Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-312022-08-01falseConsultancy22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10302920 2022-08-01 2023-07-31 10302920 2021-08-01 2022-07-31 10302920 2023-07-31 10302920 2022-07-31 10302920 c:Director1 2022-08-01 2023-07-31 10302920 d:OfficeEquipment 2022-08-01 2023-07-31 10302920 d:OfficeEquipment 2023-07-31 10302920 d:OfficeEquipment 2022-07-31 10302920 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 10302920 d:CurrentFinancialInstruments 2023-07-31 10302920 d:CurrentFinancialInstruments 2022-07-31 10302920 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 10302920 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 10302920 d:ShareCapital 2023-07-31 10302920 d:ShareCapital 2022-07-31 10302920 d:RetainedEarningsAccumulatedLosses 2023-07-31 10302920 d:RetainedEarningsAccumulatedLosses 2022-07-31 10302920 c:FRS102 2022-08-01 2023-07-31 10302920 c:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 10302920 c:FullAccounts 2022-08-01 2023-07-31 10302920 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 10302920 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2022-08-01 2023-07-31 10302920 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-07-31 10302920 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2022-07-31 10302920 e:PoundSterling 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Registered number: 10302920










EGREMONT CONSULTING LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2023

 
EGREMONT CONSULTING LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF EGREMONT CONSULTING LIMITED
FOR THE YEAR ENDED 31 JULY 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Egremont Consulting Limited for the year ended 31 July 2023 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Egremont Consulting Limited, as a body, in accordance with the terms of our engagement letter dated 10 May 2023Our work has been undertaken solely to prepare for your approval the financial statements of Egremont Consulting Limited  and state those matters that we have agreed to state to the Board of directors of Egremont Consulting Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Egremont Consulting Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Egremont Consulting Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Egremont Consulting Limited. You consider that Egremont Consulting Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Egremont Consulting Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
7 The Close
Norwich
Norfolk
NR1 4DJ
13 February 2024
Page 1

 
EGREMONT CONSULTING LIMITED
REGISTERED NUMBER: 10302920

BALANCE SHEET
AS AT 31 JULY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,579
3,312

  
4,579
3,312

Current assets
  

Debtors: amounts falling due within one year
 5 
4,686
3,576

Cash at bank and in hand
  
42,384
84,684

  
47,070
88,260

Creditors: amounts falling due within one year
 6 
(13,780)
(37,935)

Net current assets
  
 
 
33,290
 
 
50,325

Total assets less current liabilities
  
37,869
53,637

Provisions for liabilities
  

Deferred tax
  
(870)
(630)

  
 
 
(870)
 
 
(630)

Net assets
  
36,999
53,007


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
36,997
53,005

  
36,999
53,007


Page 2

 
EGREMONT CONSULTING LIMITED
REGISTERED NUMBER: 10302920
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 February 2024.




T M C Green
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
EGREMONT CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

The Company is a private company limited by shares. It is both incorporated and domiciled in England and Wales. The address of its registered office is 7 The Close, Norwich, Norfolk, NR1 4DJ.
The Company's principal place of business is Truro and the Company's principle activity is that of consultancy.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover is measured at the fair value of the consideration received or receivable.  Revenue for consultancy services is recognised in the period in which the services are provided.

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax.
Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the balance sheet date.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
EGREMONT CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 5

 
EGREMONT CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 August 2022
6,934


Additions
2,535



At 31 July 2023

9,469



Depreciation


At 1 August 2022
3,622


Charge for the year on owned assets
1,268



At 31 July 2023

4,890



Net book value



At 31 July 2023
4,579



At 31 July 2022
3,312


5.


Debtors

2023
2022
£
£


Trade debtors
4,413
3,402

Prepayments and accrued income
273
174

4,686
3,576


Page 6

 
EGREMONT CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
1,151
8,863

Other creditors
10,671
26,624

Accruals and deferred income
1,958
2,448

13,780
37,935



7.


Related party transactions

As at 31 July 2023, the directors were owed £ 8,214 (2022: £ 24,971) by the Company. 
This loan is interest free and included within other creditors, note 6, within the financial statements.

 
Page 7