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REGISTERED NUMBER: 05434499 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

LTS CONSULTING LIMITED
TRADING AS
BROOKES STEPHENS

LTS CONSULTING LIMITED (REGISTERED NUMBER: 05434499)
TRADING AS BROOKES STEPHENS

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


LTS CONSULTING LIMITED
TRADING AS BROOKES STEPHENS

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: L T Stephens





REGISTERED OFFICE: New Media House
Davidson Road
Lichfield
Staffordshire
WS14 9DZ





REGISTERED NUMBER: 05434499 (England and Wales)





ACCOUNTANTS: Brookes Stephens
New Media House
Davidson Road
Lichfield
Staffordshire
WS14 9DZ

LTS CONSULTING LIMITED (REGISTERED NUMBER: 05434499)
TRADING AS BROOKES STEPHENS

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 2,007 3,053

Current assets
Debtors 5 70,261 67,559
Cash at bank and in hand 2,699 4,077
72,960 71,636
Creditors
Amounts falling due within one year 6 68,581 62,318
Net current assets 4,379 9,318
Total assets less current liabilities 6,386 12,371

Provisions for liabilities 381 580
Net assets 6,005 11,791

Capital and reserves
Called up share capital 9 100 100
Retained earnings 5,905 11,691
Shareholders' funds 6,005 11,791

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 his 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.

LTS CONSULTING LIMITED (REGISTERED NUMBER: 05434499)
TRADING AS BROOKES STEPHENS

BALANCE SHEET - continued
30 APRIL 2024


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 26 January 2025 and were signed by:





L T Stephens - Director


LTS CONSULTING LIMITED (REGISTERED NUMBER: 05434499)
TRADING AS BROOKES STEPHENS

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Lts 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced goods and services, excluding value added tax.

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 cost

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.

LTS CONSULTING LIMITED (REGISTERED NUMBER: 05434499)
TRADING AS BROOKES STEPHENS

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 May 2023 29,237
Additions 1,150
Disposals (399 )
At 30 April 2024 29,988
DEPRECIATION
At 1 May 2023 26,184
Charge for year 2,196
Eliminated on disposal (399 )
At 30 April 2024 27,981
NET BOOK VALUE
At 30 April 2024 2,007
At 30 April 2023 3,053

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 51,232 58,629
Other debtors 19,029 8,930
70,261 67,559

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 13,215 9,402
Taxation and social security 54,566 51,233
Other creditors 800 1,683
68,581 62,318

LTS CONSULTING LIMITED (REGISTERED NUMBER: 05434499)
TRADING AS BROOKES STEPHENS

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year - 7,856

8. SECURED DEBTS

Mr L Stephens has provided a personal guarantee of £30,000 as security against the company's overdraft.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
L T Stephens
Balance outstanding at start of year - -
Amounts advanced 9,768 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,768 -

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £37,960 (2023 - £43,858) were paid to the director .

At the year end, the director owed the company £9,768 (2023: the company owed the director £238). This loan is interest free and repayable on demand.