Company registration number:
09523187
Soprano Consulting Limited
Unaudited filleted financial statements
30 April 2024
Soprano Consulting Limited
Contents
Statement of financial position
Notes to the financial statements
Soprano Consulting Limited
Statement of financial position
30 April 2024
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2024 |
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2023 |
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Note |
£ |
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£ |
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£ |
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£ |
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Current assets |
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Debtors |
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5 |
- |
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5,507 |
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_______ |
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_______ |
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- |
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5,507 |
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Creditors: amounts falling due |
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within one year |
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6 |
- |
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(
4,480) |
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_______ |
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_______ |
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Net current (liabilities)/assets |
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- |
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1,027 |
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_______ |
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_______ |
Total assets less current liabilities |
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- |
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1,027 |
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_______ |
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_______ |
Net assets |
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- |
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1,027 |
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_______ |
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_______ |
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Capital and reserves |
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Called up share capital |
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7 |
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1,000 |
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1,000 |
Profit and loss account |
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(
1,000) |
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27 |
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_______ |
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_______ |
Shareholders funds |
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- |
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1,027 |
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_______ |
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_______ |
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For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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 comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
22 January 2025
, and are signed on behalf of the board by:
Mr Stuart Dyer
Director
Company registration number:
09523187
Soprano Consulting Limited
Notes to the financial statements
Year ended 30 April 2024
1.
General information
Soprano Consulting Limited (Company number
09523187
) is a private company limited by shares, registered in England & Wales. The address of the registered office is 7 Bell Yard, London, WC2A 2JR.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax.
When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.
When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
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:
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Fittings fixtures and equipment |
- |
33 % |
straight line |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
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.
Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.
3.
Employee numbers
The average number of persons employed by the company, including directors, during the year amounted to 2 (2023: 2).
4.
Tangible assets
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Fixtures, fittings and equipment |
Total |
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£ |
£ |
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Cost |
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At 1 May 2023 and 30 April 2024 |
3,788 |
3,788 |
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_______ |
_______ |
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Depreciation |
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At 1 May 2023 and 30 April 2024 |
3,788 |
3,788 |
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_______ |
_______ |
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Carrying amount |
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At 30 April 2024 |
- |
- |
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_______ |
_______ |
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At 30 April 2023 |
- |
- |
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_______ |
_______ |
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5.
Debtors
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2024 |
2023 |
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£ |
£ |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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- |
35 |
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Other debtors |
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- |
5,472 |
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_______ |
_______ |
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- |
5,507 |
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_______ |
_______ |
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6.
Creditors: amounts falling due within one year
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2024 |
2023 |
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£ |
£ |
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Bank loans and overdrafts |
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- |
61 |
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Other creditors |
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- |
4,419 |
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_______ |
_______ |
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- |
4,480 |
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_______ |
_______ |
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7.
Called up share capital
Issued, called up and fully paid
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2024 |
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2023 |
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No |
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£ |
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No |
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£ |
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Ordinary shares shares of £
1.00 each |
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1,000 |
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1,000 |
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1,000 |
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1,000 |
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_______ |
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_______ |
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_______ |
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_______ |
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8.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company: |
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2024 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Mr Alexander James Dyer |
5,472 |
- |
(
5,472) |
- |
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_______ |
_______ |
_______ |
_______ |
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2023 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Mr Alexander James Dyer |
18,555 |
17,685 |
(
30,768) |
5,472 |
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_______ |
_______ |
_______ |
_______ |
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