IRIS Accounts Production v24.1.9.2 07150683 director 1.11.22 31.10.23 31.10.23 false true false false true false "A" Ordinary Shares 1.00000 "B" Ordinary Shares 1.00000 "C" Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh071506832022-10-31071506832023-10-31071506832022-11-012023-10-31071506832021-10-31071506832021-11-012022-10-31071506832022-10-3107150683ns15:EnglandWales2022-11-012023-10-3107150683ns14:PoundSterling2022-11-012023-10-3107150683ns10:Director12022-11-012023-10-3107150683ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3107150683ns10:SmallEntities2022-11-012023-10-3107150683ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3107150683ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3107150683ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3107150683ns10:FullAccounts2022-11-012023-10-3107150683ns10:OrdinaryShareClass12022-11-012023-10-3107150683ns10:OrdinaryShareClass22022-11-012023-10-3107150683ns10:OrdinaryShareClass32022-11-012023-10-3107150683ns10:RegisteredOffice2022-11-012023-10-3107150683ns5:CurrentFinancialInstruments2023-10-3107150683ns5:CurrentFinancialInstruments2022-10-3107150683ns5:ShareCapital2023-10-3107150683ns5:ShareCapital2022-10-3107150683ns5:RetainedEarningsAccumulatedLosses2023-10-3107150683ns5:RetainedEarningsAccumulatedLosses2022-10-3107150683ns5:ComputerEquipment2022-11-012023-10-3107150683ns5:ComputerEquipment2022-10-3107150683ns5:ComputerEquipment2023-10-3107150683ns5:ComputerEquipment2022-10-3107150683ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3107150683ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3107150683ns10:OrdinaryShareClass12023-10-3107150683ns10:OrdinaryShareClass22023-10-3107150683ns10:OrdinaryShareClass32023-10-3107150683ns10:Director22022-11-012023-10-3107150683ns10:Director222022-10-3107150683ns10:Director222021-10-3107150683ns10:Director222022-11-012023-10-3107150683ns10:Director222021-11-012022-10-3107150683ns10:Director222023-10-3107150683ns10:Director222022-10-31071506831ns10:Director12022-10-31071506831ns10:Director12021-10-31071506831ns10:Director12022-11-012023-10-31071506831ns10:Director12021-11-012022-10-31071506831ns10:Director12023-10-31071506831ns10:Director12022-10-31
REGISTERED NUMBER: 07150683 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2023

FOR

NEOCOS CONSULTING LIMITED

NEOCOS CONSULTING LIMITED (REGISTERED NUMBER: 07150683)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NEOCOS CONSULTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2023







DIRECTOR: Mr K P H O'Connell





REGISTERED OFFICE: Fleming Court
Leigh Road
Eastleigh
Southampton
Hampshire
SO50 9PD





REGISTERED NUMBER: 07150683 (England and Wales)





ACCOUNTANTS: Langdowns DFK
Chartered Accountants
Fleming Court
Leigh Road
Eastleigh
Southampton
Hampshire
SO50 9PD

NEOCOS CONSULTING LIMITED (REGISTERED NUMBER: 07150683)

BALANCE SHEET
31ST OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 12,445 16,593

CURRENT ASSETS
Debtors 6 40,376 10,224
Cash at bank 2,484 1,059
42,860 11,283
CREDITORS
Amounts falling due within one year 7 20,090 16,630
NET CURRENT ASSETS/(LIABILITIES) 22,770 (5,347 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,215

11,246

CAPITAL AND RESERVES
Called up share capital 8 5 5
Retained earnings 35,210 11,241
SHAREHOLDERS' FUNDS 35,215 11,246

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

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

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 30th July 2024 and were signed by:





Mr K P H O'Connell - Director


NEOCOS CONSULTING LIMITED (REGISTERED NUMBER: 07150683)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023


1. STATUTORY INFORMATION

Neocos 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 (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

All fixed assets are initially recorded at 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

NEOCOS CONSULTING LIMITED (REGISTERED NUMBER: 07150683)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2023


3. ACCOUNTING POLICIES - continued

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st November 2022
and 31st October 2023 34,737
DEPRECIATION
At 1st November 2022 18,144
Charge for year 4,148
At 31st October 2023 22,292
NET BOOK VALUE
At 31st October 2023 12,445
At 31st October 2022 16,593

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 40,310 -
Other debtors 66 10,224
40,376 10,224

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 3,052 2,516
Taxation and social security 9,499 3,380
Other creditors 7,539 10,734
20,090 16,630

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 "A" Ordinary Shares £1 2 2
1 "B" Ordinary Shares £1 2 2
1 "C" Ordinary Shares £1 1 1
5 5

NEOCOS CONSULTING LIMITED (REGISTERED NUMBER: 07150683)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2023


9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st October 2023 and 31st October 2022:

2023 2022
£    £   
Ms V A Nelson
Balance outstanding at start of year 9,893 14,923
Amounts advanced 192 -
Amounts repaid (10,085 ) (5,030 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 9,893

Mr K P H O'Connell
Balance outstanding at start of year - -
Amounts advanced 33,436 -
Amounts repaid (33,436 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

This loan was unsecured with interest charged at HMRC approved rates and was repaid in full before 31 July 2023.