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REGISTERED NUMBER: 08892738 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2023

for

John Lynch Consultancy & Training Ltd

John Lynch Consultancy & Training Ltd (Registered number: 08892738)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


John Lynch Consultancy & Training Ltd

Company Information
for the Year Ended 31 January 2023







DIRECTOR: J Lynch





SECRETARY:





REGISTERED OFFICE: 15 Vicarage Drive
Eastbourne
East Sussex
BN20 8AR





REGISTERED NUMBER: 08892738 (England and Wales)





ACCOUNTANTS: Stone's Accountancy Sussex Limited
398 Coast Road
Pevensey Bay
Pevensey
East Sussex
BN24 6NY

John Lynch Consultancy & Training Ltd (Registered number: 08892738)

Balance Sheet
31 January 2023

31/1/23 31/1/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,824 85

CURRENT ASSETS
Cash at bank and in hand 13,867 18,603

CREDITORS
Amounts falling due within one year 5 4,232 5,520
NET CURRENT ASSETS 9,635 13,083
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,459

13,168

PROVISIONS FOR LIABILITIES 351 -
NET ASSETS 11,108 13,168

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 11,107 13,167
SHAREHOLDERS' FUNDS 11,108 13,168

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

John Lynch Consultancy & Training Ltd (Registered number: 08892738)

Balance Sheet - continued
31 January 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 October 2023 and were signed by:





J Lynch - Director


John Lynch Consultancy & Training Ltd (Registered number: 08892738)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

John Lynch Consultancy & Training Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

John Lynch Consultancy & Training Ltd (Registered number: 08892738)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 February 2022 499
Additions 2,194
At 31 January 2023 2,693
DEPRECIATION
At 1 February 2022 414
Charge for year 455
At 31 January 2023 869
NET BOOK VALUE
At 31 January 2023 1,824
At 31 January 2022 85

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/23 31/1/22
£    £   
Tax 1,144 4,531
Social security and other taxes 410 -
Directors' loan accounts 2,126 479
Accrued expenses 552 510
4,232 5,520

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the directors loan account loaned to the business by the current acting director Mr Lynch. There was no interest charged for this loan and there is no set repayment date for this loan. The loan is repayable on demand which is why no interest has been considered.

7. ULTIMATE CONTROLLING PARTY

The controlling party is J Lynch.