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REGISTERED NUMBER: 07059044 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

PEDWALL CONSULTANCY LIMITED

PEDWALL CONSULTANCY LIMITED (Registered number: 07059044)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PEDWALL CONSULTANCY LIMITED

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Miss N Potts
S C Frewin





REGISTERED OFFICE: Unit D, South Cambridge Business Park
Babraham Road
Sawston
Cambridge
CB22 3JH





REGISTERED NUMBER: 07059044 (England and Wales)





ACCOUNTANTS: Tyrrell Accountants
Unit D
South Cambs Business Park
Sawston
Cambridge
Cambridgeshire
CB22 3JH

PEDWALL CONSULTANCY LIMITED (Registered number: 07059044)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,969 3,959

CURRENT ASSETS
Stocks 706,911 645,525
Debtors 5 5,365 1,578
Cash at bank 6,037 905
718,313 648,008
CREDITORS
Amounts falling due within one year 6 709,400 616,792
NET CURRENT ASSETS 8,913 31,216
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,882

35,175

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 11,878 35,171
SHAREHOLDERS' FUNDS 11,882 35,175

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 February 2025 and were signed on its behalf by:





S C Frewin - Director


PEDWALL CONSULTANCY LIMITED (Registered number: 07059044)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

PEDWALL CONSULTANCY LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

PEDWALL CONSULTANCY LIMITED (Registered number: 07059044)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 13,693
DEPRECIATION
At 1 June 2023 9,734
Charge for year 990
At 31 May 2024 10,724
NET BOOK VALUE
At 31 May 2024 2,969
At 31 May 2023 3,959

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 5,365 1,578

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security - (2,684 )
Other creditors 709,400 619,476
709,400 616,792

7. ULTIMATE CONTROLLING PARTY

The controlling party is Miss N Potts.