IRIS Accounts Production v24.2.0.383 06782270 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh067822702023-01-31067822702024-01-31067822702023-02-012024-01-31067822702022-01-31067822702022-02-012023-01-31067822702023-01-3106782270ns15:EnglandWales2023-02-012024-01-3106782270ns14:PoundSterling2023-02-012024-01-3106782270ns10:Director12023-02-012024-01-3106782270ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3106782270ns10:SmallEntities2023-02-012024-01-3106782270ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3106782270ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3106782270ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3106782270ns10:FullAccounts2023-02-012024-01-310678227012023-02-012024-01-3106782270ns10:Director22023-02-012024-01-3106782270ns10:Director32023-02-012024-01-3106782270ns10:RegisteredOffice2023-02-012024-01-3106782270ns5:CurrentFinancialInstruments2024-01-3106782270ns5:CurrentFinancialInstruments2023-01-3106782270ns5:Non-currentFinancialInstruments2024-01-3106782270ns5:Non-currentFinancialInstruments2023-01-3106782270ns5:ShareCapital2024-01-3106782270ns5:ShareCapital2023-01-3106782270ns5:SharePremium2024-01-3106782270ns5:SharePremium2023-01-3106782270ns5:RetainedEarningsAccumulatedLosses2024-01-3106782270ns5:RetainedEarningsAccumulatedLosses2023-01-3106782270ns5:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3106782270ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-02-012024-01-3106782270ns5:LongLeaseholdAssetsns5:LandBuildings2023-02-012024-01-3106782270ns5:FurnitureFittings2023-02-012024-01-3106782270ns5:ComputerEquipment2023-02-012024-01-3106782270ns5:IntangibleAssetsOtherThanGoodwill2023-01-3106782270ns5:IntangibleAssetsOtherThanGoodwill2024-01-3106782270ns5:IntangibleAssetsOtherThanGoodwill2023-01-3106782270ns5:LandBuildings2023-01-3106782270ns5:PlantMachinery2023-01-3106782270ns5:LandBuildings2023-02-012024-01-3106782270ns5:PlantMachinery2023-02-012024-01-3106782270ns5:LandBuildings2024-01-3106782270ns5:PlantMachinery2024-01-3106782270ns5:LandBuildings2023-01-3106782270ns5:PlantMachinery2023-01-3106782270ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3106782270ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3106782270ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-01-3106782270ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-01-3106782270ns5:WithinOneYear2024-01-3106782270ns5:WithinOneYear2023-01-3106782270ns5:BetweenOneFiveYears2024-01-3106782270ns5:BetweenOneFiveYears2023-01-3106782270ns5:MoreThanFiveYears2024-01-3106782270ns5:MoreThanFiveYears2023-01-3106782270ns5:AllPeriods2024-01-3106782270ns5:AllPeriods2023-01-31
REGISTERED NUMBER: 06782270 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2024

FOR

CLEVERTOUCH CONSULTING LIMITED

CLEVERTOUCH CONSULTING LIMITED (REGISTERED NUMBER: 06782270)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CLEVERTOUCH CONSULTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JANUARY 2024







DIRECTORS: N A Burrell
S Sharp
A J Sharp





REGISTERED OFFICE: The Workshop The Dene
Ropley Dean
Ropley
Hampshire
SO24 0BH





REGISTERED NUMBER: 06782270 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

CLEVERTOUCH CONSULTING LIMITED (REGISTERED NUMBER: 06782270)

BALANCE SHEET
31ST JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 321,591 191,220
Tangible assets 5 495,327 648,505
816,918 839,725

CURRENT ASSETS
Debtors 6 2,573,030 2,910,781
Cash at bank and in hand 133,643 155,131
2,706,673 3,065,912
CREDITORS
Amounts falling due within one year 7 2,482,125 1,898,021
NET CURRENT ASSETS 224,548 1,167,891
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,041,466

2,007,616

CREDITORS
Amounts falling due after more than one
year

8

289,409

110,259
NET ASSETS 752,057 1,897,357

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Share premium 23,000 23,000
Retained earnings 719,057 1,864,357
SHAREHOLDERS' FUNDS 752,057 1,897,357

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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.

CLEVERTOUCH CONSULTING LIMITED (REGISTERED NUMBER: 06782270)

BALANCE SHEET - continued
31ST JANUARY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th October 2024 and were signed on its behalf by:





A J Sharp - Director


CLEVERTOUCH CONSULTING LIMITED (REGISTERED NUMBER: 06782270)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024


1. STATUTORY INFORMATION

Clevertouch Consulting Limited 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the value of services provided under contracts to the extent that there is a right to consideration.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that will be probable to recover.

Where a contract has only been partially completed at the balance sheet date, turnover represents the value of services provided to date based on a proportion of the total expected consideration at completion. Where payments are received in advance from customers, the amounts are recorded as deferred income and included as part of the creditors due within one year.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 10% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


CLEVERTOUCH CONSULTING LIMITED (REGISTERED NUMBER: 06782270)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2024


2. ACCOUNTING POLICIES - continued
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 operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 73 (2023 - 81 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st February 2023 216,351
Additions 209,655
At 31st January 2024 426,006
AMORTISATION
At 1st February 2023 25,131
Charge for year 79,284
At 31st January 2024 104,415
NET BOOK VALUE
At 31st January 2024 321,591
At 31st January 2023 191,220

CLEVERTOUCH CONSULTING LIMITED (REGISTERED NUMBER: 06782270)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2024


5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st February 2023 1,245,933 136,127 1,382,060
Additions - 15,047 15,047
At 31st January 2024 1,245,933 151,174 1,397,107
DEPRECIATION
At 1st February 2023 685,264 48,291 733,555
Charge for year 124,596 43,629 168,225
At 31st January 2024 809,860 91,920 901,780
NET BOOK VALUE
At 31st January 2024 436,073 59,254 495,327
At 31st January 2023 560,669 87,836 648,505

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,068,717 932,650
Amounts owed by group undertakings - 482,273
Other debtors 1,814 672
Directors' current accounts 1,121,903 976,173
Tax 230,082 373,321
Prepayments and accrued income 150,514 145,692
2,573,030 2,910,781

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 377,579 -
Other loans 148,081 61,886
Trade creditors 163,196 123,607
Tax - 164,473
Social security and other taxes 225,634 99,681
Pension payable 40,572 -
VAT 181,439 113,203
Other creditors 63,527 90,472
Directors' current accounts 986 -
Accruals and deferred income 1,281,111 1,244,699
2,482,125 1,898,021

CLEVERTOUCH CONSULTING LIMITED (REGISTERED NUMBER: 06782270)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other loans - 1-2 years 289,409 110,259

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 143,728 143,728
Between one and five years 458,561 641,716
In more than five years - 189,600
602,289 975,044

10. SECURED DEBTS

There are fixed and floating charges held against the assets of the business for the loans held at the year end.

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company gave advances to Directors in the year totalling £456,043 (2023 - £976,173), repayments have been made resulting in a closing year end balance of £1,120,917 (2023 - £976,173).

12. EXCEPTIONAL ITEMS

In the current year, an intercompany loan totalling £482,273 has been written off. The loan arose in the previous financial year as a consequence of a transfer of shares in The Commsco Limited to a connected company with the consideration outstanding at that time. This loan write-off has reduced the company's reserves but does not relate to trading activity and has no impact on the trading performance of the company in the year.