Registered number
06575051
Xanthus Consulting Ltd
Filleted Accounts
30 April 2023
Xanthus Consulting Ltd
Registered number: 06575051
Balance Sheet
as at 30 April 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 235 470
Current assets
Debtors 4 12,566 13,721
Cash at bank and in hand 55,879 21,887
68,445 35,608
Creditors: amounts falling due within one year 5 (26,434) (17,196)
Net current assets 42,011 18,412
Total assets less current liabilities 42,246 18,882
Creditors: amounts falling due after more than one year 6 (4,750) (6,106)
Net assets 37,496 12,776
Capital and reserves
Called up share capital 10 10
Profit and loss account 37,486 12,766
Shareholder's funds 37,496 12,776
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J Bonsey
Director
Approved by the board on 20 November 2023
Xanthus Consulting Ltd
Notes to the Accounts
for the year ended 30 April 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 May 2022 705
At 30 April 2023 705
Depreciation
At 1 May 2022 235
Charge for the year 235
At 30 April 2023 470
Net book value
At 30 April 2023 235
At 30 April 2022 470
4 Debtors 2023 2022
£ £
Trade debtors 12,566 13,721
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 223 888
Trade creditors 24 -
Accrued Expenses 800 800
Other taxes and social security costs 25,050 14,853
Other creditors 337 655
26,434 17,196
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 4,750 6,106
7 Other information
Xanthus Consulting Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Wychwood
Faircox Lane
Henfield
West Sussex
BN5 9PD
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