GREG SEELEY CONSULTING LIMITED

Company Registration Number:
NI054600 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

GREG SEELEY CONSULTING LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

GREG SEELEY CONSULTING LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 2,250 4,500
Tangible assets: 4 49,359 2,781
Total fixed assets: 51,609 7,281
Current assets
Stocks: 3,120 9,570
Debtors:   47,380 20,689
Cash at bank and in hand: 167,007 224,227
Total current assets: 217,507 254,486
Creditors: amounts falling due within one year:   (92,448) (107,401)
Net current assets (liabilities): 125,059 147,085
Total assets less current liabilities: 176,668 154,366
Total net assets (liabilities): 176,668 154,366
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 176,666 154,364
Shareholders funds: 176,668 154,366

The notes form part of these financial statements

GREG SEELEY CONSULTING LIMITED

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 December 2024
and signed on behalf of the board by:

Name: Oonagh Seeley
Status: Director

The notes form part of these financial statements

GREG SEELEY CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation policy

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows: Fixtures, fittings & equipment 15% Straight Line Motor Vehicles 20% Straight Line The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Intangible fixed assets and amortisation policy

Goodwill Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Statement of Financial Position and amortised on a straight line basis over its economic useful life of 20 years, which is estimated to be the period during which benefits are expected to arise. On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.

Valuation and information policy

Work in progress is reflected in the accounts at the expected revenue due for work carried out during the period that has not yet been invoiced.

GREG SEELEY CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 1 3

GREG SEELEY CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Intangible Assets

Total
Cost £
At 01 May 2023 45,000
At 30 April 2024 45,000
Amortisation
At 01 May 2023 40,500
Charge for year 2,250
At 30 April 2024 42,750
Net book value
At 30 April 2024 2,250
At 30 April 2023 4,500

GREG SEELEY CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible Assets

Total
Cost £
At 01 May 2023 26,063
Additions 59,941
Disposals (23,053)
At 30 April 2024 62,951
Depreciation
At 01 May 2023 23,282
Charge for year 12,292
On disposals (21,982)
At 30 April 2024 13,592
Net book value
At 30 April 2024 49,359
At 30 April 2023 2,781