Company Registration No. 08297926 (England and Wales)
SJO Consulting Services Ltd
Unaudited accounts
for the year ended 30 September 2023
SJO Consulting Services Ltd
Unaudited accounts
Contents
SJO Consulting Services Ltd
Company Information
for the year ended 30 September 2023
Company Number
08297926 (England and Wales)
Registered Office
2 High street
Wootton
Ulceby
North Lincolnshire
DN39 6SG
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
SJO Consulting Services Ltd
Statement of financial position
as at 30 September 2023
Tangible assets
13,714
17,142
Creditors: amounts falling due within one year
(23,873)
(23,385)
Net current liabilities
(23,873)
(23,385)
Net liabilities
(10,159)
(6,243)
Called up share capital
1
1
Profit and loss account
(10,160)
(6,244)
Shareholders' funds
(10,159)
(6,243)
For the year ending 30 September 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 April 2024 and were signed on its behalf by
Mr S Ormston
Director
Company Registration No. 08297926
SJO Consulting Services Ltd
Notes to the Accounts
for the year ended 30 September 2023
SJO Consulting Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 08297926. The registered office is 2 High street , Wootton, Ulceby, North Lincolnshire, DN39 6SG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% cost
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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 (or less) 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.
Deferred tax assets and liabilities are not discounted.
These accounts have been prepared on the going concern basis, on the understanding that the director will continue to financially support the company during this uncertain period.
SJO Consulting Services Ltd
Notes to the Accounts
for the year ended 30 September 2023
4
Tangible fixed assets
Motor vehicles
At 30 September 2023
21,429
At 30 September 2023
7,715
At 30 September 2023
13,714
At 30 September 2022
17,142
5
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
4,972
Loans from directors
23,873
18,413
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).