IRIS Accounts Production v24.2.0.383 SC368567 Board of Directors Board of Directors 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC3685672022-11-30SC3685672023-11-30SC3685672022-12-012023-11-30SC3685672021-11-30SC3685672021-12-012022-11-30SC3685672022-11-30SC368567ns15:Scotland2022-12-012023-11-30SC368567ns14:PoundSterling2022-12-012023-11-30SC368567ns10:Director12022-12-012023-11-30SC368567ns10:Director22022-12-012023-11-30SC368567ns10:PrivateLimitedCompanyLtd2022-12-012023-11-30SC368567ns10:SmallEntities2022-12-012023-11-30SC368567ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-30SC368567ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-30SC368567ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-30SC368567ns10:FullAccounts2022-12-012023-11-30SC368567ns10:CompanySecretary12022-12-012023-11-30SC368567ns10:RegisteredOffice2022-12-012023-11-30SC368567ns5:CurrentFinancialInstruments2023-11-30SC368567ns5:CurrentFinancialInstruments2022-11-30SC368567ns5:ShareCapital2023-11-30SC368567ns5:ShareCapital2022-11-30SC368567ns5:RetainedEarningsAccumulatedLosses2023-11-30SC368567ns5:RetainedEarningsAccumulatedLosses2022-11-30SC368567ns5:PlantMachinery2022-11-30SC368567ns5:PlantMachinery2022-12-012023-11-30SC368567ns5:PlantMachinery2023-11-30SC368567ns5:PlantMachinery2022-11-30SC368567ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-30SC368567ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30SC368567ns5:AcceleratedTaxDepreciationDeferredTax2023-11-30SC368567ns5:AcceleratedTaxDepreciationDeferredTax2022-11-30SC368567ns5:DeferredTaxation2022-11-30SC368567ns5:DeferredTaxation2023-11-30SC3685671ns10:Director12022-11-30SC3685671ns10:Director12021-11-30SC3685671ns10:Director12022-12-012023-11-30SC3685671ns10:Director12021-12-012022-11-30SC3685671ns10:Director12023-11-30SC3685671ns10:Director12022-11-30
REGISTERED NUMBER: SC368567 (Scotland)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Conway Consultants Limited

Conway Consultants Limited (Registered number: SC368567)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Conway Consultants Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: G Conway
Mrs A S Conway





SECRETARY: Mrs A S Conway





REGISTERED OFFICE: 3 Aystree House
26 Victoria Road
Broughty Ferry
Dundee
Tayside
DD5 1BJ





REGISTERED NUMBER: SC368567 (Scotland)





ACCOUNTANTS: Angela Campbell
Chartered Accountant
3 Maryfield Road
Broughty Ferry
DUNDEE
Tayside
DD5 2JJ

Conway Consultants Limited (Registered number: SC368567)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,744 2,788

CURRENT ASSETS
Debtors 5 6,559 10,922
Cash at bank 10,438 8,787
16,997 19,709
CREDITORS
Amounts falling due within one year 6 17,750 12,068
NET CURRENT (LIABILITIES)/ASSETS (753 ) 7,641
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,991

10,429

PROVISIONS FOR LIABILITIES 7 530 530
NET ASSETS 1,461 9,899

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,361 9,799
SHAREHOLDERS' FUNDS 1,461 9,899

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 directors acknowledge their 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.

Conway Consultants Limited (Registered number: SC368567)

Balance Sheet - 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 Board of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by:




G Conway - Director



Mrs A S Conway - Director


Conway Consultants Limited (Registered number: SC368567)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Conway Consultants Limited is a private company, limited by shares , registered in Scotland. 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. 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 derived from project management fees.
Turnover therefore represents the income from this source, measured at a fair value of the consideration received or receivable, excluding value added tax.

Tangible fixed assets
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation is provided at the rates calculated to write off the cost of the fixed assets, less their residual value, over their expected useful lives on a straight line basis at the rate of 25% per annum.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any assets have suffered impairment. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss, if any.

Financial instruments
The following assets and liabilities are classes as financial instruments - trade debtors, trade creditors and the director's loan to the company, which is repayable on demand. These are all measured at the undiscounted amount of the cash expected to be paid or received.

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 balance sheet date.


Conway Consultants Limited (Registered number: SC368567)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

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.

Pension costs and other post-retirement benefits
The company operated a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss in the period to which they relate. Pension contributions have been made out of the net IR35 income, which was received by the company during the year.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in an operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 December 2022 6,825
Additions 2,282
Disposals (2,506 )
At 30 November 2023 6,601
DEPRECIATION
At 1 December 2022 4,037
Charge for year 1,528
Eliminated on disposal (1,708 )
At 30 November 2023 3,857
NET BOOK VALUE
At 30 November 2023 2,744
At 30 November 2022 2,788

Conway Consultants Limited (Registered number: SC368567)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 6,559 4,730
Other debtors - 6,192
6,559 10,922

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors - (1 )
Taxation and social security 5,323 7,042
Other creditors 12,427 5,027
17,750 12,068

7. PROVISIONS FOR LIABILITIES
30.11.23 30.11.22
£    £   
Deferred tax
Accelerated capital allowances 530 530

Deferred
tax
£   
Balance at 1 December 2022 530
Balance at 30 November 2023 530

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

30.11.23 30.11.22
£    £   
G Conway
Balance outstanding at start of year 6,192 -
Amounts advanced 36,359 6,192
Amounts repaid (46,899 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (4,348 ) 6,192

The outstanding balance due to the company was repaid in full in August 2023.