RESTART CONSULTING LIMITED

Company Registration Number:
04758924 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

RESTART CONSULTING LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

RESTART CONSULTING LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 476,415 307,764
Tangible assets: 4 30,807 30,424
Investments:   0 0
Total fixed assets: 507,222 338,188
Current assets
Stocks: 0 0
Debtors:   1,048,519 861,987
Cash at bank and in hand: 1,857,917 1,290,399
Investments:   0 0
Total current assets: 2,906,436 2,152,386
Creditors: amounts falling due within one year:   (1,712,716) (1,290,022)
Net current assets (liabilities): 1,193,720 862,364
Total assets less current liabilities: 1,700,942 1,200,552
Creditors: amounts falling due after more than one year:   (46,667) (86,667)
Total net assets (liabilities): 1,654,275 1,113,885
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,654,175 1,113,785
Shareholders funds: 1,654,275 1,113,885

The notes form part of these financial statements

RESTART CONSULTING LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 November 2024
and signed on behalf of the board by:

Name: Michael Symers
Status: Director

The notes form part of these financial statements

RESTART CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts derived from the provision of services within the Company's ordinary activities, after deduction of trade discounts, Value Added Tax, & any other tax based on the amounts so derived.

Tangible fixed assets and depreciation policy

Depreciation is recognised so as to write off the cost of assets over their useful lives on the following basis Fixtures, fittings and equipment - 4 years straight line Computer Equpment - 2 years straight line The gain or loss on the disposal of an asset is determined as the difference between the sales proceeds and the carrying value of the assets, and is creited or charged to profit and loss in the year of disposal

Intangible fixed assets and amortisation policy

Expenditure on software development is capitalised as an intangible asset if it meets the criteria set out in FRS102 'Intangible Assets', requiring it to be probable that the expenditure will generate future economic benefits and can be measured reliably. Where a product is technically feasible, production and sales are intended, a market exists, and sufficient resources are available to complete the project, development costs (including only direct employee costs) are capitalised and subsequently amortised on a straight-line basis over the estimated useful life, reflecting the pattern of the expected future economic benefits. Where these conditions are not met, development expenditure is recognised as an expense in the period in which it is incurred. Intangible fixed assets are stated at historical cost less amortisation, which is provided on all intangible fixed assets, to write assets down to their estimated residual value over their estimated useful lives at the following annual rates: Development costs 5 years straight line Development expenditure is capitalised in accordance with the criteria of FRS102, and for this reason is not regarded as a realised loss. The Directors consider the value of the intangible assets to be far in excess of this capitalised cost and therefore no depreciation has been charged.

RESTART CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 41 39

RESTART CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Intangible Assets

Total
Cost £
At 01 July 2023 490,977
Additions 168,651
Disposals 0
Revaluations 0
At 30 June 2024 659,628
Amortisation
At 01 July 2023 183,213
Charge for year 0
At 30 June 2024 183,213
Net book value
At 30 June 2024 476,415
At 30 June 2023 307,764

RESTART CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible Assets

Total
Cost £
At 01 July 2023 134,815
Additions 27,287
Disposals 0
At 30 June 2024 162,102
Depreciation
At 01 July 2023 104,391
Charge for year 26,904
At 30 June 2024 131,295
Net book value
At 30 June 2024 30,807
At 30 June 2023 30,424