Silverfin false 30/04/2023 01/05/2022 30/04/2023 Darren Anthony James 01/11/2002 Melissa James 25/02/2021 Ruth Patricia Martin 25/02/2021 Thomas Findlay Stables 21/04/2003 23 October 2023 The principal activity of the company during the financial year was that of service management for an employment placement agency. 04526963 2023-04-30 04526963 bus:Director1 2023-04-30 04526963 bus:Director2 2023-04-30 04526963 bus:Director3 2023-04-30 04526963 bus:Director4 2023-04-30 04526963 2022-04-30 04526963 core:CurrentFinancialInstruments 2023-04-30 04526963 core:CurrentFinancialInstruments 2022-04-30 04526963 core:ShareCapital 2023-04-30 04526963 core:ShareCapital 2022-04-30 04526963 core:SharePremium 2023-04-30 04526963 core:SharePremium 2022-04-30 04526963 core:CapitalRedemptionReserve 2023-04-30 04526963 core:CapitalRedemptionReserve 2022-04-30 04526963 core:RetainedEarningsAccumulatedLosses 2023-04-30 04526963 core:RetainedEarningsAccumulatedLosses 2022-04-30 04526963 core:CostValuation 2022-04-30 04526963 core:CostValuation 2023-04-30 04526963 core:ProvisionsForImpairmentInvestments 2022-04-30 04526963 core:ProvisionsForImpairmentInvestments 2023-04-30 04526963 bus:OrdinaryShareClass1 2023-04-30 04526963 bus:OrdinaryShareClass2 2023-04-30 04526963 2022-05-01 2023-04-30 04526963 bus:FullAccounts 2022-05-01 2023-04-30 04526963 bus:SmallEntities 2022-05-01 2023-04-30 04526963 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 04526963 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 04526963 bus:Director1 2022-05-01 2023-04-30 04526963 bus:Director2 2022-05-01 2023-04-30 04526963 bus:Director3 2022-05-01 2023-04-30 04526963 bus:Director4 2022-05-01 2023-04-30 04526963 2021-05-01 2022-04-30 04526963 bus:OrdinaryShareClass1 2022-05-01 2023-04-30 04526963 bus:OrdinaryShareClass1 2021-05-01 2022-04-30 04526963 bus:OrdinaryShareClass2 2022-05-01 2023-04-30 04526963 bus:OrdinaryShareClass2 2021-05-01 2022-04-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 04526963 (England and Wales)

DEFINITIVE CONSULTING LIMITED

Unaudited Financial Statements
For the financial year ended 30 April 2023
Pages for filing with the registrar

DEFINITIVE CONSULTING LIMITED

Unaudited Financial Statements

For the financial year ended 30 April 2023

Contents

DEFINITIVE CONSULTING LIMITED

STATEMENT OF FINANCIAL POSITION

As at 30 April 2023
DEFINITIVE CONSULTING LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 30 April 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 47,874 47,874
47,874 47,874
Current assets
Debtors 4 365,594 492,152
Cash at bank and in hand 4,710 3,808
370,304 495,960
Creditors: amounts falling due within one year 5 ( 361,092) ( 453,814)
Net current assets 9,212 42,146
Total assets less current liabilities 57,086 90,020
Net assets 57,086 90,020
Capital and reserves
Called-up share capital 6 8,959 8,959
Share premium account 61,762 61,762
Capital redemption reserve 1,550 1,550
Profit and loss account ( 15,185 ) 17,749
Total shareholders' funds 57,086 90,020

For the financial year ending 30 April 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Definitive Consulting Limited (registered number: 04526963) were approved and authorised for issue by the Director on 23 October 2023. They were signed on its behalf by:

Darren Anthony James
Director
DEFINITIVE CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2023
DEFINITIVE CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Definitive Consulting Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 85 Gresham Street Gresham Street, London, EC2V 7NQ, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors note that the business has net assets of £57,086. The Company is supported through loans from other group companies. The directors have received assurances that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the Parent Company will continue to support the Company. After making enquiries, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 1 1

3. Fixed asset investments

Investments in associates Total
£ £
Carrying value before impairment
At 01 May 2022 47,874 47,874
At 30 April 2023 47,874 47,874
Provisions for impairment
At 01 May 2022 0 0
At 30 April 2023 0 0
Carrying value at 30 April 2023 47,874 47,874
Carrying value at 30 April 2022 47,874 47,874

4. Debtors

2023 2022
£ £
Amounts owed by Group undertakings 102,592 492,152
Prepayments 421 0
Corporation tax 1,890 0
Other debtors 260,691 0
365,594 492,152

5. Creditors: amounts falling due within one year

2023 2022
£ £
Amounts owed to Group undertakings 177,405 401,658
Accruals 32,959 4,625
Taxation and social security 758 3,470
Other creditors 149,970 44,061
361,092 453,814

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
710 A Ordinary shares of £ 1.00 each 710 710
8,249 B Ordinary shares of £ 1.00 each 8,249 8,249
8,959 8,959