0 false false false false false false false false false false true false false false false false false No description of principal activity 2022-11-01 Sage Accounts Production Advanced 2023 - FRS102_2023 3,541 3,541 xbrli:pure xbrli:shares iso4217:GBP 05971682 2022-11-01 2024-04-30 05971682 2024-04-30 05971682 2022-10-31 05971682 2021-11-01 2022-10-31 05971682 2022-10-31 05971682 2021-10-31 05971682 bus:Director1 2022-11-01 2024-04-30 05971682 core:WithinOneYear 2024-04-30 05971682 core:WithinOneYear 2022-10-31 05971682 core:ShareCapital 2024-04-30 05971682 core:ShareCapital 2022-10-31 05971682 core:RetainedEarningsAccumulatedLosses 2024-04-30 05971682 core:RetainedEarningsAccumulatedLosses 2022-10-31 05971682 bus:Director1 2022-10-31 05971682 bus:Director1 2024-04-30 05971682 bus:Director1 2021-10-31 05971682 bus:Director1 2022-10-31 05971682 bus:Director1 2021-11-01 2022-10-31 05971682 bus:SmallEntities 2022-11-01 2024-04-30 05971682 bus:AuditExemptWithAccountantsReport 2022-11-01 2024-04-30 05971682 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2024-04-30 05971682 bus:PrivateLimitedCompanyLtd 2022-11-01 2024-04-30 05971682 bus:FullAccounts 2022-11-01 2024-04-30 05971682 core:OfficeEquipment 2022-11-01 2024-04-30 05971682 core:OfficeEquipment 2024-04-30
COMPANY REGISTRATION NUMBER: 05971682
Simon Sweetinburgh Consulting Ltd
Filleted Unaudited Financial Statements
30 April 2024
Simon Sweetinburgh Consulting Ltd
Statement of Financial Position
30 April 2024
30 Apr 24
31 Oct 22
Note
£
£
Current assets
Debtors
5
2,999
13,851
Cash at bank and in hand
16
16
-------
--------
3,015
13,867
Creditors: amounts falling due within one year
6
300
685
-------
--------
Net current assets
2,715
13,182
-------
--------
Total assets less current liabilities
2,715
13,182
-------
--------
Net assets
2,715
13,182
-------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
2,615
13,082
-------
--------
Shareholders funds
2,715
13,182
-------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 23 January 2025 , and are signed on behalf of the board by:
Mr S D Sweetinburgh
Director
Company registration number: 05971682
Simon Sweetinburgh Consulting Ltd
Notes to the Financial Statements
Period from 1 November 2022 to 30 April 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Oakley House, Tetbury Road, Cirencester, Gloucestershire, GL7 1US.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
33% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Tangible assets
Equipment
£
Cost
At 1 November 2022 and 30 April 2024
3,541
-------
Depreciation
At 1 November 2022 and 30 April 2024
3,541
-------
Carrying amount
At 30 April 2024
-------
At 31 October 2022
-------
5. Debtors
30 Apr 24
31 Oct 22
£
£
Other debtors
2,999
13,851
-------
--------
6. Creditors: amounts falling due within one year
30 Apr 24
31 Oct 22
£
£
Trade creditors
120
Other creditors
300
565
----
----
300
685
----
----
7. Director's advances, credits and guarantees
During the period the director entered into the following advances and credits with the company:
30 Apr 24
Balance brought forward
Amounts repaid
Balance outstanding
£
£
£
Mr S D Sweetinburgh
13,851
( 10,852)
2,999
--------
--------
-------
31 Oct 22
Balance brought forward
Amounts repaid
Balance outstanding
£
£
£
Mr S D Sweetinburgh
14,479
( 628)
13,851
--------
----
--------
The directors loan account was repaid within 9 months.