Registered number
08402048
IS Austin Consultancy Ltd
Report and Accounts
29 February 2024
IS Austin Consultancy Ltd
Registered number: 08402048
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 23,164 983
Cash at bank and in hand 18,535 8,841
41,699 9,824
Creditors: amounts falling due within one year 4 (26,730) (9,330)
Net current assets 14,969 494
Net assets 14,969 494
Capital and reserves
Called up share capital 1 1
Profit and loss account 14,968 493
Shareholder's funds 14,969 494
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
……………………………………………
Ian Austin
Director
Approved by the board on 11 November 2024
IS Austin Consultancy Ltd
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Debtors 2024 2023
£ £
Directors account 18,328 -
Other debtors 4,836 983
23,164 983
4 Creditors: amounts falling due within one year 2024 2023
£ £
Corporation tax 22,656 3,786
Other taxes and social security costs 3,299 4,557
Director's account - 337
Other creditors 775 650
26,730 9,330
5 Other information
IS Austin Consultancy Ltd is a private company limited by shares and incorporated in England. Its registered office is:
50 Chester Road
Stevenage
SG1 4LE
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