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Company Registration No. 14088500 (England and Wales)
Audiology Consultancy Ltd Unaudited accounts for the year ended 31 May 2024
Audiology Consultancy Ltd Unaudited accounts Contents
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Audiology Consultancy Ltd Company Information for the year ended 31 May 2024
Directors
Mr P V Jones Mrs A Jones
Company Number
14088500 (England and Wales)
Registered Office
40 Beech Drive Kidsgrove Stoke on Trent ST7 1BA
Accountants
Thursfields Accountancy Limited Business Lodge, Trent House 234 Victoria Road Stoke-on-Trent Staffordshire ST4 2LW
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Audiology Consultancy Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,892 
1,284 
Current assets
Debtors
3,400 
205 
Cash at bank and in hand
18,809 
19,533 
22,209 
19,738 
Creditors: amounts falling due within one year
(6,058)
(8,161)
Net current assets
16,151 
11,577 
Total assets less current liabilities
18,043 
12,861 
Provisions for liabilities
Deferred tax
(359)
(244)
Net assets
17,684 
12,617 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
17,584 
12,517 
Shareholders' funds
17,684 
12,617 
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 6 February 2025 and were signed on its behalf by
Mr P V Jones Director Company Registration No. 14088500
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Audiology Consultancy Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Audiology Consultancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 14088500. The registered office is 40 Beech Drive, Kidsgrove, Stoke on Trent, ST7 1BA.
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.
Turnover
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:
Computer equipment
33% Straight Line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Audiology Consultancy Ltd Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 June 2023
1,297 
Additions
1,248 
At 31 May 2024
2,545 
Depreciation
At 1 June 2023
13 
Charge for the year
640 
At 31 May 2024
653 
Net book value
At 31 May 2024
1,892 
At 31 May 2023
1,284 
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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