IRIS Accounts Production v24.2.0.383 11364475 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113644752023-03-31113644752024-03-31113644752023-04-012024-03-31113644752022-03-31113644752022-04-012023-03-31113644752023-03-3111364475ns15:EnglandWales2023-04-012024-03-3111364475ns14:PoundSterling2023-04-012024-03-3111364475ns10:Director12023-04-012024-03-3111364475ns10:Director22023-04-012024-03-3111364475ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111364475ns10:SmallEntities2023-04-012024-03-3111364475ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3111364475ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111364475ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111364475ns10:FullAccounts2023-04-012024-03-3111364475ns10:Director32023-04-012024-03-3111364475ns10:Director42023-04-012024-03-3111364475ns10:RegisteredOffice2023-04-012024-03-3111364475ns5:CurrentFinancialInstruments2024-03-3111364475ns5:CurrentFinancialInstruments2023-03-3111364475ns5:Non-currentFinancialInstruments2024-03-3111364475ns5:Non-currentFinancialInstruments2023-03-3111364475ns5:ShareCapital2024-03-3111364475ns5:ShareCapital2023-03-3111364475ns5:FurtherSpecificReserve1ComponentTotalEquity2024-03-3111364475ns5:FurtherSpecificReserve1ComponentTotalEquity2023-03-3111364475ns5:RetainedEarningsAccumulatedLosses2024-03-3111364475ns5:RetainedEarningsAccumulatedLosses2023-03-3111364475ns5:PlantMachinery2023-03-3111364475ns5:PlantMachinery2023-04-012024-03-3111364475ns5:PlantMachinery2024-03-3111364475ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3111364475ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 11364475 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Anmut Consulting Ltd

Anmut Consulting Ltd (Registered number: 11364475)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Anmut Consulting Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: K Heyns
S H Ferriter
S Perry
M Shotter





REGISTERED OFFICE: 4 Eriswell Crescent
Burwood Park
Walton-on-Thames
London
Surrey
KT12 5DS





REGISTERED NUMBER: 11364475 (England and Wales)





ACCOUNTANTS: ATS Accounting & Tax Solutions Ltd
6 Corfield Close
Finchampstead
Wokingham
Berkshire
RG40 4PA

Anmut Consulting Ltd (Registered number: 11364475)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,974 -

CURRENT ASSETS
Debtors 5 678,551 593,418
Prepayments and accrued income 285,332 156,065
Cash at bank 1,222,719 1,756,877
2,186,602 2,506,360
CREDITORS
Amounts falling due within one
year

6

572,732

714,394
NET CURRENT ASSETS 1,613,870 1,791,966
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,615,844

1,791,966

CREDITORS
Amounts falling due after more
than one year

7

-

313,377
NET ASSETS 1,615,844 1,478,589

CAPITAL AND RESERVES
Called up share capital 10 10
Other reserves 131,939 44,884
Retained earnings 1,483,895 1,433,695
1,615,844 1,478,589

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Anmut Consulting Ltd (Registered number: 11364475)

Balance Sheet - continued
31 March 2024


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 Board of Directors and authorised for issue on 29 October 2024 and were signed on its behalf by:




K Heyns - Director



S H Ferriter - Director


Anmut Consulting Ltd (Registered number: 11364475)

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

1. STATUTORY INFORMATION

Anmut Consulting Ltd 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.

Depreciation on Computer Equipment is provided at 33.33% in order to write off each asset over its estimated useful life.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company contributes to defined contribution pension schemes. Contributions payable to the pension schemes are charged to profit or loss in the period to which they relate.

Anmut Consulting Ltd (Registered number: 11364475)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 44 (2023 - 34 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machiner
etc
£   
COST
At 1 April 2023 147,233
Additions 2,249
At 31 March 2024 149,482
DEPRECIATION
At 1 April 2023 147,233
Charge for year 275
At 31 March 2024 147,508
NET BOOK VALUE
At 31 March 2024 1,974

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 220,912 417,720
Amounts owed by group undertakings 2,706 2,155
Other debtors 454,933 173,543
678,551 593,418

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 44,076 142,195
Trade creditors 73,070 62,502
Taxation and social security 271,937 493,697
Other creditors 183,649 16,000
572,732 714,394

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans - 313,377

Anmut Consulting Ltd (Registered number: 11364475)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. FORMER DIRECTOR'S ADVANCES

The following advances to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
H Heyns
Balance outstanding at start of year 162,041 -
Amounts advanced 3,684 162,041
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 165,725 162,041

Post Balance Sheet event

The Former Director's advance was repaid on 10 October 2024.

Anmut Consulting Ltd (Registered number: 11364475)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. SHARE-BASED PAYMENT TRANSACTIONS

Anmut Ltd issued share based options to employees of Anmut Consulting Ltd in terms of the Enterprise Management Incentive share option scheme. Anmut Ltd issued 4969 share options between 1 April 2019 and 31 March 2023, and a further 4903 share options between 1 April 2023 and 31 March 2024.

The options are settled in equity and vest over a period of 3 years. Vesting is conditional on continued employment from date of grant to date of exercise. The following table summarises the option activity during the period.




Opening
balance
Granted
during
period
Forfeited
during
period
Exercised
during
period

Closing
balance


Exercisable
Tranche 22952316464
Tranche 33131042261210
Tranche 41943416012
Tranche 511417311103241
Tranche 615010140
Tranche 7474747473086
Tranche 849346

The fair value of the employment service received is based on the value of the equity instrument granted. An entity shall measure the fair value of share options using an observable market price. However, if an observable market price is not available the fair value can be determined using an option pricing model. The Black-Scholes-Merton methodology was used because it estimates the value of options based on the limited observable market prices. The following assumptions were used in the Black-Scholes-Merton pricing model:

Tranche 2345678
Number of options
outstanding

64

261

160

1103

140

4747

46
Exercise price7.822.3914.8414.8413.9413.9413.94
Share price691031131798213182
Volatility70%70%70%70%70%70%70%
Annual risk free rate1.1%1.1%4%4%5.3%5.3%5.3%


The share based payment expense recognised in the profit and loss for the period is £99965 and the capital contribution by Anmut Ltd is recognised as £87055 under Other reserves. A deferred tax asset of £23758 is recognised based on the expected tax deduction when options are exercised.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Anmut Consulting Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Anmut Consulting Ltd for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Anmut Consulting Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Anmut Consulting Ltd and state those matters that we have agreed to state to the Board of Directors of Anmut Consulting Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Anmut Consulting Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Anmut Consulting Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Anmut Consulting Ltd. You consider that Anmut Consulting Ltd 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 financial statements of Anmut Consulting Ltd. 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 financial statements.






ATS Accounting & Tax Solutions Ltd
6 Corfield Close
Finchampstead
Wokingham
Berkshire
RG40 4PA


29 October 2024