Company Registration No. 11753008 (England and Wales)
Seasoned Consultancy Limited
Unaudited accounts
for the year ended 31 January 2024
Seasoned Consultancy Limited
Unaudited accounts
Contents
Seasoned Consultancy Limited
Company Information
for the year ended 31 January 2024
Director
Richard O'Connell
Company Number
11753008 (England and Wales)
Registered Office
C/O WILLIAMS, STANLEY AND CO CLARENDON H
OXFORD
OX1 3HJ
Accountants
Williams Stanley and Co
Seasoned Consultancy Limited
Statement of financial position
as at 31 January 2024
Tangible assets
1,413
1,988
Cash at bank and in hand
53,937
32,023
Creditors: amounts falling due within one year
(31,247)
(37,158)
Net current assets
27,704
27,120
Total assets less current liabilities
29,287
29,278
Creditors: amounts falling due after more than one year
-
(7,873)
Called up share capital
1
1
Profit and loss account
29,286
21,404
Shareholders' funds
29,287
21,405
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 January 2025 and were signed on its behalf by
Richard O'Connell
Director
Company Registration No. 11753008
Seasoned Consultancy Limited
Notes to the Accounts
for the year ended 31 January 2024
Seasoned Consultancy Limited is a private company, limited by shares, registered in England and Wales, registration number 11753008. The registered office is C/O WILLIAMS, STANLEY AND CO CLARENDON H, OXFORD, OX1 3HJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Computer equipment
33.3% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Seasoned Consultancy Limited
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
3,449
3,000
1,144
7,593
At 31 January 2024
3,543
3,000
1,174
7,717
At 1 February 2023
3,360
1,188
1,057
5,605
Charge for the year
(26)
625
100
699
At 31 January 2024
3,334
1,813
1,157
6,304
At 31 January 2024
209
1,187
17
1,413
At 31 January 2023
89
1,812
87
1,988
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,307
-
Trade creditors
10,904
11,180
Taxes and social security
6,745
13,189
Loans from directors
-
6,380
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).