Company Registration No. NI657739 (Northern Ireland)
Conscious Locations Limited
Unaudited accounts
for the year ended 31 December 2023
Conscious Locations Limited
Unaudited accounts
Contents
Conscious Locations Limited
Company Information
for the year ended 31 December 2023
Company Number
NI657739 (Northern Ireland)
Registered Office
35 WILLIAM STREET
DONAGHADEE
CO DOWN
BT21 0HP
UNITED KINGDOM
Accountants
DJB Accounting Ltd
34 Knockmoyle Drive
Greystone Road
Antrim
BT41 1HE
Conscious Locations Limited
Accountants' report
Accountants' report to the director of Conscious Locations 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
Conscious Locations 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 Conscious Locations Limited, as a body, in accordance with the terms of our engagement letter dated 1 February 2023. Our work has been undertaken solely to prepare for your approval the accounts of Conscious Locations 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 Conscious Locations Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Conscious Locations 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 Conscious Locations Limited. You consider that Conscious Locations 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 Conscious Locations 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.
DJB Accounting Ltd
34 Knockmoyle Drive
Greystone Road
Antrim
BT41 1HE
17 September 2024
Conscious Locations Limited
Statement of financial position
as at 31 December 2023
Tangible assets
7,374
15,816
Cash at bank and in hand
5,343
3,452
Creditors: amounts falling due within one year
(20,974)
(26,259)
Net current liabilities
(6,258)
(1,507)
Called up share capital
10
10
Profit and loss account
1,106
14,299
Shareholders' funds
1,116
14,309
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 director acknowledges her 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 and authorised for issue on 17 September 2024 and were signed on its behalf by
Catherine Geary
Director
Company Registration No. NI657739
Conscious Locations Limited
Notes to the Accounts
for the year ended 31 December 2023
Conscious Locations Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI657739. The registered office is 35 WILLIAM STREET, DONAGHADEE, CO DOWN, BT21 0HP, UNITED KINGDOM.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% Straight Line
Computer equipment
25% Straight Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Conscious Locations Limited
Notes to the Accounts
for the year ended 31 December 2023
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director will continue to adopt the going concern basis of accounting in preparing the financial statements.
4
Tangible fixed assets
Plant & machinery
At 31 December 2023
33,766
At 31 December 2023
26,392
At 31 December 2022
15,816
Amounts falling due within one year
Trade debtors
15,527
20,703
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
20,890
26,229
Loans from directors
84
30
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).