Company Registration No. 03041440 (England and Wales)
Cambridge Policy Consultants Limited
Unaudited accounts
for the year ended 31 March 2024
Cambridge Policy Consultants Limited
Unaudited accounts
Contents
Cambridge Policy Consultants Limited
Company Information
for the year ended 31 March 2024
Company Number
03041440 (England and Wales)
Registered Office
Newton Hall
Town Street, Newton
Cambridgeshire
CB22 7ZE
Accountants
Coles Accounting (Cambridge) Limited
Newton Hall
Town Street, Newton
Cambridge
Cambridgeshire
CB22 7ZE
Cambridge Policy Consultants Limited
Statement of financial position
as at 31 March 2024
Tangible assets
2,240
5,090
Cash at bank and in hand
2,997
30,037
Creditors: amounts falling due within one year
(12,488)
(47,168)
Net current assets
33,493
52,138
Total assets less current liabilities
35,733
57,228
Provisions for liabilities
Called up share capital
500
500
Capital redemption reserve
2,005
2,005
Profit and loss account
32,801
53,755
Shareholders' funds
35,306
56,260
For the year ending 31 March 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.
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 November 2024 and were signed on its behalf by
Andrew Hirst
Director
Company Registration No. 03041440
Cambridge Policy Consultants Limited
Notes to the Accounts
for the year ended 31 March 2024
Cambridge Policy Consultants Limited is a private company, limited by shares, registered in England and Wales, registration number 03041440. The registered office is Newton Hall, Town Street, Newton, Cambridgeshire, CB22 7ZE.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The turnover shown in the profit and loss account represents work done during the year, exclusive of Value Added Tax.
When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.
When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.
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:
Fixtures & fittings
25 - 50% straight line
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Cambridge Policy Consultants Limited
Notes to the Accounts
for the year ended 31 March 2024
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Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
42,960
69,245
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,000
1,306
Taxes and social security
2,605
9,358
Other creditors
4,213
17,452
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Average number of employees
During the year the average number of employees was 3 (2023: 3).