Company Registration No. 11753008 (England and Wales)
Seasoned Consultancy Limited
Unaudited accounts
for the year ended 31 January 2023
Seasoned Consultancy Limited
Unaudited accounts
Contents
Seasoned Consultancy Limited
Company Information
for the year ended 31 January 2023
Director
Richard O'Connell
Company Number
11753008 (England and Wales)
Registered Office
C/O WILLIAMS, STANLEY AND CO CLARENDON H
OXFORD
OX1 3HJ
Accountants
Williams Stanley and Co
Seasoned Consultancy Limited
Statement of financial position
as at 31 January 2023
Tangible assets
1,988
4,340
Cash at bank and in hand
32,023
49,848
Creditors: amounts falling due within one year
(45,031)
(35,375)
Net current assets
19,247
31,211
Called up share capital
1
1
Profit and loss account
21,404
35,550
Shareholders' funds
21,405
35,551
For the year ending 31 January 2023 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 director acknowledges his 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 and authorised for issue on 26 October 2023 and were signed on its behalf by
Richard O'Connell
Director
Company Registration No. 11753008
Seasoned Consultancy Limited
Notes to the Accounts
for the year ended 31 January 2023
Seasoned Consultancy Limited is a private company, limited by shares, registered in England and Wales, registration number 11753008. The registered office is C/O WILLIAMS, STANLEY AND CO CLARENDON H, OXFORD, OX1 3HJ.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Computer equipment
33.3% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Seasoned Consultancy Limited
Notes to the Accounts
for the year ended 31 January 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2022
3,449
3,000
1,144
7,593
At 31 January 2023
3,449
3,000
1,144
7,593
At 1 February 2022
1,961
438
854
3,253
Charge for the year
1,399
750
203
2,352
At 31 January 2023
3,360
1,188
1,057
5,605
At 31 January 2023
89
1,812
87
1,988
At 31 January 2022
1,488
2,562
290
4,340
Amounts falling due within one year
Trade debtors
24,310
9,592
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
7,873
24,635
Trade creditors
11,180
(848)
Taxes and social security
13,189
6,890
Loans from directors
6,380
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Average number of employees
During the year the average number of employees was 1 (2022: 1).