Company Registration No. 6565621 (England and Wales)
Shorten Management Consulting Limited
Unaudited accounts
for the year ended 30 April 2024
Shorten Management Consulting Limited
Unaudited accounts
Contents
Shorten Management Consulting Limited
Company Information
for the year ended 30 April 2024
Directors
C M Shorten
L J Shorten
Company Number
6565621 (England and Wales)
Registered Office
Watsons Farm Risplith
Ripon
HG4 3EP
Accountants
Tarrens Accountants Limited
11 Wheatsheaf Close
Ripon
HG4 2SH
Shorten Management Consulting Limited
Statement of financial position
as at 30 April 2024
Tangible assets
11,595
13,123
Cash at bank and in hand
2,414
8,367
Creditors: amounts falling due within one year
(2,940)
(13,190)
Net current assets
6,852
1,887
Called up share capital
10
10
Profit and loss account
18,437
15,000
Shareholders' funds
18,447
15,010
For the year ending 30 April 2024 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 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 of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by
C M Shorten
Director
Company Registration No. 6565621
Shorten Management Consulting Limited
Notes to the Accounts
for the year ended 30 April 2024
Shorten Management Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 6565621. The registered office is Watsons Farm Risplith , Ripon, HG4 3EP.
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:
Fixtures & fittings
5% on cost
Computer equipment
25% reducing balance
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.
Shorten Management Consulting Limited
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
14,033
26,779
40,812
At 30 April 2024
14,033
26,779
40,812
At 1 May 2023
4,211
23,478
27,689
Charge for the year
702
826
1,528
At 30 April 2024
4,913
24,304
29,217
At 30 April 2024
9,120
2,475
11,595
At 30 April 2023
9,822
3,301
13,123
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,490
4,163
Loans from directors
-
7,493
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).