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
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
Simon Price Consulting Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
27,243
34,495
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)
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
Simon Price Consulting Ltd
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
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:
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
At 31 May 2024
51,365
9,982
61,347
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
At 31 May 2024
21,670
5,573
27,243
At 31 May 2023
28,893
5,602
34,495
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
Taxes and social security
2,138
-
Loans from directors
1,279
3,295
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).