2023-08-012024-07-312024-07-31false10262500THE PROFESSIONAL CONSULTANCY LIMITED2024-09-11iso4217:GBPxbrli:pure102625002023-08-01102625002024-07-31102625002023-08-012024-07-31102625002022-08-01102625002023-07-31102625002022-08-012023-07-3110262500bus:SmallEntities2023-08-012024-07-3110262500bus:AuditExempt-NoAccountantsReport2023-08-012024-07-3110262500bus:FullAccounts2023-08-012024-07-3110262500bus:PrivateLimitedCompanyLtd2023-08-012024-07-3110262500core:WithinOneYear2024-07-3110262500core:AfterOneYear2024-07-3110262500core:WithinOneYear2023-07-3110262500core:AfterOneYear2023-07-3110262500core:ShareCapital2024-07-3110262500core:SharePremium2024-07-3110262500core:RevaluationReserve2024-07-3110262500core:OtherReservesSubtotal2024-07-3110262500core:RetainedEarningsAccumulatedLosses2024-07-3110262500core:ShareCapital2023-07-3110262500core:SharePremium2023-07-3110262500core:RevaluationReserve2023-07-3110262500core:OtherReservesSubtotal2023-07-3110262500core:RetainedEarningsAccumulatedLosses2023-07-3110262500core:LandBuildings2024-07-3110262500core:PlantMachinery2024-07-3110262500core:Vehicles2024-07-3110262500core:FurnitureFittings2024-07-3110262500core:OfficeEquipment2024-07-3110262500core:NetGoodwill2024-07-3110262500core:IntangibleAssetsOtherThanGoodwill2024-07-3110262500core:ListedExchangeTraded2024-07-3110262500core:UnlistedNon-exchangeTraded2024-07-3110262500core:LandBuildings2023-07-3110262500core:PlantMachinery2023-07-3110262500core:Vehicles2023-07-3110262500core:FurnitureFittings2023-07-3110262500core:OfficeEquipment2023-07-3110262500core:NetGoodwill2023-07-3110262500core:IntangibleAssetsOtherThanGoodwill2023-07-3110262500core:ListedExchangeTraded2023-07-3110262500core:UnlistedNon-exchangeTraded2023-07-3110262500core:LandBuildings2023-08-012024-07-3110262500core:PlantMachinery2023-08-012024-07-3110262500core:Vehicles2023-08-012024-07-3110262500core:FurnitureFittings2023-08-012024-07-3110262500core:OfficeEquipment2023-08-012024-07-3110262500core:NetGoodwill2023-08-012024-07-3110262500core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3110262500core:ListedExchangeTraded2023-08-012024-07-3110262500core:UnlistedNon-exchangeTraded2023-08-012024-07-3110262500core:MoreThanFiveYears2023-08-012024-07-3110262500core:Non-currentFinancialInstruments2024-07-3110262500core:Non-currentFinancialInstruments2023-07-3110262500dpl:CostSales2023-08-012024-07-3110262500dpl:DistributionCosts2023-08-012024-07-3110262500core:LandBuildings2023-08-012024-07-3110262500core:PlantMachinery2023-08-012024-07-3110262500core:Vehicles2023-08-012024-07-3110262500core:FurnitureFittings2023-08-012024-07-3110262500core:OfficeEquipment2023-08-012024-07-3110262500dpl:AdministrativeExpenses2023-08-012024-07-3110262500core:NetGoodwill2023-08-012024-07-3110262500core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3110262500dpl:GroupUndertakings2023-08-012024-07-3110262500dpl:ParticipatingInterests2023-08-012024-07-3110262500dpl:GroupUndertakingscore:ListedExchangeTraded2023-08-012024-07-3110262500core:ListedExchangeTraded2023-08-012024-07-3110262500dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-08-012024-07-3110262500core:UnlistedNon-exchangeTraded2023-08-012024-07-3110262500dpl:CostSales2022-08-012023-07-3110262500dpl:DistributionCosts2022-08-012023-07-3110262500core:LandBuildings2022-08-012023-07-3110262500core:PlantMachinery2022-08-012023-07-3110262500core:Vehicles2022-08-012023-07-3110262500core:FurnitureFittings2022-08-012023-07-3110262500core:OfficeEquipment2022-08-012023-07-3110262500dpl:AdministrativeExpenses2022-08-012023-07-3110262500core:NetGoodwill2022-08-012023-07-3110262500core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3110262500dpl:GroupUndertakings2022-08-012023-07-3110262500dpl:ParticipatingInterests2022-08-012023-07-3110262500dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3110262500core:ListedExchangeTraded2022-08-012023-07-3110262500dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3110262500core:UnlistedNon-exchangeTraded2022-08-012023-07-3110262500core:NetGoodwill2024-07-3110262500core:IntangibleAssetsOtherThanGoodwill2024-07-3110262500core:LandBuildings2024-07-3110262500core:PlantMachinery2024-07-3110262500core:Vehicles2024-07-3110262500core:FurnitureFittings2024-07-3110262500core:OfficeEquipment2024-07-3110262500core:AfterOneYear2024-07-3110262500core:WithinOneYear2024-07-3110262500core:ListedExchangeTraded2024-07-3110262500core:UnlistedNon-exchangeTraded2024-07-3110262500core:ShareCapital2024-07-3110262500core:SharePremium2024-07-3110262500core:RevaluationReserve2024-07-3110262500core:OtherReservesSubtotal2024-07-3110262500core:RetainedEarningsAccumulatedLosses2024-07-3110262500core:NetGoodwill2023-07-3110262500core:IntangibleAssetsOtherThanGoodwill2023-07-3110262500core:LandBuildings2023-07-3110262500core:PlantMachinery2023-07-3110262500core:Vehicles2023-07-3110262500core:FurnitureFittings2023-07-3110262500core:OfficeEquipment2023-07-3110262500core:AfterOneYear2023-07-3110262500core:WithinOneYear2023-07-3110262500core:ListedExch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THE PROFESSIONAL CONSULTANCY LIMITED

