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Company Registration No. 11345509 (England and Wales)
Simon Price Consulting Ltd Unaudited accounts for the year ended 31 May 2024
Simon Price Consulting Ltd Unaudited accounts Contents
Page
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Simon Price Consulting Ltd Company Information for the year ended 31 May 2024
Directors
Simon Price Wendy Price
Company Number
11345509 (England and Wales)
Registered Office
9 Mill Furlong Rugby Warwks CV23 0GF
Accountants
Winkle and Co Accountants 61 Albert Street Rugby CV21 2SN
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Simon Price Consulting Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
27,243 
34,495 
Current assets
Cash at bank and in hand
677 
1 
Creditors: amounts falling due within one year
(34,198)
(42,594)
Net current liabilities
(33,521)
(42,593)
Net liabilities
(6,278)
(8,098)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(6,280)
(8,100)
Shareholders' funds
(6,278)
(8,098)
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 21 February 2025 and were signed on its behalf by
Simon Price Director Company Registration No. 11345509
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Simon Price Consulting Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Simon Price Consulting Ltd is a private company, limited by shares, registered in England and Wales, registration number 11345509. The registered office is 9 Mill Furlong, Rugby, Warwks, CV23 0GF.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following reducing balance rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25%
Computer equipment
15%
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
51,365 
9,028 
60,393 
Additions
- 
954 
954 
At 31 May 2024
51,365 
9,982 
61,347 
Depreciation
At 1 June 2023
22,472 
3,426 
25,898 
Charge for the year
7,223 
983 
8,206 
At 31 May 2024
29,695 
4,409 
34,104 
Net book value
At 31 May 2024
21,670 
5,573 
27,243 
At 31 May 2023
28,893 
5,602 
34,495 
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Simon Price Consulting Ltd Notes to the Accounts for the year ended 31 May 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,000 
4,500 
Obligations under finance leases and hire purchase contracts
26,791 
33,809 
Trade creditors
990 
990 
Taxes and social security
2,138 
- 
Loans from directors
1,279 
3,295 
34,198 
42,594 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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