SOMERHILL CONSULTING SERVICES LIMITED

Company Registration Number:
06355507 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

SOMERHILL CONSULTING SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Notes

SOMERHILL CONSULTING SERVICES LIMITED

Balance sheet

As at 31 August 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 3,984 4,214
Total fixed assets: 3,984 4,214
Current assets
Debtors:   9,345 8,269
Cash at bank and in hand: 88,022 105,967
Total current assets: 97,367 114,236
Creditors: amounts falling due within one year: 4 (81,324) (97,167)
Net current assets (liabilities): 16,043 17,069
Total assets less current liabilities: 20,027 21,283
Provision for liabilities: (996) (801)
Total net assets (liabilities): 19,031 20,482
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 18,931 20,382
Shareholders funds: 19,031 20,482

The notes form part of these financial statements

SOMERHILL CONSULTING SERVICES LIMITED

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 February 2024
and signed on behalf of the board by:

Name: M M COLYER
Status: Director

The notes form part of these financial statements

SOMERHILL CONSULTING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the value of services carried out, excluding VAT, up to the balance sheet date.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off the cost of fixed assets less their estimated residual value, over their expected useful lives.Equipment Fixtures and Fittings - 25% on straight line basisMotor Vehicles - 20% on straight line basis

Other accounting policies

Asset Based Grants:Grants which relate to assets are recognised in income on a systematic basis over the useful life of the asset.Taxation:Taxation represents the sum of tax currently payable and deferred tax. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.Debtors and Creditors Receivable/Payable Within One Year:Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

SOMERHILL CONSULTING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

SOMERHILL CONSULTING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible Assets

Total
Cost £
At 01 September 2022 59,387
At 31 August 2023 59,387
Depreciation
At 01 September 2022 55,173
Charge for year 230
At 31 August 2023 55,403
Net book value
At 31 August 2023 3,984
At 31 August 2022 4,214

SOMERHILL CONSULTING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Creditors: amounts falling due within one year note

There are no secured creditors.