Company Registration No. 06832843 (England and Wales)
G2 Consult Limited
Unaudited accounts
for the year ended 31 March 2024
G2 Consult Limited
Unaudited accounts
Contents
G2 Consult Limited
Company Information
for the year ended 31 March 2024
Directors
Geoffrey Davy
Jennifer Davy
Company Number
06832843 (England and Wales)
Registered Office
MOUNT PLEASANT HOUSE
40,PRIORY ROAD
WANTAGE
OXFORDSHIRE
OX12 9DA
Accountants
J JENKIN & ASSOCIATES LIMITED
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
G2 Consult Limited
Accountants' report
Accountants' report to the board of directors of G2 Consult Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
G2 Consult Limited for the year ended
31 March 2024 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 G2 Consult Limited, as a body, in accordance with the terms of our engagement letter dated 6 January 2018. Our work has been undertaken solely to prepare for your approval the accounts of G2 Consult 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 G2 Consult Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that G2 Consult 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 G2 Consult Limited. You consider that G2 Consult 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 G2 Consult 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.
J JENKIN & ASSOCIATES LIMITED
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
16 September 2024
G2 Consult Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
4,102
474
Creditors: amounts falling due within one year
(11,748)
(9,332)
Net current assets/(liabilities)
246
(242)
Called up share capital
1,000
1,000
Profit and loss account
(312)
(653)
Shareholders' funds
688
347
For the year ending 31 March 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 17 September 2024 and were signed on its behalf by
Geoffrey Davy
Director
Company Registration No. 06832843
G2 Consult Limited
Notes to the Accounts
for the year ended 31 March 2024
G2 Consult Limited is a private company, limited by shares, registered in England and Wales, registration number 06832843. The registered office is MOUNT PLEASANT HOUSE, 40,PRIORY ROAD, WANTAGE, OXFORDSHIRE, OX12 9DA.
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% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
832
2,133
2,965
At 31 March 2024
832
2,133
2,965
At 1 April 2023
596
1,780
2,376
Charge for the year
59
88
147
At 31 March 2024
655
1,868
2,523
At 31 March 2024
177
265
442
At 31 March 2023
236
353
589
G2 Consult Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
10,398
7,982
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).