1 false false false false false false false false false true false false false false false false No description of principal activity 2023-01-01 Sage Accounts Production Advanced 2021 - FRS102_2021 16,501 15,224 778 16,002 499 1,277 16 16 16 xbrli:pure xbrli:shares iso4217:GBP 05625738 2023-01-01 2023-12-31 05625738 2023-12-31 05625738 2022-12-31 05625738 2022-01-01 2022-12-31 05625738 2022-12-31 05625738 core:FurnitureFittings 2023-01-01 2023-12-31 05625738 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 05625738 bus:Director1 2023-01-01 2023-12-31 05625738 core:FurnitureFittings 2022-12-31 05625738 core:FurnitureFittings 2023-12-31 05625738 core:AfterOneYear 2023-12-31 05625738 core:AfterOneYear 2022-12-31 05625738 core:WithinOneYear 2023-12-31 05625738 core:WithinOneYear 2022-12-31 05625738 core:ShareCapital 2023-12-31 05625738 core:ShareCapital 2022-12-31 05625738 core:RetainedEarningsAccumulatedLosses 2023-12-31 05625738 core:RetainedEarningsAccumulatedLosses 2022-12-31 05625738 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 05625738 core:Non-currentFinancialInstruments 2023-12-31 05625738 core:Non-currentFinancialInstruments 2022-12-31 05625738 core:FurnitureFittings 2022-12-31 05625738 bus:SmallEntities 2023-01-01 2023-12-31 05625738 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 05625738 bus:FullAccounts 2023-01-01 2023-12-31 05625738 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 05625738 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05625738 bus:OrdinaryShareClass1 2023-12-31 05625738 bus:OrdinaryShareClass1 2022-12-31 05625738 core:AllAssociates 2023-01-01 2023-12-31
COMPANY REGISTRATION NUMBER: 05625738
GAARDER CONSULTING LTD
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 December 2023
GAARDER CONSULTING LTD
FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
Contents
Pages
Balance sheet 1
Notes to the financial statements 2 to 4
GAARDER CONSULTING LTD
BALANCE SHEET
31 December 2023
2023
2022
Note
£
£
Fixed assets
Tangible assets
5
499
1,277
Investments
6
16
16
------------
------------
515
1,293
Current assets
Debtors
7
365,154
410,721
Cash at bank and in hand
152,882
309,112
------------
------------
518,036
719,833
Creditors: amounts falling due within one year
8
( 201)
( 55,294)
------------
------------
Net current assets
517,835
664,539
------------
------------
Total assets less current liabilities
518,350
665,832
------------
------------
Capital and reserves
Called up share capital
9
1
1
Profit and loss account
518,349
665,831
------------
------------
Shareholders funds
518,350
665,832
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 24 April 2024 , and are signed on behalf of the board by:
A Gaarder
Director
Company registration number: 05625738
GAARDER CONSULTING LTD
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 33b Moore Park Road, London, SW6 2HU.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
25% straight line
Pension costs
Contributions to defined contribution pension schemes are charged to the profit and loss account when paid.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
5. Tangible assets
Fixtures and fittings
£
Cost
At 1 January 2023 and 31 December 2023
16,501
------------
Depreciation
At 1 January 2023
15,224
Charge for the year
778
------------
At 31 December 2023
16,002
------------
Carrying amount
At 31 December 2023
499
------------
At 31 December 2022
1,277
------------
6. Investments
Other investments other than loans
£
Cost
At 1 January 2023 and 31 December 2023
16
------------
Impairment
At 1 January 2023 and 31 December 2023
------------
Carrying amount
At 31 December 2023
16
------------
At 31 December 2022
16
------------
The company owns the whole of the issued share capital of Gaarder Developments srl, a company registered in Costa Rica and involved in property ownership.
7. Debtors
2023
2022
£
£
Trade debtors
10,701
56,323
Amounts owed by group undertakings
354,398
354,398
Other debtors
55
------------
------------
365,154
410,721
------------
------------
The debtors above include the following amounts falling due after more than one year:
2023
2022
£
£
Amounts owed by group undertakings
354,398
354,398
------------
------------
8. Creditors: amounts falling due within one year
2023
2022
£
£
Corporation tax
39,669
Social security and other taxes
13,870
Director loan accounts
201
1,755
------------
------------
201
55,294
------------
------------
9. Called up share capital
Issued, called up and fully paid
2023
2022
No.
£
No.
£
Ordinary shares of £ 1 each
1
1
1
1
------------
------------
------------
------------
10. Related party transactions
The amounts owed by group undertakings included in debtors above includes a loan to Gaarder Developments srl of £354,398 (2022:£343,398). The loan is unsecured, currently interest-free and repayable on agreed terms. The director's loan account of £201 (2022: £1,755) set out at creditors above is unsecured, repayable on demand and currently interest free. The company is controlled by the director.