IRIS Accounts Production v24.3.0.553 08020409 director 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh080204092023-04-30080204092024-04-30080204092023-05-012024-04-30080204092022-04-30080204092022-05-012023-04-30080204092023-04-3008020409ns15:EnglandWales2023-05-012024-04-3008020409ns14:PoundSterling2023-05-012024-04-3008020409ns10:Director12023-05-012024-04-3008020409ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3008020409ns10:SmallEntities2023-05-012024-04-3008020409ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3008020409ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3008020409ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3008020409ns10:FullAccounts2023-05-012024-04-3008020409ns10:RegisteredOffice2023-05-012024-04-3008020409ns5:CurrentFinancialInstruments2024-04-3008020409ns5:CurrentFinancialInstruments2023-04-3008020409ns5:ShareCapital2024-04-3008020409ns5:ShareCapital2023-04-3008020409ns5:RetainedEarningsAccumulatedLosses2024-04-3008020409ns5:RetainedEarningsAccumulatedLosses2023-04-3008020409ns5:PlantMachinery2023-05-012024-04-3008020409ns5:PlantMachinery2023-04-3008020409ns5:PlantMachinery2024-04-3008020409ns5:PlantMachinery2023-04-3008020409ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3008020409ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3008020409ns5:RetainedEarningsAccumulatedLosses2023-04-3008020409ns5:RetainedEarningsAccumulatedLosses2023-05-012024-04-30
REGISTERED NUMBER: 08020409 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

For Business Sake Consulting Ltd

For Business Sake Consulting Ltd (Registered number: 08020409)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


For Business Sake Consulting Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: S J Bond





REGISTERED OFFICE: 7 Soundwell Road
Staple Hill
Bristol
BS16 4QG





REGISTERED NUMBER: 08020409 (England and Wales)





ACCOUNTANTS: Norton Accountancy Ltd
7 Soundwell Road
Staple Hill
Bristol
BS16 4QG

For Business Sake Consulting Ltd (Registered number: 08020409)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 59 119

CURRENT ASSETS
Debtors 5 30,727 20,031
Cash at bank 189,161 224,115
219,888 244,146
CREDITORS
Amounts falling due within one year 6 (1,284 ) (13,560 )
NET CURRENT ASSETS 218,604 230,586
TOTAL ASSETS LESS CURRENT
LIABILITIES

218,663

230,705

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 218,563 230,605
218,663 230,705

For Business Sake Consulting Ltd (Registered number: 08020409)

Balance Sheet - continued
30 April 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 2 December 2024 and were signed by:





S J Bond - Director


For Business Sake Consulting Ltd (Registered number: 08020409)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

For Business Sake Consulting Ltd 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 etc - 25% 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.

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 1 (2023 - 1 ) .

For Business Sake Consulting Ltd (Registered number: 08020409)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 May 2023
and 30 April 2024 1,389
DEPRECIATION
At 1 May 2023 1,270
Charge for year 60
At 30 April 2024 1,330
NET BOOK VALUE
At 30 April 2024 59
At 30 April 2023 119

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 16,818 7,784
VAT 10,083 7,372
Prepayments and accrued income 3,826 4,875
30,727 20,031

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 418 132
Tax (1,155 ) 11,787
Other creditors 655 -
Directors' current accounts 72 347
Accruals and deferred income 1,294 1,294
1,284 13,560

7. RESERVES
Retained
earnings
£   

At 1 May 2023 230,605
Deficit for the year (4,792 )
Dividends (7,250 )
At 30 April 2024 218,563

For Business Sake Consulting Ltd (Registered number: 08020409)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Sarah Bond
Director

At the year end the company owed the director £71 (2023 - £347).

9. LOSSES IN THE YEAR

The loss made in the year was due to the fact that most of the income earned by the Director was derived via her self-employment due to the stipulations of the UN contract she was involved in.

As part of her Directors salary was also run (£5,306) this forced the breakeven position into a loss.

The loss position is not ongoing and other consultancy work is likely to bring the company back to being profitable in the coming year.