Company registration number 07653624 (England and Wales)
Manzoor Consultancy Ltd
Unaudited
financial statements
for the year ended 30 June 2023
PAGES FOR FILING WITH REGISTRAR
Manzoor Consultancy Ltd
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
Manzoor Consultancy Ltd
Statement of financial position
as at 30 June 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
95
127
Investments
4
29,891
29,398
29,986
29,525
Current assets
Debtors
2,252
Cash at bank and in hand
17,402
22,264
17,402
24,516
Creditors: amounts falling due within one year
(10,878)
(8,654)
Net current assets
6,524
15,862
Net assets
36,510
45,387
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
36,509
45,386
Total equity
36,510
45,387
In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The director of the company has elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year 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 and signed by the director and authorised for issue on 19 February 2024
N Manzoor
Director
Company registration number 07653624 (England and Wales)
Manzoor Consultancy Ltd
Notes to the financial statements
for the year ended 30 June 2023
- 2 -
1
Accounting policies
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 disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
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.
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.
Turnover is recognised upon provision of services.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings
25% reducing balance
Fixed asset investments
Fixed asset investments are stated at cost less provision for diminution in value.
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
1
1
Manzoor Consultancy Ltd
Notes to the financial statements (continued)
for the year ended 30 June 2023
- 3 -
3
Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 July 2022 and 30 June 2023
400
Depreciation and impairment
At 1 July 2022
273
Depreciation charged in the year
32
At 30 June 2023
305
Carrying amount
At 30 June 2023
95
At 30 June 2022
127
4
Fixed asset investments
2023
2022
£
£
Other investments other than loans
29,891
29,398
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 July 2022
29,398
Valuation changes
493
At 30 June 2023
29,891
Carrying amount
At 30 June 2023
29,891
At 30 June 2022
29,398
5
Company information
Manzoor Consultancy Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 24 Church Lane, Elland, Halifax, West Yorkshire, HX5 9QB.