Reibstein Monsell Consultancy Limited 09027700 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is is that of the provision of psychology consultancy services. Digita Accounts Production Advanced 6.30.9574.0 true 09027700 2023-04-01 2024-03-31 09027700 2024-03-31 09027700 core:RetainedEarningsAccumulatedLosses 2024-03-31 09027700 core:ShareCapital 2024-03-31 09027700 core:CurrentFinancialInstruments 2024-03-31 09027700 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09027700 core:FurnitureFittingsToolsEquipment 2024-03-31 09027700 core:OtherPropertyPlantEquipment 2024-03-31 09027700 bus:SmallEntities 2023-04-01 2024-03-31 09027700 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09027700 bus:FullAccounts 2023-04-01 2024-03-31 09027700 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09027700 bus:RegisteredOffice 2023-04-01 2024-03-31 09027700 bus:Director1 2023-04-01 2024-03-31 09027700 bus:Director2 2023-04-01 2024-03-31 09027700 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09027700 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 09027700 core:OfficeEquipment 2023-04-01 2024-03-31 09027700 core:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 09027700 countries:England 2023-04-01 2024-03-31 09027700 2023-03-31 09027700 core:FurnitureFittingsToolsEquipment 2023-03-31 09027700 core:OtherPropertyPlantEquipment 2023-03-31 09027700 2022-04-01 2023-03-31 09027700 2023-03-31 09027700 core:RetainedEarningsAccumulatedLosses 2023-03-31 09027700 core:ShareCapital 2023-03-31 09027700 core:CurrentFinancialInstruments 2023-03-31 09027700 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 09027700 core:FurnitureFittingsToolsEquipment 2023-03-31 09027700 core:OtherPropertyPlantEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 09027700

Reibstein Monsell Consultancy Limited

Filleted Unaudited Financial Statements

for the Year Ended 31 March 2024

 

Reibstein Monsell Consultancy Limited
(Registration number: 09027700)

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Reibstein Monsell Consultancy Limited
(Registration number: 09027700)

Company Information

Directors

Prof J A Reibstein

Prof S A Monsell

Registered office

1 Colleton Crescent
Exeter
Devon
EX2 4DG

Accountants

Thompson Jenner LLP
Chartered Accountants
1 Colleton Crescent
Exeter
Devon
EX2 4DG

 

Reibstein Monsell Consultancy Limited
(Registration number: 09027700)

Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

177

355

Current assets

 

Cash at bank and in hand

 

15,994

11,587

Creditors: Amounts falling due within one year

6

(13,448)

(17,802)

Net current assets/(liabilities)

 

2,546

(6,215)

Net assets/(liabilities)

 

2,723

(5,860)

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

2,623

(5,960)

Total equity

 

2,723

(5,860)

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 22 October 2024 and signed on its behalf by:
 

.........................................
Prof J A Reibstein
Director

 

Reibstein Monsell Consultancy Limited
(Registration number: 09027700)

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
1 Colleton Crescent
Exeter
Devon
EX2 4DG

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Reibstein Monsell Consultancy Limited
(Registration number: 09027700)

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

20% straight line basis

Fixtures and Fittings

20% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

Reibstein Monsell Consultancy Limited
(Registration number: 09027700)

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Reibstein Monsell Consultancy Limited
(Registration number: 09027700)

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Office equipment
 £

Fixtures and Fittings
£

Total
£

Cost or valuation

At 1 April 2023

1,877

4,647

6,524

At 31 March 2024

1,877

4,647

6,524

Depreciation

At 1 April 2023

1,522

4,647

6,169

Charge for the year

178

-

178

At 31 March 2024

1,700

4,647

6,347

Carrying amount

At 31 March 2024

177

-

177

At 31 March 2023

355

-

355

5

Debtors

2024
£

2023
£

Total current trade and other debtors

-

-

6

Creditors

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7

12,008

16,122

Accrued expenses

 

1,440

1,680

 

13,448

17,802

7

Loans and borrowings

2024
£

2023
£

Current loans and borrowings

Other borrowings

12,008

16,122