Company Registration No. 10635877 (England and Wales)
Consulting Junction Limited
Unaudited accounts
for the year ended 29 February 2024
Consulting Junction Limited
Unaudited accounts
Contents
Consulting Junction Limited
Company Information
for the year ended 29 February 2024
Directors
Xinli Shao
Wu Ying
Company Number
10635877 (England and Wales)
Registered Office
27 Old Gloucester Street
London
WC1N 3AX
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Consulting Junction Limited
Accountants' report
Accountants' report to the board of directors of Consulting Junction Limited on the preparation of the unaudited statutory accounts for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Consulting Junction Limited for the year ended
29 February 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 Consulting Junction Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Consulting Junction 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 Consulting Junction Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Consulting Junction 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 Consulting Junction Limited. You consider that Consulting Junction 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 Consulting Junction 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.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
23 September 2024
Consulting Junction Limited
Statement of financial position
as at 29 February 2024
Tangible assets
233,398
233,398
Cash at bank and in hand
14,631
122,880
Creditors: amounts falling due within one year
(166,520)
(276,748)
Net current liabilities
(150,611)
(152,042)
Total assets less current liabilities
82,787
81,356
Creditors: amounts falling due after more than one year
(104,780)
(110,753)
Net liabilities
(21,993)
(29,397)
Called up share capital
2
2
Profit and loss account
(21,995)
(29,399)
Shareholders' funds
(21,993)
(29,397)
For the year ending 29 February 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 23 September 2024 and were signed on its behalf by
Xinli Shao
Director
Company Registration No. 10635877
Consulting Junction Limited
Notes to the Accounts
for the year ended 29 February 2024
Consulting Junction Limited is a private company, limited by shares, registered in England and Wales, registration number 10635877. The registered office is 27 Old Gloucester Street, London, WC1N 3AX.
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.
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:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
233,398
1,394
234,792
At 29 February 2024
233,398
1,394
234,792
At 1 March 2023
-
1,394
1,394
At 29 February 2024
-
1,394
1,394
At 29 February 2024
233,398
-
233,398
At 28 February 2023
233,398
-
233,398
Amounts falling due within one year
Amounts due from group undertakings etc.
1,178
1,178
Accrued income and prepayments
-
150
Consulting Junction Limited
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
165,064
275,064
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
104,780
110,753
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
(140,327)
-
(55,000)
(85,327)
Director Loan account
(134,737)
-
(55,000)
(79,737)
(275,064)
-
(110,000)
(165,064)
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).