IRIS Accounts Production v24.3.2.46 09359175 director 1.4.23 31.3.24 31.3.24 0 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh093591752023-03-31093591752024-03-31093591752023-04-012024-03-31093591752022-03-31093591752022-04-012023-03-31093591752023-03-3109359175ns15:EnglandWales2023-04-012024-03-3109359175ns14:PoundSterling2023-04-012024-03-3109359175ns10:Director12023-04-012024-03-3109359175ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3109359175ns10:SmallEntities2023-04-012024-03-3109359175ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3109359175ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3109359175ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3109359175ns10:FullAccounts2023-04-012024-03-310935917512023-04-012024-03-3109359175ns10:RegisteredOffice2023-04-012024-03-3109359175ns5:CurrentFinancialInstruments2024-03-3109359175ns5:CurrentFinancialInstruments2023-03-3109359175ns5:ShareCapital2024-03-3109359175ns5:ShareCapital2023-03-3109359175ns5:SharePremium2024-03-3109359175ns5:SharePremium2023-03-3109359175ns5:RetainedEarningsAccumulatedLosses2024-03-3109359175ns5:RetainedEarningsAccumulatedLosses2023-03-3109359175ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3109359175ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-04-012024-03-3109359175ns5:PlantMachinery2023-04-012024-03-3109359175ns5:IntangibleAssetsOtherThanGoodwill2023-03-3109359175ns5:IntangibleAssetsOtherThanGoodwill2024-03-3109359175ns5:IntangibleAssetsOtherThanGoodwill2023-03-3109359175ns5:PlantMachinery2023-03-3109359175ns5:PlantMachinery2024-03-3109359175ns5:PlantMachinery2023-03-3109359175ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3109359175ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 09359175 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Conscious 2 Ltd

Conscious 2 Ltd (Registered number: 09359175)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Conscious 2 Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: A Howard





REGISTERED OFFICE: Gainsborough Studios
1 Poole Street
London
N1 5EB





REGISTERED NUMBER: 09359175 (England and Wales)





ACCOUNTANTS: ACL & Co
Chartered Certified Accountants
The Coach House
1 Howard Road
Reigate
RH2 7JE

Conscious 2 Ltd (Registered number: 09359175)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 75,748 44,621
Tangible assets 5 9,897 7,142
85,645 51,763

CURRENT ASSETS
Debtors 6 207,106 144,888
Cash at bank 105,920 18,149
313,026 163,037
CREDITORS
Amounts falling due within one year 7 615,753 90,778
NET CURRENT (LIABILITIES)/ASSETS (302,727 ) 72,259
TOTAL ASSETS LESS CURRENT
LIABILITIES

(217,082

)

124,022

CAPITAL AND RESERVES
Called up share capital 127 127
Share premium 752,685 752,685
Retained earnings (969,894 ) (628,790 )
(217,082 ) 124,022

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

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

The director acknowledges his 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.

Conscious 2 Ltd (Registered number: 09359175)

Balance Sheet - continued
31 March 2024


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 director and authorised for issue on 9 January 2025 and were signed by:





A Howard - Director


Conscious 2 Ltd (Registered number: 09359175)

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

1. STATUTORY INFORMATION

Conscious 2 Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

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 cost

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.


Conscious 2 Ltd (Registered number: 09359175)

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

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023 100,499
Additions 53,240
At 31 March 2024 153,739
AMORTISATION
At 1 April 2023 55,878
Charge for year 22,113
At 31 March 2024 77,991
NET BOOK VALUE
At 31 March 2024 75,748
At 31 March 2023 44,621

Conscious 2 Ltd (Registered number: 09359175)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 58,726
Additions 6,870
At 31 March 2024 65,596
DEPRECIATION
At 1 April 2023 51,584
Charge for year 4,115
At 31 March 2024 55,699
NET BOOK VALUE
At 31 March 2024 9,897
At 31 March 2023 7,142

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 61,500 12,500
VAT 24,100 10,882
Deferred tax asset 121,506 121,506
207,106 144,888

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 188,560 32,488
Payments on account 1,947 5,842
Trade creditors 27,882 4,153
Other creditors 277,243 30,845
Directors' current accounts 11,348 11,348
Accrued expenses 108,773 6,102
615,753 90,778

Conscious 2 Ltd (Registered number: 09359175)

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

8. RELATED PARTY DISCLOSURES

As at the year end, Conscious 2 Ltd had a loan of £61,500 due from The Optimum Health Clinic Ltd, and owed £173,943 to Conscious Psychology Ltd and owed £103,300 to Alex Howard Group.