IRIS Accounts Production v24.1.0.578 07466047 director 1.1.23 31.12.23 31.12.23 0 0 false true false false true false Ordinary 'A' 1.00000 Ordinary 'B' 1.00000 Ordinary 'C' 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh074660472022-12-31074660472023-12-31074660472023-01-012023-12-31074660472021-12-31074660472022-01-012022-12-31074660472022-12-3107466047ns15:EnglandWales2023-01-012023-12-3107466047ns14:PoundSterling2023-01-012023-12-3107466047ns10:Director12023-01-012023-12-3107466047ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3107466047ns10:SmallEntities2023-01-012023-12-3107466047ns10:AuditExemptWithAccountantsReport2023-01-012023-12-3107466047ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3107466047ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3107466047ns10:FullAccounts2023-01-012023-12-3107466047ns10:OrdinaryShareClass12023-01-012023-12-3107466047ns10:OrdinaryShareClass22023-01-012023-12-3107466047ns10:OrdinaryShareClass32023-01-012023-12-3107466047ns10:RegisteredOffice2023-01-012023-12-3107466047ns5:CurrentFinancialInstruments2023-12-3107466047ns5:CurrentFinancialInstruments2022-12-3107466047ns5:Non-currentFinancialInstruments2023-12-3107466047ns5:Non-currentFinancialInstruments2022-12-3107466047ns5:ShareCapital2023-12-3107466047ns5:ShareCapital2022-12-3107466047ns5:RetainedEarningsAccumulatedLosses2023-12-3107466047ns5:RetainedEarningsAccumulatedLosses2022-12-3107466047ns5:FurnitureFittings2023-01-012023-12-3107466047ns5:ComputerEquipment2023-01-012023-12-3107466047ns5:FurnitureFittings2022-12-3107466047ns5:ComputerEquipment2022-12-3107466047ns5:FurnitureFittings2023-12-3107466047ns5:ComputerEquipment2023-12-3107466047ns5:FurnitureFittings2022-12-3107466047ns5:ComputerEquipment2022-12-3107466047ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3107466047ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3107466047ns10:OrdinaryShareClass12023-12-3107466047ns10:OrdinaryShareClass22023-12-3107466047ns10:OrdinaryShareClass32023-12-31074660471ns10:Director12022-12-31074660471ns10:Director12021-12-31074660471ns10:Director12023-01-012023-12-31074660471ns10:Director12022-01-012022-12-31074660471ns10:Director12023-12-31074660471ns10:Director12022-12-31
REGISTERED NUMBER: 07466047 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

M I S Consulting Limited

M I S Consulting Limited (Registered number: 07466047)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

M I S Consulting Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: M I Summerfield





REGISTERED OFFICE: 24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ





REGISTERED NUMBER: 07466047 (England and Wales)





ACCOUNTANTS: Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ

M I S Consulting Limited (Registered number: 07466047)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,387 1,559

CURRENT ASSETS
Debtors 5 12,018 18,435
Cash at bank 11,879 12,195
23,897 30,630
CREDITORS
Amounts falling due within one year 6 13,642 16,391
NET CURRENT ASSETS 10,255 14,239
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,642

15,798

CREDITORS
Amounts falling due after more than one
year

7

(7,603

)

(11,956

)

PROVISIONS FOR LIABILITIES (597 ) (390 )
NET ASSETS 4,442 3,452

CAPITAL AND RESERVES
Called up share capital 8 4 4
Retained earnings 4,438 3,448
SHAREHOLDERS' FUNDS 4,442 3,452

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

M I S Consulting Limited (Registered number: 07466047)

Balance Sheet - continued
31 December 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 13 April 2024 and were signed by:





M I Summerfield - Director


M I S Consulting Limited (Registered number: 07466047)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

M I S Consulting 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.

The presentation currency of the financial statements is the Pound Sterling (£).


Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

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.

Significant judgements and estimates
The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. These estimates and assumptions are based on management's best knowledge of the amount, events or actions. Actual results may differ from those amounts.

Management do not consider there to be any significant judgements or estimates used in the preparation of these financial statements.

Turnover
Turnover represents net invoiced value of services, excluding value added tax.

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% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation 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 tax
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 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.

M I S Consulting Limited (Registered number: 07466047)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 5,386 1,215 6,601
Additions 1,116 781 1,897
Disposals - (665 ) (665 )
At 31 December 2023 6,502 1,331 7,833
DEPRECIATION
At 1 January 2023 4,698 344 5,042
Charge for year 356 270 626
Eliminated on disposal - (222 ) (222 )
At 31 December 2023 5,054 392 5,446
NET BOOK VALUE
At 31 December 2023 1,448 939 2,387
At 31 December 2022 688 871 1,559

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 33 -
Amounts recoverable on contract 3,000 -
Other debtors 8,985 18,435
12,018 18,435

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 4,779 5,089
Trade creditors 73 10
Taxation and social security 7,085 8,681
Other creditors 1,705 2,611
13,642 16,391

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 7,603 11,956

M I S Consulting Limited (Registered number: 07466047)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
2 Ordinary 'A' £1 2 2
1 Ordinary 'B' £1 1 1
1 Ordinary 'C' £1 1 1
4 4

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
M I Summerfield
Balance outstanding at start of year 8,826 7,968
Amounts advanced 3,039 36,890
Amounts repaid (10,750 ) (36,032 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,115 8,826

At the year end the company was owed £1,115 (2022: £8,826) by the Directors.

M I S Consulting Limited

Report of the Accountants to the Director of
M I S Consulting Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ


13 April 2024