IRIS Accounts Production v24.3.0.553 06573610 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:kWh065736102023-03-31065736102024-03-31065736102023-04-012024-03-31065736102022-03-31065736102022-04-012023-03-31065736102023-03-3106573610ns15:EnglandWales2023-04-012024-03-3106573610ns14:PoundSterling2023-04-012024-03-3106573610ns10:Director12023-04-012024-03-3106573610ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106573610ns10:SmallEntities2023-04-012024-03-3106573610ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3106573610ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106573610ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106573610ns10:FullAccounts2023-04-012024-03-3106573610ns10:Director22023-04-012024-03-3106573610ns10:Director32023-04-012024-03-3106573610ns10:Director42023-04-012024-03-3106573610ns10:CompanySecretary12023-04-012024-03-3106573610ns10:RegisteredOffice2023-04-012024-03-3106573610ns5:CurrentFinancialInstruments2024-03-3106573610ns5:CurrentFinancialInstruments2023-03-3106573610ns5:ShareCapital2024-03-3106573610ns5:ShareCapital2023-03-3106573610ns5:RetainedEarningsAccumulatedLosses2024-03-3106573610ns5:RetainedEarningsAccumulatedLosses2023-03-3106573610ns5:PlantMachinery2023-04-012024-03-3106573610ns5:FurnitureFittings2023-04-012024-03-3106573610ns5:MotorVehicles2023-04-012024-03-3106573610ns5:PlantMachinery2023-03-3106573610ns5:FurnitureFittings2023-03-3106573610ns5:MotorVehicles2023-03-3106573610ns5:PlantMachinery2024-03-3106573610ns5:FurnitureFittings2024-03-3106573610ns5:MotorVehicles2024-03-3106573610ns5:PlantMachinery2023-03-3106573610ns5:FurnitureFittings2023-03-3106573610ns5:MotorVehicles2023-03-3106573610ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3106573610ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 06573610 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Connected Consulting Limited

Connected Consulting Limited (Registered number: 06573610)






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




Page

Company Information 1

Report of the Directors 2

Balance Sheet 5

Notes to the Financial Statements 6

Report of the Accountants 8

Connected Consulting Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: D L C Judge
M A Rohan
S G Kemp
W D Priestley





SECRETARY:





REGISTERED OFFICE: Unit 14, The Old Steamhouse
Goblands Farm Business centre
Cemetery Lane, Hadlow
Tonbridge
Kent
TN11 0LT





REGISTERED NUMBER: 06573610 (England and Wales)





ACCOUNTANTS: AJH Accountancy Ltd
17 The Weavers
Allington
Maidstone
Kent
ME16 0NZ

Connected Consulting Limited (Registered number: 06573610)

Report of the Directors
for the Year Ended 31 March 2024

The directors present their report with the financial statements of the company for the year ended 31 March 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2023 to the date of this report.

D L C Judge
M A Rohan
S G Kemp
W D Priestley

POLITICAL & CHARITABLE DONATIONS AND EXPENDITURE
During the financial year the company made no political donations and only charitable donations of £1,200 to The Hospice in the Weald, £2,061 to Save the Children and £2,001to the Movember foundation.


Connected Consulting Limited (Registered number: 06573610)

Report of the Directors
for the Year Ended 31 March 2024

GREENHOUSE GASES EMISSION REPORT
Unit Quantity of Units KgCO2e/unit tCO2e
Scope 1
Business Travel Fuel (Petrol) Miles 1750 0.2266 0.39655
Business Travel Fuel (Diesel) Miles 752 0.26902 0.20230
Scope 2
Purchased Electricity Kwh 5007.86 0.207074 1.037
T&D Kwh 5007.86 0.01792 0.08974
Business Travel (Electric PE and TD)* Miles 546 0.224994 0.12285
Scope 3
Business Travel (Train) Miles 1499.90488 0.035463 0.05319
Purchased Goods and Services £ 136669 Various 11.70928
Employee Commuting (PE+TD)* Kwh 4388.73** 0.224994 0.98744
Employee Homeworking Hours 3268 0.33378 1.09079
Accommodation Nights 3 10.4 0.03120
Total Emissions 15.72034

Intensity Ratio per FTE FTE 5.25 2.99435

* PE - Purchased Electricity, TD - Transmission and Distribution Losses
**11648 miles is equivalent to 4,388.73 Kwh

Methodology and Notes
Our reporting period for greenhouse gas (GHG) emissions is 1 April 2023 to 31 March 2024 (Financial Year 2023-24).

