2021-10-31 08706339 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 08706339 d:CurrentFinancialInstruments d:WithinOneYear 2021-10-31 08706339 d:ShareCapital 2022-10-31 08706339 d:ShareCapital 2021-10-31 08706339 d:RetainedEarningsAccumulatedLosses 2022-10-31 08706339 d:RetainedEarningsAccumulatedLosses 2021-10-31 08706339 c:FRS102 2021-11-01 2022-10-31 08706339 c:AuditExemptWithAccountantsReport 2021-11-01 2022-10-31 08706339 c:FullAccounts 2021-11-01 2022-10-31 08706339 c:PrivateLimitedCompanyLtd 2021-11-01 2022-10-31 08706339 2 2021-11-01 2022-10-31 iso4217:GBP xbrli:pure

Registered number: 08706339










CONSULT ME IT LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2022

 
CONSULT ME IT LIMITED
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CONSULT ME IT LIMITED
FOR THE YEAR ENDED 31 OCTOBER 2022

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Consult Me IT Limited for the year ended 31 October 2022 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given to us.
 

This report is made solely to the director of Consult Me IT Limited in accordance with the terms of our agreement. Our work has been undertaken solely to prepare for your approval the financial statements of Consult Me IT Limited and state those matters that we have agreed to state to him in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Consult Me IT Limited and its  director for our work or for this report.
 
 
It is your duty to ensure that Consult Me IT Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the Company's assets, liabilities, financial position and loss. You consider that Consult Me IT Limited is exempt from the statutory audit requirement for the .
 
 
We have not been instructed to carry out an audit or review of the financial statements of Consult Me IT 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 financial statements.







Shipleys Tax Planning

19 October 2023
Page 1

 
CONSULT ME IT LIMITED
REGISTERED NUMBER: 08706339

BALANCE SHEET
AS AT 31 OCTOBER 2022

2022
2021
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1,000
1,000

Cash at bank and in hand
 5 
354,527
371,410

  
355,527
372,410

Creditors: amounts falling due within one year
 6 
(861)
(15,991)

Net current assets
  
 
 
354,666
 
 
356,419

Total assets less current liabilities
  
354,666
356,419

  

Net assets
  
354,666
356,419


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
354,566
356,319

  
354,666
356,419


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 October 2023.






Manan Dhanda
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
CONSULT ME IT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

1.


General information

Consult Me IT Limited is a company domiciled in England & Wales, registration number 08706339. The registered office is 73 Princes Avenue, Woodford Green, Essex, IG8 0LW.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 3

 
CONSULT ME IT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).


4.


Debtors

2022
2021
£
£


Amounts owed by group undertakings
1,000
1,000

1,000
1,000



5.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
354,527
371,410

354,527
371,410


Page 4

 
CONSULT ME IT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Corporation tax
-
15,031

Other creditors
861
960

861
15,991



7.


Controlling party

The company is controlled by the director Mr Manan Dhanda.


Page 5