IRIS Accounts Production v23.4.0.336 05037245 director 1.9.22 30.4.23 30.4.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure050372452022-08-31050372452023-04-30050372452022-09-012023-04-30050372452021-08-31050372452021-09-012022-08-31050372452022-08-3105037245ns16:EnglandWales2022-09-012023-04-3005037245ns15:PoundSterling2022-09-012023-04-3005037245ns11:Director12022-09-012023-04-3005037245ns11:PrivateLimitedCompanyLtd2022-09-012023-04-3005037245ns11:SmallEntities2022-09-012023-04-3005037245ns11:AuditExempt-NoAccountantsReport2022-09-012023-04-3005037245ns11:SmallCompaniesRegimeForDirectorsReport2022-09-012023-04-3005037245ns11:SmallCompaniesRegimeForAccounts2022-09-012023-04-3005037245ns11:FullAccounts2022-09-012023-04-300503724512022-09-012023-04-3005037245ns11:RegisteredOffice2022-09-012023-04-3005037245ns6:CurrentFinancialInstruments2023-04-3005037245ns6:CurrentFinancialInstruments2022-08-3105037245ns6:ShareCapital2023-04-3005037245ns6:ShareCapital2022-08-3105037245ns6:RetainedEarningsAccumulatedLosses2023-04-3005037245ns6:RetainedEarningsAccumulatedLosses2022-08-3105037245ns6:NetGoodwill2022-09-012023-04-3005037245ns6:FurnitureFittings2022-09-012023-04-3005037245ns6:ComputerEquipment2022-09-012023-04-3005037245ns6:NetGoodwill2022-08-3105037245ns6:NetGoodwill2023-04-3005037245ns6:NetGoodwill2022-08-3105037245ns6:FurnitureFittings2022-08-3105037245ns6:ComputerEquipment2022-08-3105037245ns6:FurnitureFittings2023-04-3005037245ns6:ComputerEquipment2023-04-3005037245ns6:FurnitureFittings2022-08-3105037245ns6:ComputerEquipment2022-08-3105037245ns6:WithinOneYearns6:CurrentFinancialInstruments2023-04-3005037245ns6:WithinOneYearns6:CurrentFinancialInstruments2022-08-31
REGISTERED NUMBER: 05037245 (England and Wales)












Astute Financial Consultancy Limited

Unaudited Financial Statements

for the Period 1 September 2022 to 30 April 2023






Astute Financial Consultancy Limited (Registered number: 05037245)






Contents of the Financial Statements
for the Period 1 September 2022 to 30 April 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Astute Financial Consultancy Limited

Company Information
for the Period 1 September 2022 to 30 April 2023







DIRECTOR: I Hunt





REGISTERED OFFICE: 8a Wingbury Courtyard
Business Village
Wingrave
Buckinghamshire
HP22 4LW





REGISTERED NUMBER: 05037245 (England and Wales)





ACCOUNTANTS: Clarkson Cleaver & Bowes Ltd
8a Wingbury Courtyard
Business Village
Wingrave
Buckinghamshire
HP22 4LW

Astute Financial Consultancy Limited (Registered number: 05037245)

Balance Sheet
30 April 2023

30/4/23 31/8/22
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 21
- 21

CURRENT ASSETS
Stocks & work in progress - 3,002
Debtors 6 577,895 20,933
Cash at bank 1,604,823 939,457
2,182,718 963,392
CREDITORS
Amounts falling due within one
year

7

(305,616

)

(47,787

)
NET CURRENT ASSETS 1,877,102 915,605
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,877,102

915,626

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,877,002 915,526
SHAREHOLDERS' FUNDS 1,877,102 915,626

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Astute Financial Consultancy Limited (Registered number: 05037245)

Balance Sheet - continued
30 April 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 April 2024 and were signed by:





I Hunt - Director


Astute Financial Consultancy Limited (Registered number: 05037245)

Notes to the Financial Statements
for the Period 1 September 2022 to 30 April 2023

1. STATUTORY INFORMATION

Astute Financial Consultancy Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents gross invoiced sales of services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% reducing balance
Computer equipment - 33.33% straight line

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement.

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 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 and that are expected to apply to the reversal of the timing difference.

Current or deferred taxation liabilities are not discounted.

Pension costs and other post-retirement benefits
Pension costs are charged to profit or loss during the year in which they are payable.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

Astute Financial Consultancy Limited (Registered number: 05037245)

Notes to the Financial Statements - continued
for the Period 1 September 2022 to 30 April 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2022 8,000
Disposals (8,000 )
At 30 April 2023 -
AMORTISATION
At 1 September 2022 8,000
Eliminated on disposal (8,000 )
At 30 April 2023 -
NET BOOK VALUE
At 30 April 2023 -
At 31 August 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 September 2022 695 9,022 9,717
Disposals (695 ) (9,022 ) (9,717 )
At 30 April 2023 - - -
DEPRECIATION
At 1 September 2022 674 9,022 9,696
Eliminated on disposal (674 ) (9,022 ) (9,696 )
At 30 April 2023 - - -
NET BOOK VALUE
At 30 April 2023 - - -
At 31 August 2022 21 - 21

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/23 31/8/22
£    £   
Other debtors 577,895 20,933

Astute Financial Consultancy Limited (Registered number: 05037245)

Notes to the Financial Statements - continued
for the Period 1 September 2022 to 30 April 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/23 31/8/22
£    £   
Taxation and social security 299,561 42,759
Other creditors 6,055 5,028
305,616 47,787