Company Registration No. 06036109 (England and Wales)
UMR Consulting Limited
Unaudited accounts
for the year ended 31 December 2023
UMR Consulting Limited
Unaudited accounts
Contents
UMR Consulting Limited
Company Information
for the year ended 31 December 2023
Directors
Usha Kantilal Rana
M Rana
Company Number
06036109 (England and Wales)
Registered Office
31 BEECHWOOD ROAD,
GREAT BARR
BIRMINGHAM
B43 6JN
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
UMR Consulting Limited
Accountants' report
Accountants' report to the board of directors of UMR Consulting Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
UMR Consulting Limited for the year ended
31 December 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of UMR Consulting Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of UMR Consulting Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than UMR Consulting Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that UMR Consulting Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of UMR Consulting Limited. You consider that UMR Consulting 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 accounts of UMR Consulting 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 accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
7 August 2024
UMR Consulting Limited
Statement of financial position
as at 31 December 2023
Tangible assets
2,794
1,965
Cash at bank and in hand
136,538
148,458
Creditors: amounts falling due within one year
(16,209)
(32,872)
Net current assets
129,015
115,586
Total assets less current liabilities
131,809
117,551
Creditors: amounts falling due after more than one year
(16,096)
(20,936)
Called up share capital
4
4
Profit and loss account
115,709
96,611
Shareholders' funds
115,713
96,615
For the year ending 31 December 2023 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 27 August 2024 and were signed on its behalf by
M Rana
Director
Company Registration No. 06036109
UMR Consulting Limited
Notes to the Accounts
for the year ended 31 December 2023
UMR Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 06036109. The registered office is 31 BEECHWOOD ROAD,, GREAT BARR, BIRMINGHAM, B43 6JN.
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:
Computer equipment
Between 12% and 33% on cost
4
Tangible fixed assets
Computer equipment
At 31 December 2023
14,054
At 31 December 2023
11,260
Amounts falling due within one year
UMR Consulting Limited
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
6,573
26,767
Loans from directors
-
339
7
Creditors: amounts falling due after more than one year
2023
2022
In Sep 2021, the company received a Bounce Back Loan of £25,000, which is a 100% UK Government backed loan.
Under the terms of the loan, the fees and interest incurred in the first 12 months are settled on behalf of the company by the UK Government.
After the first 12 months, an interest rate of 2.5% is applicable.
The initial length of the loan is for six years, with an option to extend to ten years under the Bounce Back Loan Scheme.
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).