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REGISTERED NUMBER: 10024888 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Jespersen Consulting Limited

Jespersen Consulting Limited (Registered number: 10024888)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jespersen Consulting Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: T Jespersen





SECRETARY: Mrs R Jespersen





REGISTERED OFFICE: 38 Merton Crescent
Stockport
Cheshire
SK4 4SD





REGISTERED NUMBER: 10024888 (England and Wales)





ACCOUNTANTS: Harris Lacey and Swain
Suite 1
The Riverside Building
Hessle
East Yorkshire
HU13 0DZ

Jespersen Consulting Limited (Registered number: 10024888)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 328 437

CURRENT ASSETS
Debtors 5 32,240 2,948
Cash at bank 17,789 61,532
50,029 64,480
CREDITORS
Amounts falling due within one year 6 38,210 35,347
NET CURRENT ASSETS 11,819 29,133
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,147

29,570

CREDITORS
Amounts falling due after more than one
year

7

11,247

20,247
NET ASSETS 900 9,323

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 898 9,321
900 9,323

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

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

Jespersen Consulting Limited (Registered number: 10024888)

Balance Sheet - continued
31 March 2024


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 28 June 2024 and were signed by:





T Jespersen - Director


Jespersen Consulting Limited (Registered number: 10024888)

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


1. STATUTORY INFORMATION

Jespersen 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.

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.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors' best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.

Turnover
Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied or services rendered, net of returns, discounts and rebates allowed by the company and value added taxes.

The company recognises revenue when the significant risks and rewards of ownership have been transferred to the buyer; the company retains no continuing involvement or control over the goods; the amount of revenue can be measured reliably; it is probable that future economic benefits will flow to the entity and when the specific criteria relating to each of the company's sales channels have been met, as described below.

The company provides consultancy services to other organisations, these services are provided on a time and material basis or as a fixed price contract.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 50% on cost
Computer equipment - 25% on 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.


Jespersen Consulting Limited (Registered number: 10024888)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 2,119 8,111 10,230
DEPRECIATION
At 1 April 2023 2,119 7,674 9,793
Charge for year - 109 109
At 31 March 2024 2,119 7,783 9,902
NET BOOK VALUE
At 31 March 2024 - 328 328
At 31 March 2023 - 437 437

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,694 -
Other debtors 26,546 2,948
32,240 2,948

Jespersen Consulting Limited (Registered number: 10024888)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 9,000 9,000
Trade creditors - (1 )
Taxation and social security 26,388 23,069
Other creditors 2,822 3,279
38,210 35,347

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 11,247 20,247

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 9,000 9,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 9,000 9,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 2,247 11,247

9. FINANCIAL INSTRUMENTS

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measure at their settlement value.

Jespersen Consulting Limited (Registered number: 10024888)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
T Jespersen
Balance outstanding at start of year - -
Amounts advanced 120,066 -
Amounts repaid (95,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 25,066 -