Tuesday Consultancy Limited 13488524 false 2022-08-01 2023-07-31 2023-07-31 The principal activity of the company is Management of real estate on a fee or contract basis Digita Accounts Production Advanced 6.30.9574.0 true 13488524 2022-08-01 2023-07-31 13488524 2023-07-31 13488524 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 13488524 core:Non-currentFinancialInstruments core:AfterOneYear 2023-07-31 13488524 core:FurnitureFittings 2023-07-31 13488524 core:OfficeEquipment 2023-07-31 13488524 bus:SmallEntities 2022-08-01 2023-07-31 13488524 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 13488524 bus:AbridgedAccounts 2022-08-01 2023-07-31 13488524 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 13488524 bus:RegisteredOffice 2022-08-01 2023-07-31 13488524 bus:Director1 2022-08-01 2023-07-31 13488524 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 13488524 core:ComputerEquipment 2022-08-01 2023-07-31 13488524 core:FurnitureFittings 2022-08-01 2023-07-31 13488524 core:OfficeEquipment 2022-08-01 2023-07-31 13488524 countries:England 2022-08-01 2023-07-31 13488524 2022-07-31 13488524 core:FurnitureFittings 2022-07-31 13488524 core:OfficeEquipment 2022-07-31 13488524 2021-07-01 2022-07-31 13488524 2022-07-31 13488524 core:CurrentFinancialInstruments core:WithinOneYear 2022-07-31 13488524 core:Non-currentFinancialInstruments core:AfterOneYear 2022-07-31 13488524 core:FurnitureFittings 2022-07-31 13488524 core:OfficeEquipment 2022-07-31 iso4217:GBP xbrli:pure

Registration number: 13488524

Tuesday Consultancy Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 July 2023

 

Tuesday Consultancy Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 7

 

Tuesday Consultancy Limited

Company Information

Director

Miss Tuesday Bennett

Registered office

Onyx House
12 Phoenix Business Park
Avenue Close
Birmingham
West Midlands
B7 4NU

Accountants

Onyx Accountants Limited
Chartered Management Accountants
Onyx House
12 Phoenix Business Park
Avenue Close
Birmingham
West Midlands
B7 4NU

 

Tuesday Consultancy Limited

(Registration number: 13488524)
Abridged Balance Sheet as at 31 July 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

1,179

1,919

Investment property

283,776

283,776

 

284,955

285,695

Current assets

 

Cash at bank and in hand

 

2,414

447

Prepayments and accrued income

 

330

199

Creditors: Amounts falling due within one year

(50,795)

(45,164)

Net current liabilities

 

(48,051)

(44,518)

Total assets less current liabilities

 

236,904

241,177

Creditors: Amounts falling due after more than one year

(197,197)

(197,196)

Accruals and deferred income

 

(1,080)

-

Net assets

 

38,627

43,981

Capital and reserves

 

Called up share capital

100

100

Retained earnings

38,527

43,881

Shareholders' funds

 

38,627

43,981

For the financial year ending 31 July 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 accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 2 February 2024
 

 

Tuesday Consultancy Limited

(Registration number: 13488524)
Abridged Balance Sheet as at 31 July 2023

.........................................
Miss Tuesday Bennett
Director

 

Tuesday Consultancy Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Onyx House
12 Phoenix Business Park
Avenue Close
Birmingham
West Midlands
B7 4NU
England

The principal place of business is:
Meadow Lodge
Six Ashes
Bridgnorth
Shropshire
WV15 6ER

These financial statements were authorised for issue by the director on 2 February 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Tuesday Consultancy Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2023

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office Equipment

33% SL

Fixtures & Fittings

N/A under S.35 Capital Allowances Act 2001

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

 

Tuesday Consultancy Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2023

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Tangible assets

Fixtures and fittings
£

Office equipment
£

Total
£

Cost or valuation

At 1 August 2022

1,886

49

1,935

Disposals

(707)

(49)

(756)

At 31 July 2023

1,179

-

1,179

Depreciation

At 1 August 2022

-

16

16

Eliminated on disposal

-

(16)

(16)

At 31 July 2023

-

-

-

Carrying amount

At 31 July 2023

1,179

-

1,179

At 31 July 2022

1,886

33

1,919

Investment properties

2023
£

At 1 August

283,776

There has been no valuation of investment property by an independent valuer.

 

Tuesday Consultancy Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2023

5

Debtors

Debtors includes £Nil (2022 - £Nil) due after more than one year.