1 01/01/2023 31/12/2023 2023-12-31 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-01-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 11709908 2023-01-01 2023-12-31 11709908 2023-12-31 11709908 2022-12-31 11709908 2022-01-01 2022-12-31 11709908 2022-12-31 11709908 2021-12-31 11709908 bus:RegisteredOffice 2023-01-01 2023-12-31 11709908 bus:LeadAgentIfApplicable 2023-01-01 2023-12-31 11709908 bus:Director1 2023-01-01 2023-12-31 11709908 core:WithinOneYear 2023-12-31 11709908 core:WithinOneYear 2022-12-31 11709908 core:ShareCapital 2023-12-31 11709908 core:ShareCapital 2022-12-31 11709908 core:RetainedEarningsAccumulatedLosses 2023-12-31 11709908 core:RetainedEarningsAccumulatedLosses 2022-12-31 11709908 bus:Director1 2022-12-31 11709908 bus:Director1 2023-12-31 11709908 bus:Director1 2021-12-31 11709908 bus:Director1 2022-12-31 11709908 bus:Director1 2022-01-01 2022-12-31 11709908 bus:SmallEntities 2023-01-01 2023-12-31 11709908 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 11709908 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11709908 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11709908 bus:FullAccounts 2023-01-01 2023-12-31 11709908 core:ComputerEquipment 2023-12-31 11709908 core:ComputerEquipment 2022-12-31 11709908 core:ComputerEquipment 2023-01-01 2023-12-31
Company registration number: 11709908
Stephanie Rowley Consulting Ltd
Unaudited filleted financial statements
31 December 2023
Stephanie Rowley Consulting Ltd
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Stephanie Rowley Consulting Ltd
Directors and other information
Director Stephanie Rowley
Company number 11709908
Registered office Nut Pit Farm Church Lane
Swannington
Norwich
NR9 5NN
Accountants Hicks and Company
Chartered Accountants
Vaughan Chambers
Vaughan Road
Harpenden
AL5 4EE
Stephanie Rowley Consulting Ltd
Chartered accountants report to the director on the preparation of the
unaudited statutory financial statements of Stephanie Rowley Consulting Ltd
Year ended 31 December 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 Stephanie Rowley Consulting Ltd for the year ended 31 December 2023 which comprise the statement of financial position and 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 http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the director of Stephanie Rowley Consulting Ltd, as a body, in accordance with the terms of our engagement letter dated 16 March 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Stephanie Rowley Consulting Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stephanie Rowley Consulting Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Stephanie Rowley Consulting Ltd 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 Stephanie Rowley Consulting Ltd. You consider that Stephanie Rowley Consulting Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Stephanie Rowley Consulting Ltd. 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.
Hicks and Company
Chartered Accountants
Vaughan Chambers
Vaughan Road
Harpenden
AL5 4EE
14 March 2024
Stephanie Rowley Consulting Ltd
Statement of financial position
31 December 2023
2023 2022
Note £ £ £ £
Fixed assets
Tangible assets 5 1 1
_______ _______
1 1
Current assets
Debtors 6 4,043 5,975
Cash at bank and in hand 55,138 42,168
_______ _______
59,181 48,143
Creditors: amounts falling due
within one year 7 ( 11,478) ( 16,449)
_______ _______
Net current assets 47,703 31,694
_______ _______
Total assets less current liabilities 47,704 31,695
_______ _______
Net assets 47,704 31,695
_______ _______
Capital and reserves
Called up share capital 100 100
Profit and loss account 47,604 31,595
_______ _______
Shareholders funds 47,704 31,695
_______ _______
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- 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;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 14 March 2024 , and are signed on behalf of the board by:
Stephanie Rowley
Director
Company registration number: 11709908
Stephanie Rowley Consulting Ltd
Notes to the financial statements
Year ended 31 December 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Nut Pit Farm Church Lane, Swannington, Norwich, NR9 5NN.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.
Taxation
The taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period. 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. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Computer equipment - Straight line over 3 years
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
5. Tangible assets
Computer equipment Total
£ £
Cost
At 1 January 2023 and 31 December 2023 729 729
_______ _______
Depreciation
At 1 January 2023 and 31 December 2023 728 728
_______ _______
Carrying amount
At 31 December 2023 1 1
_______ _______
At 31 December 2022 1 1
_______ _______
6. Debtors
2023 2022
£ £
Trade debtors 4,043 5,975
_______ _______
7. Creditors: amounts falling due within one year
2023 2022
£ £
Corporation tax 4,569 6,830
Other creditors 6,909 9,619
_______ _______
11,478 16,449
_______ _______
8. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Stephanie Rowley ( 8,563) ( 706) 3,500 ( 5,769)
_______ _______ _______ _______
2022
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Stephanie Rowley ( 7,714) ( 849) - ( 8,563)
_______ _______ _______ _______