COMPANY REGISTRATION NUMBER:
13929912
DECUMAN CONSULTING LIMITED |
|
FILLETED UNAUDITED FINANCIAL STATEMENTS |
|
DECUMAN CONSULTING LIMITED |
|
STATEMENT OF FINANCIAL POSITION |
|
28 February 2023
FIXED ASSETS
CURRENT ASSETS
Debtors |
6 |
18,750 |
|
Cash at bank and in hand |
108,471 |
|
|
--------- |
|
|
127,221 |
|
|
|
|
|
CREDITORS: amounts falling due within one year |
7 |
34,520 |
|
|
--------- |
|
NET CURRENT ASSETS |
|
92,701 |
|
|
-------- |
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
95,743 |
|
|
-------- |
NET ASSETS |
|
95,743 |
|
|
-------- |
|
|
|
|
CAPITAL AND RESERVES
Called up share capital fully paid |
|
100 |
Profit and loss account |
|
95,643 |
|
|
-------- |
SHAREHOLDERS FUNDS |
|
95,743 |
|
|
-------- |
|
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
6 November 2023
, and are signed on behalf of the board by:
Company registration number:
13929912
DECUMAN CONSULTING LIMITED |
|
NOTES TO THE FINANCIAL STATEMENTS |
|
PERIOD FROM 21 FEBRUARY 2022 TO 28 FEBRUARY 2023
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 8 Alleyn Crescent, London, SE21 8BN.
2.
STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis and are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
Equipment |
- |
33% straight line |
|
|
|
|
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4.
EMPLOYEE NUMBERS
The average number of persons employed by the company during the period amounted to
1
.
5.
TANGIBLE ASSETS
|
Equipment |
|
£ |
Cost |
|
At 21 February 2022 |
– |
Additions |
4,563 |
|
------- |
At 28 February 2023 |
4,563 |
|
------- |
Depreciation |
|
At 21 February 2022 |
– |
Charge for the period |
1,521 |
|
------- |
At 28 February 2023 |
1,521 |
|
------- |
Carrying amount |
|
At 28 February 2023 |
3,042 |
|
------- |
|
|
6.
DEBTORS
|
28 Feb 23 |
|
£ |
Trade debtors |
18,750 |
|
-------- |
|
|
7.
CREDITORS:
amounts falling due within one year
|
28 Feb 23 |
|
£ |
Corporation tax |
21,880 |
Social security and other taxes |
8,600 |
Other creditors |
4,040 |
|
-------- |
|
34,520 |
|
-------- |
|
|