Company Registration No. 08462071 (England and Wales)
TATE CONSULTING (UK) LIMITED
Unaudited accounts
for the year ended 31 October 2022
TATE CONSULTING (UK) LIMITED
Unaudited accounts
Contents
TATE CONSULTING (UK) LIMITED
Company Information
for the year ended 31 October 2022
Directors
Mr S Tate
Mrs L C Tate
Mr R Cavanagh
Mr J Lee
Company Number
08462071 (England and Wales)
Registered Office
Osborne House
20 Victoria Avenue
Harrogate
North Yorkshire
HG1 5QY
Accountants
John Shackleton & Co Ltd,
10 Claro Court Business Centre
Claro Road
Harrogate
North Yorkshire
HG1 4BA
TATE CONSULTING (UK) LIMITED
Statement of financial position
as at 31 October 2022
Tangible assets
21,509
6,335
Cash at bank and in hand
594,364
171,634
Creditors: amounts falling due within one year
(425,602)
(198,019)
Net current assets
440,187
227,777
Net assets
461,696
234,112
Called up share capital
100
100
Profit and loss account
461,596
234,012
Shareholders' funds
461,696
234,112
For the year ending 31 October 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 8 September 2023 and were signed on its behalf by
Mr S Tate
Director
Company Registration No. 08462071
TATE CONSULTING (UK) LIMITED
Notes to the Accounts
for the year ended 31 October 2022
TATE CONSULTING (UK) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08462071. The registered office is Osborne House, 20 Victoria Avenue, Harrogate, North Yorkshire, HG1 5QY. The company is in the process of being wound up.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives currently estimated as 5 years. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
At 1 November 2021
1,000,000
At 31 October 2022
1,000,000
At 1 November 2021
1,000,000
At 31 October 2022
1,000,000
TATE CONSULTING (UK) LIMITED
Notes to the Accounts
for the year ended 31 October 2022
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2021
6,361
67,468
73,829
Additions
2,599
17,902
20,501
At 31 October 2022
8,960
85,370
94,330
At 1 November 2021
2,532
64,962
67,494
Charge for the year
1,512
3,815
5,327
At 31 October 2022
4,044
68,777
72,821
At 31 October 2022
4,916
16,593
21,509
At 31 October 2021
3,829
2,506
6,335
Amounts falling due within one year
Trade debtors
232,496
158,575
Accrued income and prepayments
23,159
14,609
Other debtors
15,770
80,978
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Creditors: amounts falling due within one year
2022
2021
Trade creditors
153,931
46,436
Taxes and social security
99,714
31,298
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Transactions with related parties
Harmil LLP
An LLP of which Shawbeck Holdings Ltd, Mr S & Mrs L Tate are members.
During the period Harmil LLP invoiced Tate Consulting (UK) Ltd £170,000 (2021 - £120,000). At 31 October 2021 Harmil LLP were owed £94 (2021 - £94).
TATE CONSULTING (UK) LIMITED
Notes to the Accounts
for the year ended 31 October 2022
10
Average number of employees
During the year the average number of employees was 7 (2021: 7).