Company Registration No. 11849151 (England and Wales)
Well-Tailored Consulting Ltd
Filleted accounts
for the year ended 29 February 2024
Well-Tailored Consulting Ltd
Filleted accounts
Contents
Well-Tailored Consulting Ltd
Company Information
for the year ended 29 February 2024
Company Number
11849151 (England and Wales)
Registered Office
17 Garendon Way
Groby
Leicester
Leicestershire
LE6 0YR
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Well-Tailored Consulting Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
19,465
29,198
Cash at bank and in hand
100,382
66,719
Creditors: amounts falling due within one year
(29,289)
(25,691)
Net current assets
71,093
41,028
Total assets less current liabilities
90,558
70,226
Creditors: amounts falling due after more than one year
(17,959)
(24,007)
Called up share capital
2
2
Profit and loss account
72,597
46,217
Shareholders' funds
72,599
46,219
For the year ending 29 February 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 4 November 2024 and were signed on its behalf by
Vimal Tailor
Director
Company Registration No. 11849151
Well-Tailored Consulting Ltd
Notes to the Accounts
for the year ended 29 February 2024
Well-Tailored Consulting Ltd is a private company, limited by shares, registered in England and Wales, registration number 11849151. The registered office is 17 Garendon Way, Groby, Leicester, Leicestershire, LE6 0YR.
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.
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.
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.
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:
Motor vehicles
20% 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.
Well-Tailored Consulting Ltd
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Motor vehicles
At 29 February 2024
48,664
At 29 February 2024
29,199
At 29 February 2024
19,465
At 28 February 2023
29,198
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
21,925
18,237
6
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
1 A Ordinary shares of £1 each
1
1
1 B Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).