Truffle Consultancy Ltd Filleted Accounts Cover
Truffle Consultancy Ltd
Company No. 14556226
Information for Filing with The Registrar
For the Period ended
31 December 2023
Truffle Consultancy Ltd Balance Sheet Registrar
at
31 December 2023
Company No.
14556226
Notes
2023
£
Fixed assets
Tangible assets
4
2,411
2,411
Current assets
Cash at bank and in hand
15,749
15,749
Creditors: Amount falling due within one year
5
(16,123)
Net current liabilities
(374)
Total assets less current liabilities
2,037
Net assets
2,037
Capital and reserves
Called up share capital
6
1
Profit and loss account
7
2,036
Total equity
2,037
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the period ended 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 01 August 2024 and signed on its behalf by:
Z. Alubudi
Director
01 August 2024
Truffle Consultancy Ltd Notes to the Accounts Registrar
for the period ended 31 December 2023
1
General information
Truffle Consultancy Ltd is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 14556226
Its registered office is:
Office 8 No. 11 Riverside
Riverside Park
Farnham
Surrey
GU9 7UG
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
2
Accounting policies
Turnover
Turnover comprises of Revenue recognised by the company in respect of services provided during the
year exclusive of value added tax. Revenue is recognised in the month in which the service is provided.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Furniture, fittings and equipment
25% Straight line
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty or notice of not more than 24 hours.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Dividend
Equity dividends are recognised when they become legally payable. Interim equity dividends are
recognised when paid. Final equity dividends are recognised when approved by the shareholders at the Annual General Meeting.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.
3
Employees
53 weeks
ended 31
December
2023
Number
The average monthly number of employees (including directors) during the period:
1
4
Tangible fixed assets
Fixtures, fittings and equipment
Total
£
£
Cost or revaluation
Additions
2,5912,591
At 31 December 2023
2,5912,591
Depreciation
Charge for the year
180180
At 31 December 2023
180180
Net book values
At 31 December 2023
2,4112,411
5
Creditors:
amounts falling due within one year
53 weeks
ended 31
December
2023
£
Other loans
1,050
Trade creditors
462
Taxes and social security
12,982
Loans from directors
70
Accruals and deferred income
1,559
16,123
6
Share Capital
Share capital includes following:
53 weeks
ended 31
December
2023
£
1 ordinary shares of £1 each
1
1
7
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
8
Related party transactions
At the Balance Sheet date the company owed £70 to the director.
Truffle Consultancy Ltd1455622631 December 202323 December 2022false01 August 2024BTCSoftware AP Solution 2024 11.1.0311.1.03true145562262022-12-232023-12-31145562262023-12-3114556226core:WithinOneYear2023-12-3114556226core:ShareCapital2023-12-3114556226core:RetainedEarningsAccumulatedLosses2023-12-3114556226countries:UnitedKingdom2022-12-232023-12-3114556226bus:RegisteredOffice2022-12-232023-12-3114556226core:FurnitureFittingsToolsEquipment2022-12-232023-12-3114556226core:FurnitureFittingsToolsEquipment2023-12-3114556226core:RetainedEarningsAccumulatedLosses2022-12-232023-12-31145562262022-12-2314556226bus:SmallEntities2022-12-232023-12-3114556226bus:FullAccounts2022-12-232023-12-3114556226bus:AuditExempt-NoAccountantsReport2022-12-232023-12-3114556226bus:Director12022-12-232023-12-3114556226bus:PrivateLimitedCompanyLtd2022-12-232023-12-31iso4217:GBPxbrli:pure