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REGISTERED NUMBER: 14120225 (England and Wales)















Unaudited Financial Statements

for the Period 1 June 2023 to 31 December 2023

for

Exalto Consulting Limited

Exalto Consulting Limited (Registered number: 14120225)






Contents of the Financial Statements
for the Period 1 June 2023 to 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Exalto Consulting Limited

Company Information
for the Period 1 June 2023 to 31 December 2023







DIRECTORS: Mr M Imran
Mr A Prodger
Mr J Milner
Mrs H Kamal
Mrs C M M Prodger
Mrs K Milner





REGISTERED OFFICE: Suite 3b
Kings House
1 King Street
Leeds
LS1 2HH





REGISTERED NUMBER: 14120225 (England and Wales)





ACCOUNTANTS: Aysgarth Chartered Accountants
Suite 3b
Kings House
1 King Street
Leeds
LS1 2HH

Exalto Consulting Limited (Registered number: 14120225)

Balance Sheet
31 December 2023

31/12/23 31/5/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,264 1,784

CURRENT ASSETS
Debtors 5 110,202 109,645
Cash at bank 381,724 254,903
491,926 364,548
CREDITORS
Amounts falling due within one year 6 414,503 289,969
NET CURRENT ASSETS 77,423 74,579
TOTAL ASSETS LESS CURRENT LIABILITIES 78,687 76,363

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 78,387 76,063
78,687 76,363

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2024 and were signed on its behalf by:





Mr J Milner - Director


Exalto Consulting Limited (Registered number: 14120225)

Notes to the Financial Statements
for the Period 1 June 2023 to 31 December 2023

1. STATUTORY INFORMATION

Exalto 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.
Computer equipment - 33.3% on cost

All tangible fixed assets are recorded at cost, being purchase price, less accumulated depreciation.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 8 (2023 - 3 ) .

Exalto Consulting Limited (Registered number: 14120225)

Notes to the Financial Statements - continued
for the Period 1 June 2023 to 31 December 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 June 2023
and 31 December 2023 2,675
DEPRECIATION
At 1 June 2023 891
Charge for period 520
At 31 December 2023 1,411
NET BOOK VALUE
At 31 December 2023 1,264
At 31 May 2023 1,784

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/5/23
£    £   
Trade debtors 7,200 52,920
Other debtors 103,002 56,725
110,202 109,645

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/5/23
£    £   
Trade creditors 26,649 8,819
Taxation and social security 58,974 39,157
Other creditors 328,880 241,993
414,503 289,969

7. ULTIMATE CONTROLLING PARTY

In the opinion of the Directors there is no ultimate controlling party.