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REGISTERED NUMBER: 11875187 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Rise Above Consulting Limited

Rise Above Consulting Limited (Registered number: 11875187)






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




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Rise Above Consulting Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr N Cox





REGISTERED OFFICE: Britannia Court
5 Moor Street
Worcester
Worcestershire
WR1 3DB





REGISTERED NUMBER: 11875187 (England and Wales)





ACCOUNTANTS: Chandler and Partners Limited
5 Moor Street
Worcester
Worcestershire
WR1 3DB

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Rise Above Consulting Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rise Above Consulting Limited for the year ended 31 March 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Rise Above Consulting Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rise Above Consulting Limited and state those matters that we have agreed to state to the director of Rise Above Consulting Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rise Above Consulting Limited and its director for our work or for this report.

It is your duty to ensure that Rise Above Consulting Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rise Above Consulting Limited. You consider that Rise Above 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 financial statements of Rise Above 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 financial statements.






Chandler and Partners Limited
5 Moor Street
Worcester
Worcestershire
WR1 3DB


10 September 2024

Rise Above Consulting Limited (Registered number: 11875187)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,209 3,449

CURRENT ASSETS
Debtors 5 78,886 145,879
Cash at bank 17,252 23,156
96,138 169,035
CREDITORS
Amounts falling due within one year 6 (22,027 ) (38,345 )
NET CURRENT ASSETS 74,111 130,690
TOTAL ASSETS LESS CURRENT
LIABILITIES

77,320

134,139

CREDITORS
Amounts falling due after more than one
year

7

(23,285

)

(27,445

)

PROVISIONS FOR LIABILITIES (314 ) (323 )
NET ASSETS 53,721 106,371

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 53,621 106,271
SHAREHOLDERS' FUNDS 53,721 106,371

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.

Rise Above Consulting Limited (Registered number: 11875187)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 September 2024 and were signed by:





Mr N Cox - Director


Rise Above Consulting Limited (Registered number: 11875187)

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

1. STATUTORY INFORMATION

Rise Above 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

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.

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 operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Rise Above Consulting Limited (Registered number: 11875187)

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

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 3,495 2,016 5,511
Additions - 1,053 1,053
At 31 March 2024 3,495 3,069 6,564
DEPRECIATION
At 1 April 2023 728 1,334 2,062
Charge for year 874 419 1,293
At 31 March 2024 1,602 1,753 3,355
NET BOOK VALUE
At 31 March 2024 1,893 1,316 3,209
At 31 March 2023 2,767 682 3,449

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 6,000
Amounts owed by associates 5,000 -
Directors' current accounts 73,886 139,879
78,886 145,879

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 4,169 4,169
Tax 11,206 31,971
VAT 4,682 665
Accrued expenses 1,970 1,540
22,027 38,345

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1-2 years 4,169 4,169
Bank loans - 2-5 years 12,506 12,506
Bank loans more 5 yr by instal 6,610 10,770
23,285 27,445

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 6,610 10,770

Rise Above Consulting Limited (Registered number: 11875187)

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

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31st March 2024 there was a loan balance of £73,886 owing from the directors to the company.The loan is repayable within 9 months of the year end and interest has not been charged.