Registered Number
10262500
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2024

THE PROFESSIONAL CONSULTANCY LIMITED
Company Information
for the year from 1 August 2023 to 31 July 2024

Director

AWAL, Muhammad Shorif Abdul

Registered Address

20-22 Wenlock Road
London
N1 7GU

Registered Number

10262500 (England and Wales)
THE PROFESSIONAL CONSULTANCY LIMITED
Statement of Financial Position
31 July 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3100125
100125
Current assets
Debtors412,300-
Cash at bank and on hand2,3633,300
14,6633,300
Creditors amounts falling due within one year5(15,387)(3,400)
Net current assets (liabilities)(724)(100)
Total assets less current liabilities(624)25
Provisions for liabilities6(19)(24)
Net assets(643)1
Capital and reserves
Called up share capital11
Profit and loss account(644)-
Shareholders' funds(643)1
The financial statements were approved and authorised for issue by the Director on 11 September 2024, and are signed on its behalf by:
AWAL, Muhammad Shorif Abdul
Director
Registered Company No. 10262500
THE PROFESSIONAL CONSULTANCY LIMITED
Notes to the Financial Statements
for the year ended 31 July 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Office Equipment20
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Plant & machinery

Total

££
Cost or valuation
At 01 August 23596596
At 31 July 24596596
Depreciation and impairment
At 01 August 23471471
Charge for year2525
At 31 July 24496496
Net book value
At 31 July 24100100
At 31 July 23125125
4.Debtors: amounts due within one year

2024

2023

££
Prepayments and accrued income12,300-
Total12,300-
5.Creditors: amounts due within one year

2024

2023

££
Amounts owed to related parties2,8542,960
Taxation and social security-440
Accrued liabilities and deferred income12,533-
Total15,3873,400
6.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)1924
Total1924
7.Controlling party
The ultimate controlling party is Muhammad Shorif Abdul Awal.