Silverfin false 31/05/2023 01/06/2022 31/05/2023 Mr N C Jarrett Kerr 17/05/2002 Mrs S J Jarrett Kerr 16/03/2016 Mr L P Jarrett-Kerr 14/05/2014 Mr N C Jarrett-Kerr 19 February 2024 The principal activity of the Company during the financial year was management and training consultancy. 04441100 2023-05-31 04441100 bus:Director1 2023-05-31 04441100 bus:Director2 2023-05-31 04441100 bus:Director3 2023-05-31 04441100 2022-05-31 04441100 core:CurrentFinancialInstruments 2023-05-31 04441100 core:CurrentFinancialInstruments 2022-05-31 04441100 core:ShareCapital 2023-05-31 04441100 core:ShareCapital 2022-05-31 04441100 core:RetainedEarningsAccumulatedLosses 2023-05-31 04441100 core:RetainedEarningsAccumulatedLosses 2022-05-31 04441100 core:OfficeEquipment 2022-05-31 04441100 core:ComputerEquipment 2022-05-31 04441100 core:OfficeEquipment 2023-05-31 04441100 core:ComputerEquipment 2023-05-31 04441100 bus:OrdinaryShareClass1 2023-05-31 04441100 bus:OrdinaryShareClass2 2023-05-31 04441100 bus:OrdinaryShareClass3 2023-05-31 04441100 bus:OrdinaryShareClass4 2023-05-31 04441100 bus:OrdinaryShareClass5 2023-05-31 04441100 2022-06-01 2023-05-31 04441100 bus:FullAccounts 2022-06-01 2023-05-31 04441100 bus:SmallEntities 2022-06-01 2023-05-31 04441100 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 04441100 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 04441100 bus:Director1 2022-06-01 2023-05-31 04441100 bus:Director2 2022-06-01 2023-05-31 04441100 bus:Director3 2022-06-01 2023-05-31 04441100 bus:Director4 2022-06-01 2023-05-31 04441100 core:OfficeEquipment 2022-06-01 2023-05-31 04441100 core:ComputerEquipment 2022-06-01 2023-05-31 04441100 2021-06-01 2022-05-31 04441100 bus:OrdinaryShareClass1 2022-06-01 2023-05-31 04441100 bus:OrdinaryShareClass1 2021-06-01 2022-05-31 04441100 bus:OrdinaryShareClass2 2022-06-01 2023-05-31 04441100 bus:OrdinaryShareClass2 2021-06-01 2022-05-31 04441100 bus:OrdinaryShareClass3 2022-06-01 2023-05-31 04441100 bus:OrdinaryShareClass3 2021-06-01 2022-05-31 04441100 bus:OrdinaryShareClass4 2022-06-01 2023-05-31 04441100 bus:OrdinaryShareClass4 2021-06-01 2022-05-31 04441100 bus:OrdinaryShareClass5 2022-06-01 2023-05-31 04441100 bus:OrdinaryShareClass5 2021-06-01 2022-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 04441100 (England and Wales)

JARRETT-KERR CONSULTING LIMITED

Unaudited Financial Statements
For the financial year ended 31 May 2023
Pages for filing with the registrar

JARRETT-KERR CONSULTING LIMITED

Unaudited Financial Statements

For the financial year ended 31 May 2023

Contents

JARRETT-KERR CONSULTING LIMITED

COMPANY INFORMATION

For the financial year ended 31 May 2023
JARRETT-KERR CONSULTING LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 May 2023
DIRECTORS Mr N C Jarrett Kerr
Mrs S J Jarrett Kerr
Mr L P Jarrett-Kerr
SECRETARY Mrs S J Jarrett Kerr
REGISTERED OFFICE Centenary House Peninsula Park
Rydon Lane
Exeter
EX2 7XE
United Kingdom
COMPANY NUMBER 04441100 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Centenary House
Peninsula Park
Rydon Lane
Exeter
Devon EX2 7XE
JARRETT-KERR CONSULTING LIMITED

BALANCE SHEET

As at 31 May 2023
JARRETT-KERR CONSULTING LIMITED

BALANCE SHEET (continued)

As at 31 May 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 2,189 2,847
2,189 2,847
Current assets
Debtors 4 49,514 14,870
Cash at bank and in hand 3,822 21,105
53,336 35,975
Creditors: amounts falling due within one year 5 ( 7,151) ( 7,417)
Net current assets 46,185 28,558
Total assets less current liabilities 48,374 31,405
Provision for liabilities ( 400) ( 700)
Net assets 47,974 30,705
Capital and reserves
Called-up share capital 6 250 250
Profit and loss account 47,724 30,455
Total shareholders' funds 47,974 30,705

For the financial year ending 31 May 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Jarrett-Kerr Consulting Limited (registered number: 04441100) were approved and authorised for issue by the Board of Directors on 19 February 2024. They were signed on its behalf by:

Mr N C Jarrett-Kerr
Director
JARRETT-KERR CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2023
JARRETT-KERR CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Jarrett-Kerr Consulting Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Centenary House Peninsula Park, Rydon Lane, Exeter, EX2 7XE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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 tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Office equipment 15 % reducing balance
Computer equipment 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Tangible assets

Office equipment Computer equipment Total
£ £ £
Cost
At 01 June 2022 992 9,356 10,348
At 31 May 2023 992 9,356 10,348
Accumulated depreciation
At 01 June 2022 87 7,414 7,501
Charge for the financial year 136 522 658
At 31 May 2023 223 7,936 8,159
Net book value
At 31 May 2023 769 1,420 2,189
At 31 May 2022 905 1,942 2,847

4. Debtors

2023 2022
£ £
Amounts owed by directors 49,006 9,410
Prepayments and accrued income 508 5,460
49,514 14,870

5. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 100 95
Amounts owed to directors 0 628
Accruals 2,750 2,600
Taxation and social security 4,209 2,921
Other creditors 92 1,173
7,151 7,417

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
50 A ordinary shares of £ 1.00 each 50 50
500 B ordinary shares of £ 0.10 each 50 50
50 C ordinary shares of £ 1.00 each 50 50
50 D ordinary shares of £ 1.00 each 50 50
50 E ordinary shares of £ 1.00 each 50 50
250 250

7. Related party transactions

Transactions with the entity's directors

2023 2022
£ £
Amounts owed by directors 49,006 9,410

The amount owed by the directors are interest free and repayable on demand.