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REGISTERED NUMBER: 07719761 (England and Wales)
















Tsivrikos Consulting Ltd

Unaudited Financial Statements

for the Year Ended 31st July 2023






Tsivrikos Consulting Ltd (Registered number: 07719761)






Contents of the Financial Statements
for the Year Ended 31st July 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Tsivrikos Consulting Ltd

Company Information
for the Year Ended 31st July 2023







Director: Dr. D Tsivrikos





Registered office: Flat 20, Malvern Court
Onslow Square
South Kensington
London
SW7 3HU





Registered number: 07719761 (England and Wales)





Accountants: Wilson Stevens
Accountants
4th Floor
100 Fenchurch Street
London
EC3M 5JD

Tsivrikos Consulting Ltd (Registered number: 07719761)

Statement of Financial Position
31st July 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 2,469 2,652

Current assets
Stocks 6,269 -
Debtors 5 - 20,162
Cash at bank 69,191 62,714
75,460 82,876
Creditors
Amounts falling due within one year 6 14,398 28,248
Net current assets 61,062 54,628
Total assets less current liabilities 63,531 57,280

Capital and reserves
Called up share capital 2,000 2,000
Retained earnings 61,531 55,280
63,531 57,280

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9th January 2024 and were signed by:





Dr. D Tsivrikos - Director


Tsivrikos Consulting Ltd (Registered number: 07719761)

Notes to the Financial Statements
for the Year Ended 31st July 2023

1. Statutory information

Tsivrikos Consulting Ltd 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.
Fixtures and fittings - 25% reducing balance
Computer equipment - 25% reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

Tsivrikos Consulting Ltd (Registered number: 07719761)

Notes to the Financial Statements - continued
for the Year Ended 31st July 2023

4. Tangible fixed assets
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
At 1st August 2022 8,193 4,230 12,423
Additions - 638 638
At 31st July 2023 8,193 4,868 13,061
Depreciation
At 1st August 2022 7,083 2,688 9,771
Charge for year 277 544 821
At 31st July 2023 7,360 3,232 10,592
Net book value
At 31st July 2023 833 1,636 2,469
At 31st July 2022 1,110 1,542 2,652

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors - 20,162

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Trade creditors 360 388
Taxation and social security 11,679 24,929
Other creditors 2,359 2,931
14,398 28,248

7. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31st July 2023 and 31st July 2022:

2023 2022
£    £   
Dr. D Tsivrikos
Balance outstanding at start of year - 12,097
Amounts repaid - (12,097 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -