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REGISTERED NUMBER: 04092107 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2023 TO 31 MAY 2024

FOR

TOUCHSTONE CONSULTANTS LIMITED

TOUCHSTONE CONSULTANTS LIMITED (REGISTERED NUMBER: 04092107)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2023 TO 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TOUCHSTONE CONSULTANTS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 JANUARY 2023 TO 31 MAY 2024







DIRECTOR: N A Todd





REGISTERED OFFICE: Empress House
43a Binley Road
Coventry
CV3 1HU





REGISTERED NUMBER: 04092107 (England and Wales)





ACCOUNTANTS: Walker Thompson Ltd
Accountants & Registered Auditors
Empress House
43a Binley Road
Coventry
CV3 1HU

TOUCHSTONE CONSULTANTS LIMITED (REGISTERED NUMBER: 04092107)

BALANCE SHEET
31 MAY 2024

2024 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,196 5,383

CURRENT ASSETS
Debtors 5 962,677 914,670
Cash at bank 754,525 194,277
1,717,202 1,108,947
CREDITORS
Amounts falling due within one year 6 1,042,775 705,901
NET CURRENT ASSETS 674,427 403,046
TOTAL ASSETS LESS CURRENT
LIABILITIES

681,623

408,429

PROVISIONS FOR LIABILITIES 1,799 1,023
NET ASSETS 679,824 407,406

CAPITAL AND RESERVES
Called up share capital 7 4 4
Retained earnings 679,820 407,402
SHAREHOLDERS' FUNDS 679,824 407,406

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 August 2024 and were signed by:



N A Todd - Director


TOUCHSTONE CONSULTANTS LIMITED (REGISTERED NUMBER: 04092107)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2023 TO 31 MAY 2024

1. STATUTORY INFORMATION

Touchstone Consultants 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 (£).


The Director took the decision to extend the accounting period from December 2023 to May 2024. The comparatives are therefore not entirely comparable.

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 represents net invoiced sales of services, excluding value added tax. Sales are recognised in the accounting period in which the service is carried out.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 15% on reducing balance

Taxation
Taxation for the period 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 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 1 ) .

TOUCHSTONE CONSULTANTS LIMITED (REGISTERED NUMBER: 04092107)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2023 TO 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 23,785
Additions 3,646
At 31 May 2024 27,431
DEPRECIATION
At 1 January 2023 18,402
Charge for period 1,833
At 31 May 2024 20,235
NET BOOK VALUE
At 31 May 2024 7,196
At 31 December 2022 5,383

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade debtors 932,417 882,959
Other debtors 30,260 31,711
962,677 914,670

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade creditors 396,994 327,549
Taxation and social security 582,393 362,062
Other creditors 63,388 16,290
1,042,775 705,901

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2022
value: £    £   
2 A Ordinary £1 2 2
2 B Ordinary £1 2 2
4 4