Company Registration No. 12507616 (England and Wales)
Comet Consulting Limited
Unaudited accounts
for the year ended 31 March 2024
Comet Consulting Limited
Unaudited accounts
Contents
Comet Consulting Limited
Company Information
for the year ended 31 March 2024
Directors
Mr. Robert John Rooke
Mr. Ronan Williams
Mr. William Peter Atkinson
Company Number
12507616 (England and Wales)
Registered Office
The Foundry, Office 210
156 Blackfriars Road
London
SE1 8EN
Accountants
Hunter Financial Group Limited
86-90 Paul Street
London
EC2A 4NE
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Comet Consulting Limited
for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Comet Consulting Limited for the year ended
31 March 2024 as set out on pages
5 -
8 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Hunter Financial Group Limited
Chartered Certified Accountants
86-90 Paul Street
London
EC2A 4NE
21 August 2024
Comet Consulting Limited
Statement of financial position
as at 31 March 2024
Tangible assets
6,996
9,164
Cash at bank and in hand
229,501
178,393
Creditors: amounts falling due within one year
(221,511)
(348,036)
Net current assets
182,388
252,943
Total assets less current liabilities
189,384
262,107
Provisions for liabilities
Net assets
187,635
262,107
Called up share capital
125
125
Profit and loss account
187,510
261,982
Shareholders' funds
187,635
262,107
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by
Mr. William Peter Atkinson
Director
Company Registration No. 12507616
Comet Consulting Limited
Notes to the Accounts
for the year ended 31 March 2024
Comet Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 12507616. The registered office is The Foundry, Office 210, 156 Blackfriars Road, London, SE1 8EN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised as the service is provided.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Comet Consulting Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
1,747
11,998
13,745
At 31 March 2024
2,530
14,273
16,803
At 1 April 2023
582
3,999
4,581
Charge for the year
759
4,467
5,226
At 31 March 2024
1,341
8,466
9,807
At 31 March 2024
1,189
5,807
6,996
At 31 March 2023
1,165
7,999
9,164
Amounts falling due within one year
Trade debtors
143,028
362,241
Accrued income and prepayments
470
346
Other debtors
30,900
59,999
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
39,377
95,302
Taxes and social security
123,683
158,878
Other creditors
3,816
11,129
Loans from directors
815
10,391
Allotted, called up and fully paid:
125 Ordinary shares of £1 each
125
125
Comet Consulting Limited
Notes to the Accounts
for the year ended 31 March 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
51,000
167,260
196,572
21,688
51,000
167,260
196,572
21,688
The overdrawn loan account will be repaid within nine months of the year end.
9
Average number of employees
During the year the average number of employees was 6 (2023: 3).