GHG emissions, methodology and calculations are in alignment with the GHG Protocol corporate reporting standard. We have chosen an operational control approach due to the nature of the business.

Scope 1 emissions were calculated using actual business miles travelled in diesel and petrol vehicles, utilising expense reports.

Scope 2 business travel emissions were calculated from actual electric vehicle miles using expense reports for business trips. Purchased electricity for the running of the office was calculated using bill data.
.
Scope 3 emissions were calculated by counting individuals' commutes, homeworking hours, actual travel and nights away from home.

For other Purchased Goods and Services, we have used spend-based data as many of our suppliers who are themselves small businesses and are unable to supply detailed information.

The source data for spend-based emission calculations is the UK Government's 2021 Conversion Factors by SIC Code.

This data was designed for individuals paying VAT. We have therefore reduced each multiplier by 1/6.

We have then adjusted figures for inflation to our financial year.

To reflect actual staffing levels during the reporting period we have used a figure of 5.25 Full Time Employees (FTE).

During this financial year we also gifted 21 trees to candidates starting new assignments through Connected.


Connected Consulting Limited (Registered number: 06573610)

Report of the Directors
for the Year Ended 31 March 2024

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





S G Kemp - Director


11 October 2024

Connected Consulting Limited (Registered number: 06573610)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 90,959 115,649

CURRENT ASSETS
Debtors 5 226,041 466,219
Prepayments and accrued income 10,169 10,343
Cash at bank 249,162 110,799
485,372 587,361
CREDITORS
Amounts falling due within one year 6 246,917 303,282
NET CURRENT ASSETS 238,455 284,079
TOTAL ASSETS LESS CURRENT
LIABILITIES

329,414

399,728

CAPITAL AND RESERVES
Called up share capital 16,273 16,273
Retained earnings 313,141 383,455
SHAREHOLDERS' FUNDS 329,414 399,728

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.

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 11 October 2024 and were signed on its behalf by:





S G Kemp - Director


Connected Consulting Limited (Registered number: 06573610)

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

1. STATUTORY INFORMATION

Connected 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.

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.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on reducing balance

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 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 3 (2023 - 4 ) .

Connected Consulting Limited (Registered number: 06573610)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2023 37,733 2,540 133,822 174,095
Disposals (31,398 ) - - (31,398 )
At 31 March 2024 6,335 2,540 133,822 142,697
DEPRECIATION
At 1 April 2023 31,849 2,032 24,565 58,446
Charge for year 1,660 508 21,205 23,373
Eliminated on disposal (30,081 ) - - (30,081 )
At 31 March 2024 3,428 2,540 45,770 51,738
NET BOOK VALUE
At 31 March 2024 2,907 - 88,052 90,959
At 31 March 2023 5,884 508 109,257 115,649

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 222,141 462,319
Other debtors 3,900 3,900
226,041 466,219

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 140,826 181,968
Taxation and social security 90,481 95,520
Other creditors 15,610 25,794
246,917 303,282

7. SHARE-BASED PAYMENT TRANSACTIONS

On 11th March 2019 an EMI option agreement was entered into with one employee which was granted on 22nd March 2019 for 5,404 Ordinary B £0.01pence shares at an agreed HMRC Unrestricted Market Value of £2.70 per share / Actual Market Value of £1.89 per share . The shares have been vested over a 3 year period ending 28th February 2022. The share option will exercise after an Exit event at an exercise price of £1.89 per share. As at the 31st March 2024 5,404 Ordinary B shares had been vested and no liability occurs to the company.

Connected Consulting Limited

Report of the Accountants to the Directors of
Connected Consulting Limited

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.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages one to three and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AJH Accountancy Ltd
17 The Weavers
Allington
Maidstone
Kent
ME16 0NZ


11 October 2024