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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
Page
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AD Consultancy Group SW Limited Company Information for the year ended 31 January 2023
Director
Mr Alex Kiely
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
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AD Consultancy Group SW Limited Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
699 
932 
Current assets
Debtors
446,420 
368,060 
Cash at bank and in hand
87,112 
70,475 
533,532 
438,535 
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
Deferred tax
(97)
- 
Net assets
433,103 
318,386 
Capital and reserves
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
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AD Consultancy Group SW Limited Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 taxation
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.
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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 
Depreciation
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 
Net book value
At 31 January 2023
188 
511 
699 
At 31 January 2022
251 
681 
932 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,420 
13,020 
Other debtors
440,000 
355,040 
446,420 
368,060 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Trade creditors
1,854 
55 
Taxes and social security
51,874 
75,131 
Other creditors
12,148 
83 
Accruals
988 
1,645 
76,864 
86,914 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
24,167 
34,167 
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).
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