Company Registration No. 08268604 (England and Wales)
John Marshall Consulting Ltd
Unaudited accounts
for the year ended 31 October 2023
John Marshall Consulting Ltd
Unaudited accounts
Contents
John Marshall Consulting Ltd
Company Information
for the year ended 31 October 2023
Directors
Mr John Marshall
Mrs Kim Marshall
Company Number
08268604 (England and Wales)
Registered Office
The Hollies 166 Bradford Road
Wrenthorpe
Wakefield
WF1 2AS
Accountants
Atmos Bookkeeping Ltd
32 Aconbury Close
Worcester
WR5 1JD
John Marshall Consulting Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
35,033
45,921
Cash at bank and in hand
63,069
83,455
Creditors: amounts falling due within one year
(28,083)
(35,373)
Net current assets
35,039
49,154
Total assets less current liabilities
70,072
95,075
Creditors: amounts falling due after more than one year
(16,659)
(26,639)
Called up share capital
100
100
Profit and loss account
53,313
68,336
Shareholders' funds
53,413
68,436
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 16 November 2023 and were signed on its behalf by
Mr John Marshall
Director
Company Registration No. 08268604
John Marshall Consulting Ltd
Notes to the Accounts
for the year ended 31 October 2023
John Marshall Consulting Ltd is a private company, limited by shares, registered in England and Wales, registration number 08268604. The registered office is The Hollies 166 Bradford Road, Wrenthorpe, Wakefield, WF1 2AS.
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.
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 provision of IT consultancy services is recognised in the period in which the services are provided.
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:
Plant & machinery
33% straight line
Motor vehicles
20% straight line
Fixtures & fittings
Mixture of 50% and 33% straight line
Computer equipment
Mixture of 50% and 33% straight line
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution pension scheme. Contributions payable are recognised in the profit and loss account when due.
John Marshall Consulting Ltd
Notes to the Accounts
for the year ended 31 October 2023
Basic financial instruments, other than arrangements constituting financing transactions, are initially recognised at transaction price and subsequently measured at amortised cost using the effective interest method. Basic financial instruments classified as payable or receivable within one year are not amortised.
Arrangements constituting financing transactions are measured at the present value of the future payments or receipts discounted at a market rate of interest.
The financial statements have been prepared on a going concern basis.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2022
158
56,999
1,981
4,490
63,628
Additions
459
-
374
249
1,082
At 31 October 2023
617
56,999
2,355
4,739
64,710
At 1 November 2022
53
11,400
1,810
4,444
17,707
Charge for the year
205
11,400
236
129
11,970
At 31 October 2023
258
22,800
2,046
4,573
29,677
At 31 October 2023
359
34,199
309
166
35,033
At 31 October 2022
105
45,599
171
46
45,921
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
34,199
45,599
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
9,980
9,164
Taxes and social security
7,327
20,384
Other creditors
5,246
3,922
John Marshall Consulting Ltd
Notes to the Accounts
for the year ended 31 October 2023
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
16,659
26,639
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £12,032 (2022: £12,000).
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Transactions with related parties
Amounts due to related parties:
At the reporting date, there were no amounts owed to key management personnel (2022: £0).
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Average number of employees
During the year the average number of employees was 1 (2022: 1).