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REGISTERED NUMBER: 07130343 (England and Wales)















PETER DAVIDSON
CONSULTANCY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






PETER DAVIDSON
CONSULTANCY LIMITED (REGISTERED NUMBER: 07130343)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PETER DAVIDSON
CONSULTANCY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: P Davidson





SECRETARY: Indigo Secretaries Limited





REGISTERED OFFICE: 3 Kensworth Gate
200 - 204 High Street South
Dunstable
Bedfordshire
LU6 3HS





REGISTERED NUMBER: 07130343 (England and Wales)





ACCOUNTANTS: Higginson & Co (UK) Ltd
3 Kensworth Gate
200 - 204 High Street South
Dunstable
Bedfordshire
LU6 3HS

PETER DAVIDSON
CONSULTANCY LIMITED (REGISTERED NUMBER: 07130343)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 36,740 47,882

CURRENT ASSETS
Stocks 27,316 26,937
Debtors 5 148,492 106,899
Cash at bank and in hand 20,496 382
196,304 134,218
CREDITORS
Amounts falling due within one year 6 66,873 80,348
NET CURRENT ASSETS 129,431 53,870
TOTAL ASSETS LESS CURRENT
LIABILITIES

166,171

101,752

CREDITORS
Amounts falling due after more than one
year

7

20,145

30,303
NET ASSETS 146,026 71,449

CAPITAL AND RESERVES
Called up share capital 8 50 50
Retained earnings 145,976 71,399
SHAREHOLDERS' FUNDS 146,026 71,449

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

PETER DAVIDSON
CONSULTANCY LIMITED (REGISTERED NUMBER: 07130343)

BALANCE SHEET - continued
31 DECEMBER 2023


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 director and authorised for issue on 12 June 2024 and were signed by:





P Davidson - Director


PETER DAVIDSON
CONSULTANCY LIMITED (REGISTERED NUMBER: 07130343)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Peter Davidson Consultancy 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.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 year 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.

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.

PETER DAVIDSON
CONSULTANCY LIMITED (REGISTERED NUMBER: 07130343)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 10,235 88,124 98,359
Additions 1,231 945 2,176
Disposals (6,987 ) (16,596 ) (23,583 )
At 31 December 2023 4,479 72,473 76,952
DEPRECIATION
At 1 January 2023 9,956 40,521 50,477
Charge for year 586 12,732 13,318
Eliminated on disposal (6,987 ) (16,596 ) (23,583 )
At 31 December 2023 3,555 36,657 40,212
NET BOOK VALUE
At 31 December 2023 924 35,816 36,740
At 31 December 2022 279 47,603 47,882

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 71,214 38,168
Directors' current accounts 53,310 21,146
Prepayments and accrued income 23,968 47,585
148,492 106,899

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 10,133 39,834
Trade creditors 30,353 18,558
Corporation tax 238 94
Social security and other taxes 5,832 6,840
VAT 16,018 7,721
Accrued expenses 4,299 7,301
66,873 80,348

PETER DAVIDSON
CONSULTANCY LIMITED (REGISTERED NUMBER: 07130343)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans - 1-2 years 10,389 10,129
Bank loans - 2-5 years 9,756 20,174
20,145 30,303

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
50 Ordinary A £1 50 50

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
P Davidson
Balance outstanding at start of year 21,146 25,791
Amounts advanced 32,164 -
Amounts repaid - (4,645 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 53,310 21,146

10. RELATED PARTY DISCLOSURES

The company receives management charges from Peter Davidson Software Limited, a company under common control.

The management charges during the year amounted to £3,000 (2022 £nil)