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Company Registration No. 06787188 (England and Wales)
SBT Consulting Limited Unaudited accounts for the year ended 31 January 2024
SBT Consulting Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,402 
1,870 
Investments
41,568 
42,485 
42,970 
44,355 
Current assets
Debtors
20 
328 
Cash at bank and in hand
141,507 
144,416 
141,527 
144,744 
Creditors: amounts falling due within one year
(44,596)
(45,352)
Net current assets
96,931 
99,392 
Total assets less current liabilities
139,901 
143,747 
Creditors: amounts falling due after more than one year
(16,277)
(19,917)
Provisions for liabilities
Deferred tax
(632)
(632)
Net assets
122,992 
123,198 
Capital and reserves
Called up share capital
20 
20 
Fair value reserve
2,635 
3,552 
Profit and loss account
120,337 
119,626 
Shareholders' funds
122,992 
123,198 
For the year ending 31 January 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 25 April 2024 and were signed on its behalf by
Mr Balraj Tirumal Raj Sunkari Director Company Registration No. 06787188
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SBT Consulting Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
SBT Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 06787188. The registered office is 20 Oakcroft, Slough, Berkshire, SL2 2FD.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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% on cost.
Turnover
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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SBT Consulting Limited Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 February 2023
5,895 
At 31 January 2024
5,895 
Depreciation
At 1 February 2023
4,025 
Charge for the year
468 
At 31 January 2024
4,493 
Net book value
At 31 January 2024
1,402 
At 31 January 2023
1,870 
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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