LIZ BISSET COACHING AND CONSULTANCY LIMITED

Company Registration Number:
11073053 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

LIZ BISSET COACHING AND CONSULTANCY LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

LIZ BISSET COACHING AND CONSULTANCY LIMITED

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 2,624 449
Total fixed assets: 2,624 449
Current assets
Debtors:   0 1,819
Cash at bank and in hand: 53,095 48,243
Total current assets: 53,095 50,062
Creditors: amounts falling due within one year:   (5,248) (14,288)
Net current assets (liabilities): 47,847 35,774
Total assets less current liabilities: 50,471 36,223
Provision for liabilities: (500) (85)
Total net assets (liabilities): 49,971 36,138
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 49,871 36,038
Shareholders funds: 49,971 36,138

The notes form part of these financial statements

LIZ BISSET COACHING AND CONSULTANCY LIMITED

Balance sheet statements

For the year ending 30 November 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 12 March 2024
and signed on behalf of the board by:

Name: Ms E E Bisset
Status: Director

The notes form part of these financial statements

LIZ BISSET COACHING AND CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 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 is derived from the principal activity of consultancy.Turnover represents net invoiced services rendered, excluding value added tax.In line with Financial Reporting Standard 102 income has been recognised when the company obtains the right to consideration in exchange for its performance.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Plant and machinery etc - 20% on cost

Other accounting policies

TaxationTaxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 taxDeferred 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.Going concernThe director has considered the financial position of the company and believe it is well placed to manage its business risks successfully. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, thus continues to adopt the going concern basis of preparation in preparing the financial statements.

LIZ BISSET COACHING AND CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

LIZ BISSET COACHING AND CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 1,846
Additions 2,606
Disposals (1,397)
At 30 November 2023 3,055
Depreciation
At 01 December 2022 1,397
Charge for year 431
On disposals (1,397)
At 30 November 2023 431
Net book value
At 30 November 2023 2,624
At 30 November 2022 449

LIZ BISSET COACHING AND CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Related party transactions

During the year the company was controlled by the director.