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REGISTERED NUMBER: 11057577 (England and Wales)













VO2 CONSULT LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023






VO2 CONSULT LIMITED (REGISTERED NUMBER: 11057577)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


VO2 CONSULT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: Mr. S Tippett





REGISTERED OFFICE: 11 Swn Yr Adar
Pen-Y-Fai
Bridgend
CF31 4GE





REGISTERED NUMBER: 11057577 (England and Wales)





ACCOUNTANTS: Carston Chartered Accountants
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
VO2 CONSULT LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of VO2 Consult Limited for the year ended 30 November 2023 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of VO2 Consult Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of VO2 Consult Limited and state those matters that we have agreed to state to the director of VO2 Consult Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than VO2 Consult Limited and its director for our work or for this report.

It is your duty to ensure that VO2 Consult Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of VO2 Consult Limited. You consider that VO2 Consult Limited 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 financial statements of VO2 Consult Limited. 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 financial statements.






Carston Chartered Accountants
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ


Date: .............................................

VO2 CONSULT LIMITED (REGISTERED NUMBER: 11057577)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 4,400 5,500
Tangible assets 5 5,653 5,009
10,053 10,509

CURRENT ASSETS
Debtors 6 171,944 160,849
Cash at bank 20,154 6,694
192,098 167,543
CREDITORS
Amounts falling due within one year 7 40,791 41,394
NET CURRENT ASSETS 151,307 126,149
TOTAL ASSETS LESS CURRENT LIABILITIES 161,360 136,658

CREDITORS
Amounts falling due after more than one
year

8

11,967

18,500
NET ASSETS 149,393 118,158

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 149,392 118,157
SHAREHOLDERS' FUNDS 149,393 118,158

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

VO2 CONSULT LIMITED (REGISTERED NUMBER: 11057577)

STATEMENT OF FINANCIAL POSITION - continued
30 NOVEMBER 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 August 2024 and were signed by:





Mr. S Tippett - Director


VO2 CONSULT LIMITED (REGISTERED NUMBER: 11057577)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

VO2 Consult 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.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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% straight line on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

VO2 CONSULT LIMITED (REGISTERED NUMBER: 11057577)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 December 2022
and 30 November 2023 11,000
AMORTISATION
At 1 December 2022 5,500
Amortisation for year 1,100
At 30 November 2023 6,600
NET BOOK VALUE
At 30 November 2023 4,400
At 30 November 2022 5,500

5. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 December 2022 19,281
Additions 4,211
At 30 November 2023 23,492
DEPRECIATION
At 1 December 2022 14,272
Charge for year 3,567
At 30 November 2023 17,839
NET BOOK VALUE
At 30 November 2023 5,653
At 30 November 2022 5,009

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 10,140 33,480
Other debtors 161,804 127,369
171,944 160,849

VO2 CONSULT LIMITED (REGISTERED NUMBER: 11057577)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 7,150 7,400
Taxation and social security 30,761 32,268
Other creditors 2,880 1,726
40,791 41,394

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Bank loans 11,967 18,500

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
1 Ordinary £1 1 1

10. RELATED PARTY DISCLOSURES

As at the year end VO2 Consult Limited was owed £155,269 (2022 - £127,369) by a company in which the director has a controlling interest.