Eleni Rothwell Consultancy Limited 07662029 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is Management consultancy activities other than financial management Digita Accounts Production Advanced 6.30.9574.0 true true 07662029 2023-07-01 2024-06-30 07662029 2024-06-30 07662029 bus:OrdinaryShareClass1 2024-06-30 07662029 core:CurrentFinancialInstruments 2024-06-30 07662029 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 07662029 core:OfficeEquipment 2024-06-30 07662029 bus:SmallEntities 2023-07-01 2024-06-30 07662029 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 07662029 bus:FilletedAccounts 2023-07-01 2024-06-30 07662029 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 07662029 bus:RegisteredOffice 2023-07-01 2024-06-30 07662029 bus:Director1 2023-07-01 2024-06-30 07662029 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 07662029 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 07662029 core:OfficeEquipment 2023-07-01 2024-06-30 07662029 countries:EnglandWales 2023-07-01 2024-06-30 07662029 2023-06-30 07662029 core:OfficeEquipment 2023-06-30 07662029 2022-07-01 2023-06-30 07662029 2023-06-30 07662029 bus:OrdinaryShareClass1 2023-06-30 07662029 core:CurrentFinancialInstruments 2023-06-30 07662029 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 07662029 core:OfficeEquipment 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07662029

Eleni Rothwell Consultancy Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

 

Eleni Rothwell Consultancy Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

Eleni Rothwell Consultancy Limited

(Registration number: 07662029)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

534

406

Investment property

5

150,000

150,000

 

150,534

150,406

Current assets

 

Debtors

6

1,004

65,843

Cash at bank and in hand

 

213,967

103,259

 

214,971

169,102

Creditors: Amounts falling due within one year

7

(65,925)

(59,329)

Net current assets

 

149,046

109,773

Total assets less current liabilities

 

299,580

260,179

Provisions for liabilities

(7,862)

(7,862)

Net assets

 

291,718

252,317

Capital and reserves

 

Called up share capital

8

100

100

Revaluation reserve

33,517

33,517

Retained earnings

258,101

218,700

Shareholders' funds

 

291,718

252,317

 

Eleni Rothwell Consultancy Limited

(Registration number: 07662029)
Balance Sheet as at 30 June 2024 (continued)

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 March 2025
 

.........................................
Ms E Psarompa-Rothwell
Director

 

Eleni Rothwell Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Blue Boy Barn
High Street
Hawkesbury Upton
South Glos
GL9 1AU
United Kingdom

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

 

Eleni Rothwell Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024 (continued)

2

Accounting policies (continued)

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

33% Reducing Balance

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

 

Eleni Rothwell Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024 (continued)

2

Accounting policies (continued)

Financial instruments

Classification
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

 

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Eleni Rothwell Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024 (continued)

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 July 2023

1,657

1,657

Additions

359

359

At 30 June 2024

2,016

2,016

Depreciation

At 1 July 2023

1,251

1,251

Charge for the year

231

231

At 30 June 2024

1,482

1,482

Carrying amount

At 30 June 2024

534

534

At 30 June 2023

406

406

5

Investment properties

2024
£

At 1 July

150,000

At 30 June

150,000

The director is satisfied that the value of the Investment Property of £150,000 represents the fair value of the property at the balance sheet date.

6

Debtors

Current

2024
£

2023
£

Trade debtors

-

55,236

Prepayments

1,004

10,604

Other debtors

-

3

 

1,004

65,843

 

Eleni Rothwell Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024 (continued)

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

10,258

22,701

Accruals and deferred income

2,204

1,504

Other creditors

53,463

35,124

65,925

59,329

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

       

9

Related party transactions

Other transactions with the director

Other creditors includes a loan payable to the director, Ms E Psarompa-Rothwell, amounting to £53,138 (2023 : £34,805)