Company Registration No. 11794433 (England and Wales)
AD Consultancy Group SW Limited
Unaudited accounts
for the year ended 31 January 2023
AD Consultancy Group SW Limited
Unaudited accounts
Contents
AD Consultancy Group SW Limited
Company Information
for the year ended 31 January 2023
Company Number
11794433 (England and Wales)
Registered Office
24 ORCHARD BOULEVARD
OLDLAND COMMON
BRISTOL
BS30 9PT
ENGLAND
Accountants
Clark Denney Limited
21 Snodhurst Avenue
Walderslade
Chatham
Kent
ME5 0SX
AD Consultancy Group SW Limited
Statement of financial position
as at 31 January 2023
Cash at bank and in hand
87,112
70,475
Creditors: amounts falling due within one year
(76,864)
(86,914)
Net current assets
456,668
351,621
Total assets less current liabilities
457,367
352,553
Creditors: amounts falling due after more than one year
(24,167)
(34,167)
Provisions for liabilities
Net assets
433,103
318,386
Called up share capital
100
100
Profit and loss account
433,003
318,286
Shareholders' funds
433,103
318,386
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 23 October 2023 and were signed on its behalf by
Mr Alex Kiely
Director
Company Registration No. 11794433
AD Consultancy Group SW Limited
Notes to the Accounts
for the year ended 31 January 2023
AD Consultancy Group SW Limited is a private company, limited by shares, registered in England and Wales, registration number 11794433. The registered office is 24 ORCHARD BOULEVARD, OLDLAND COMMON, BRISTOL, BS30 9PT, ENGLAND.
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 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:
Computer equipment
25% Reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
AD Consultancy Group SW Limited
Notes to the Accounts
for the year ended 31 January 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2022
1,007
1,953
2,960
At 31 January 2023
1,007
1,953
2,960
At 1 February 2022
756
1,272
2,028
Charge for the year
63
170
233
At 31 January 2023
819
1,442
2,261
At 31 January 2023
188
511
699
At 31 January 2022
251
681
932
Amounts falling due within one year
Trade debtors
6,420
13,020
Other debtors
440,000
355,040
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
10,000
Taxes and social security
51,874
75,131
7
Creditors: amounts falling due after more than one year
2023
2022
8
Transactions with related parties
Included in other debtors is a loan to Property Services SW Limited of £440,000 (2022-£355,000), a Company in which Mr A Kiely is a director and shareholder.
Included in other creditors is a loan from AD Consultancy Group Ltd of £12,000 a company in which Mr A Kiely is a director and shareholder.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).