IRIS Accounts Production v23.3.1.45 SC234299 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2342992022-07-31SC2342992023-07-31SC2342992022-08-012023-07-31SC2342992021-07-31SC2342992021-08-012022-07-31SC2342992022-07-31SC234299ns10:Originalns15:Scotland2022-08-012023-07-31SC234299ns14:PoundSterlingns10:Original2022-08-012023-07-31SC234299ns10:Originalns10:Director12022-08-012023-07-31SC234299ns10:Original2022-08-012023-07-31SC234299ns10:Original2023-07-31SC234299ns10:Originalns10:PrivateLimitedCompanyLtd2022-08-012023-07-31SC234299ns10:Originalns10:SmallEntities2022-08-012023-07-31SC234299ns10:Originalns10:AuditExempt-NoAccountantsReport2022-08-012023-07-31SC234299ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-31SC234299ns10:SmallCompaniesRegimeForAccountsns10:Original2022-08-012023-07-31SC234299ns10:Originalns10:FullAccounts2022-08-012023-07-31SC234299ns10:Originalns10:Director22022-08-012023-07-31SC234299ns10:CompanySecretary1ns10:Original2022-08-012023-07-31SC234299ns10:Originalns10:RegisteredOffice2022-08-012023-07-31SC234299ns10:Original2022-07-31SC234299ns10:Originalns5:CurrentFinancialInstruments2023-07-31SC234299ns10:Originalns5:CurrentFinancialInstruments2022-07-31SC234299ns5:ShareCapitalns10:Original2023-07-31SC234299ns5:ShareCapitalns10:Original2022-07-31SC234299ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-07-31SC234299ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-31SC234299ns10:Originalns5:ComputerEquipment2022-08-012023-07-31SC234299ns10:Original2021-08-012022-07-31SC234299ns10:Originalns5:ComputerEquipment2022-07-31SC234299ns10:Originalns5:ComputerEquipment2023-07-31SC234299ns10:Originalns5:ComputerEquipment2022-07-31SC234299ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-31SC234299ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-31SC234299ns10:Originalns5:DeferredTaxation2022-08-012023-07-31SC234299ns10:Originalns5:DeferredTaxation2023-07-31
REGISTERED NUMBER: SC234299 (Scotland)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

JOHN CLEGG CONSULTING LIMITED

JOHN CLEGG CONSULTING LIMITED (REGISTERED NUMBER: SC234299)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JOHN CLEGG CONSULTING LIMITED

COMPANY INFORMATION
for the year ended 31 July 2023







DIRECTORS: R J Watt
G R Watt





SECRETARY: G R Watt





REGISTERED OFFICE: 1 Ravelston House Loan
Edinburgh
Midlothian
EH4 3LY





REGISTERED NUMBER: SC234299 (Scotland)





ACCOUNTANTS: Haines Watts
Business Advisors and Accountants
Q Court
3 Quality Street
Edinburgh
EH4 5BP

JOHN CLEGG CONSULTING LIMITED (REGISTERED NUMBER: SC234299)

BALANCE SHEET
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 210 415

CURRENT ASSETS
Stocks 200 200
Debtors 5 23,896 1,142
Cash at bank 62,574 67,747
86,670 69,089
CREDITORS
Amounts falling due within one year 6 24,503 29,341
NET CURRENT ASSETS 62,167 39,748
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,377

40,163

PROVISIONS FOR LIABILITIES 7 40 -
NET ASSETS 62,337 40,163

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 62,237 40,063
62,337 40,163

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

JOHN CLEGG CONSULTING LIMITED (REGISTERED NUMBER: SC234299)

BALANCE SHEET - continued
31 July 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 November 2023 and were signed on its behalf by:





G R Watt - Director


JOHN CLEGG CONSULTING LIMITED (REGISTERED NUMBER: SC234299)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 July 2023

1. STATUTORY INFORMATION

John Clegg Consulting Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

These financial statements are the first set that comply with FRS 102 having been previously prepared under FRS 105. The transition date to FRS 102 was 1 January 2021. There were no transitional adjustments required.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes in relation to consultancy.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 33% per annum on cost

Tangible fixed assets are reviewed annually for impairment.

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

JOHN CLEGG CONSULTING LIMITED (REGISTERED NUMBER: SC234299)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 August 2022 3,847
Disposals (539 )
At 31 July 2023 3,308
DEPRECIATION
At 1 August 2022 3,432
Charge for year 205
Eliminated on disposal (539 )
At 31 July 2023 3,098
NET BOOK VALUE
At 31 July 2023 210
At 31 July 2022 415

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 23,694 -
Other debtors 202 1,142
23,896 1,142

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 9,130 1,896
Other creditors 15,373 27,445
24,503 29,341

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 40 -

JOHN CLEGG CONSULTING LIMITED (REGISTERED NUMBER: SC234299)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2023

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Charge to Statement of Income and Retained Earnings during year 40
Balance at 31 July 2023 40

8. RELATED PARTY DISCLOSURES

Included in 'Other creditors' is an amount of £13,675 (2022 - £9,875) due to a director from the company. The loan is interest free and there are no fixed terms of repayment.