1 February 2023 v2024.54.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP099654672023-02-012024-01-31099654672024-01-31099654672023-01-3109965467core:WithinOneYear2024-01-3109965467core:WithinOneYear2023-01-3109965467core:ShareCapital2024-01-3109965467core:ShareCapital2023-01-3109965467core:RetainedEarningsAccumulatedLosses2024-01-3109965467core:RetainedEarningsAccumulatedLosses2023-01-3109965467bus:Director12023-02-012024-01-3109965467bus:RegisteredOffice2023-02-012024-01-3109965467core:OfficeEquipment2023-02-012024-01-31099654672022-02-012023-01-3109965467core:PlantMachinery2024-01-3109965467core:PlantMachinery2023-02-0109965467core:PlantMachinery2023-02-012024-01-3109965467core:PlantMachinery2023-01-310996546712023-02-012024-01-3109965467countries:EnglandWales2023-02-012024-01-3109965467bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3109965467bus:PrivateLimitedCompanyLtd2023-02-012024-01-3109965467bus:SmallEntities2023-02-012024-01-3109965467bus:FullAccounts2023-02-012024-01-31
Company registration number:
09965467
Price Wardell Consulting Limited
Unaudited Filleted Financial Statements for the year ended
31 January 2024
Price Wardell Consulting Limited
Statement of Financial Position
31 January 2024
20242023
Note££
Fixed assets    
Tangible assets 5
133
 
199
 
Current assets    
Debtors 6
105,211
 
25,211
 
Cash at bank and in hand
41
 
82,557
 
105,252
 
107,768
 
Creditors: amounts falling due within one year 7
(74,414
)
(80,585
)
Net current assets
30,838
 
27,183
 
Total assets less current liabilities 30,971   27,382  
Capital and reserves    
Called up share capital
10
 
5
 
Profit and loss account
30,961
 
27,377
 
Shareholders funds
30,971
 
27,382
 
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.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
31 October 2024
, and are signed on behalf of the board by:
Mrs. Lyndsey Price
Director
Company registration number:
09965467
Price Wardell Consulting Limited
Notes to the Financial Statements
Year ended
31 January 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
26 Colorado Close
,
Warrington
,
WA5 8WY
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets and liabilities and investment properties measured at fair value through profit or loss.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
20% straight line

4 Average number of employees

The average number of persons employed by the company during the year was
2
(2023:
1.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 February 2023
and
31 January 2024
333
 
Depreciation  
At
1 February 2023
134
 
Charge
66
 
At
31 January 2024
200
 
Carrying amount  
At
31 January 2024
133
 
At 31 January 2023
199
 

6 Debtors

20242023
££
Other debtors
105,211
 
25,211
 

7 Creditors: amounts falling due within one year

20242023
££
Bank loans and overdrafts
16,641
 
22,000
 
Taxation and social security
57,773
 
58,585
 
74,414
 
80,585
 

8 Director's advances, credit and guarantees

During the financial year Price Wardell Consulting Limited made an unsecured, interest-free loan to Lyndsey Price. The value of the loan at the reporting date was £90,000.00. The loan is payable on demand and in full.