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Company Registration No. 10536387 (England and Wales)
Presage Consulting Ltd Unaudited accounts for the year ended 31 December 2023
Presage Consulting Ltd Unaudited accounts Contents
Page
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Presage Consulting Ltd Company Information for the year ended 31 December 2023
Director
Robert Walter
Company Number
10536387 (England and Wales)
Registered Office
15 LANGLEY CRESCENT ST ALBANS AL3 5RS UNITED KINGDOM
Accountants
RPJ Accountancy Limited Rivers Lodge West Common Harpenden Hertfordshire AL5 2JD
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Presage Consulting Ltd Accountants' report
Accountants' report to the director of Presage Consulting Ltd on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Presage Consulting Ltd for the year ended 31 December 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Presage Consulting Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Presage Consulting Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Presage Consulting Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Presage Consulting Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Presage Consulting Ltd. You consider that Presage Consulting Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Presage Consulting Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RPJ Accountancy Limited Rivers Lodge West Common Harpenden Hertfordshire AL5 2JD 13 March 2024
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Presage Consulting Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
881 
1,972 
Current assets
Debtors
8,467 
8,392 
Creditors: amounts falling due within one year
(27,782)
(25,670)
Net current liabilities
(19,315)
(17,278)
Net liabilities
(18,434)
(15,306)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(18,534)
(15,406)
Shareholders' funds
(18,434)
(15,306)
For the year ending 31 December 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 26 March 2024 and were signed on its behalf by
Robert Walter Director Company Registration No. 10536387
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Presage Consulting Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Presage Consulting Ltd is a private company, limited by shares, registered in England and Wales, registration number 10536387. The registered office is 15 LANGLEY CRESCENT, ST ALBANS, AL3 5RS, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Fixtures & fittings
25% Straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2023
6,065 
At 31 December 2023
6,065 
Depreciation
At 1 January 2023
4,093 
Charge for the year
1,091 
At 31 December 2023
5,184 
Net book value
At 31 December 2023
881 
At 31 December 2022
1,972 
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Presage Consulting Ltd Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
225 
150 
Other debtors
8,242 
8,242 
8,467 
8,392 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,868 
10,868 
Taxes and social security
4,218 
4,218 
Other creditors
2,234 
2,234 
Loans from directors
10,462 
8,350 
27,782 
25,670 
7
Average number of employees
During the year the average number of employees was 1 (2022: 3).
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