J9Consulting (Management Services) Limited 06862320 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is management consultants Digita Accounts Production Advanced 6.30.9574.0 true true 06862320 2023-04-01 2024-03-31 06862320 2024-03-31 06862320 bus:OrdinaryShareClass1 2024-03-31 06862320 core:CurrentFinancialInstruments 2024-03-31 06862320 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 06862320 core:FurnitureFittingsToolsEquipment 2024-03-31 06862320 bus:SmallEntities 2023-04-01 2024-03-31 06862320 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 06862320 bus:FilletedAccounts 2023-04-01 2024-03-31 06862320 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06862320 bus:RegisteredOffice 2023-04-01 2024-03-31 06862320 bus:Director1 2023-04-01 2024-03-31 06862320 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 06862320 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06862320 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 06862320 core:OfficeEquipment 2023-04-01 2024-03-31 06862320 countries:AllCountries 2023-04-01 2024-03-31 06862320 2023-03-31 06862320 core:FurnitureFittingsToolsEquipment 2023-03-31 06862320 2022-04-01 2023-03-31 06862320 2023-03-31 06862320 bus:OrdinaryShareClass1 2023-03-31 06862320 core:CurrentFinancialInstruments 2023-03-31 06862320 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 06862320 core:FurnitureFittingsToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06862320

J9Consulting (Management Services) Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

J9Consulting (Management Services) Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

J9Consulting (Management Services) Limited

Company Information

Director

J Roberts

Registered office

11 Whitewater Road
Fleet
Hampshire
GU51 1GB

Accountants

Sable & Argent Limited
Chartered Accountants
2 Elvetham Crescent
Fleet
Hampshire
GU51 1BU

 

J9Consulting (Management Services) Limited

(Registration number: 06862320)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

2,197

2,390

Current assets

 

Debtors

5

7,573

5,140

Cash at bank and in hand

 

88,897

87,687

 

96,470

92,827

Creditors: Amounts falling due within one year

6

(56,325)

(44,209)

Net current assets

 

40,145

48,618

Net assets

 

42,342

51,008

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

42,242

50,908

Shareholders' funds

 

42,342

51,008

For the financial year ending 31 March 2024 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.

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 23 May 2024
 

J Roberts
Director

   
     
 

J9Consulting (Management Services) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

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

The address of its registered office is:
11 Whitewater Road
Fleet
Hampshire
GU51 1GB
United Kingdom

These financial statements were authorised for issue by the director on 23 May 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 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 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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises fees received or receivable for the provision of services in the ordinary course of the company’s activities during the year. Turnover is shown net of value added tax.

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.

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.

 

J9Consulting (Management Services) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

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

25% per annum reducing balance

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 services performed in the ordinary course of business. Trade debtors are recognised at the transaction price 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 at the transaction price.

Borrowings

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

J9Consulting (Management Services) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons (including the director) employed by the company in the year, was 2 (2023: 2).

4

Tangible assets

Office equipment
 £

Total
£

Cost or valuation

At 1 April 2023

12,611

12,611

Additions

545

545

At 31 March 2024

13,156

13,156

Depreciation

At 1 April 2023

10,221

10,221

Charge for the year

738

738

At 31 March 2024

10,959

10,959

Carrying amount

At 31 March 2024

2,197

2,197

At 31 March 2023

2,390

2,390

 

J9Consulting (Management Services) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

5

Debtors

Current

2024
£

2023
£

Trade debtors

7,434

5,004

Other debtors

139

136

 

7,573

5,140

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

839

17,158

Taxation and social security

 

20,540

13,767

Accruals and deferred income

 

32,813

10,600

Other creditors

 

2,133

2,684

 

56,325

44,209

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100