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REGISTERED NUMBER: 10073371 (England and Wales)















Waugh International Consulting Limited

Financial Statements

for the Year Ended 31 March 2023






Waugh International Consulting Limited (Registered number: 10073371)

Contents of the Financial Statements
for the year ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Waugh International Consulting Limited

Company Information
for the year ended 31 March 2023







Director: S Waugh





Registered office: 18 Copsem Lane
Esher
Surrey
KT10 9HB





Registered number: 10073371 (England and Wales)






Waugh International Consulting Limited (Registered number: 10073371)

Balance Sheet
31 March 2023

2023 2022
Notes £ £
Current assets
Debtors 4 56,765 23,148
Cash at bank 65,745 110,536
122,510 133,684
Creditors
Amounts falling due within one year 5 51,172 41,094
Net current assets 71,338 92,590
Total assets less current liabilities 71,338 92,590

Creditors
Amounts falling due after more than one
year

6

30,250

35,216
Net assets 41,088 57,374

Capital and reserves
Called up share capital 7 100 100
Retained earnings 8 40,988 57,274
Shareholders' funds 41,088 57,374

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 20 November 2023 and were signed by:





S Waugh - Director


Waugh International Consulting Limited (Registered number: 10073371)

Notes to the Financial Statements
for the year ended 31 March 2023


1. Statutory information

Waugh International Consulting Limited 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 measures at the fair value of the consideration receivable or received, excluding discounts, rebates, value added tax and other sales tax.

Basic financial instruments
Trade and other debtors / creditors
Trade and other debtors are recognised initially at transaction price less attributable transaction costs. Trade and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of
future payments discounted at a market rate of instrument for a similar debt instrument.

Cash and cash equivalents
Cash and cash equivalents comprise cash balances and call deposits. Bank overdrafts that are repayable on demand and form an integral part of the LLP's cash management are included as a component of cash and cash equivalents for the purpose only of the cashflow statement.

Going concern
The current economic conditions present increased risks for all businesses. In response to such conditions, the director has carefully considered these risks including an assessment on uncertainty on future trading projection for a period of at least 12 months from the date of signing the financial statements, and the extent to which they might affect the preparation of the financial statements on a going concern basis.

After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future as it is funded by loans from the director and he has no current intention to require repayment. For this reason, he continues to adopt the going concern basis in preparing the financial statements.

3. Employees and directors

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

4. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 36,000 -
Other debtors 20,107 12,607
Directors' loan accounts 658 9,577
VAT - 964
56,765 23,148

Waugh International Consulting Limited (Registered number: 10073371)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


5. Creditors: amounts falling due within one year
2023 2022
£ £
Bank loans and overdrafts 5,625 5,625
Trade creditors 13,400 -
Taxation and social security 28,547 32,719
Other creditors 3,600 2,750
51,172 41,094

6. Creditors: amounts falling due after more than one year
2023 2022
£ £
Bank loans 30,250 35,216

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 7,750 12,716

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
100 Ordinary £1 100 100

8. Reserves
Retained
earnings
£

At 1 April 2022 57,274
Profit for the year 91,714
Dividends (108,000 )
At 31 March 2023 40,988