Ellie Seilern Consulting Ltd
Unaudited Financial Statements
For the Period ended 30 November 2022
Pages for Filing with Registrar
Company Registration No. 13762742 (England and Wales)
Ellie Seilern Consulting Ltd
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 3
Ellie Seilern Consulting Ltd
Balance Sheet
As at 30 November 2022
Page 1
2022
Notes
£
£
Current assets
Debtors
3
1,048
Cash at bank and in hand
10,695
11,743
Creditors: amounts falling due within one year
4
(41,151)
Net current liabilities
(29,408)
Capital and reserves
Called up share capital
5
1
Profit and loss reserves
(29,409)
Total equity
(29,408)
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial Period ended 30 November 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 15 November 2023 and are signed on its behalf by:
Elena Morris
Director
Company Registration No. 13762742
Ellie Seilern Consulting Ltd
Notes to the Financial Statements
For the period ended 30 November 2022
Page 2
1
Accounting policies
Company information
Ellie Seilern Consulting Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Sunrising, Restronguet Weir, Falmouth, United Kingdom, TR11 5SS.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.
1.3
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.4
Financial instruments
The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic instruments measured at fair value.
1.5
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
Ellie Seilern Consulting Ltd
Notes to the Financial Statements (Continued)
For the period ended 30 November 2022
Page 3
2
Employees
The average monthly number of persons (including directors) employed by the company during the Period was:
2022
Number
3
Debtors
2022
Amounts falling due within one year:
£
Prepayments and accrued income
1,048
4
Creditors: amounts falling due within one year
2022
£
Other creditors
41,151
5
Called up share capital
2022
2022
Ordinary share capital
Number
£
Issued and fully paid
Ordinary shares of £1 each
1
1
6
Directors' transactions
At the period end date the company owed the director £41,151.