REGISTERED NUMBER: 08641015 (England and Wales)

LAUREN BRANSTON CONSULTANCY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L A Bryan

REGISTERED OFFICE:

2 Adelaide Place

Bath

BA2 6BU

REGISTERED NUMBER:

08641015 (England and Wales)

ACCOUNTANTS:

Green & Co

Chartered Certified Accountants

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

16,684

22,246

CURRENT ASSETS

Debtors

5

39,671

63,542

Cash at bank

11,119

117,713

50,790

181,255

CREDITORS

Amounts falling due within one year

6

32,191

45,844

NET CURRENT ASSETS

18,599

135,411

TOTAL ASSETS LESS CURRENT LIABILITIES

35,283

157,657

CREDITORS

Amounts falling due after more than one year

7

(16,667

)

(43,953

)

PROVISIONS FOR LIABILITIES

(1,560

)

(4,227

)

NET ASSETS

17,056

109,477

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

16,956

109,377

SHAREHOLDERS' FUNDS

17,056

109,477

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

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

The director acknowledges her 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 Profit and Loss has not been delivered.

The financial statements were approved by the director and authorised for issue on 31st March 2025 and were signed by:

L A Bryan - Director

1.	STATUTORY INFORMATION

Lauren Branston 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st September 2023

and 31st August 2024

10,220

37,888

48,108

DEPRECIATION

At 1st September 2023

7,954

17,908

25,862

Charge for year

567

4,995

5,562

At 31st August 2024

8,521

22,903

31,424

NET BOOK VALUE

At 31st August 2024

1,699

14,985

16,684

At 31st August 2023

2,266

19,980

22,246

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st September 2023

and 31st August 2024

35,885

DEPRECIATION

At 1st September 2023

16,961

Charge for year

4,731

At 31st August 2024

21,692

NET BOOK VALUE

At 31st August 2024

14,193

At 31st August 2023

18,924

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

-

25,170

Other debtors

37,500

37,910

Tax

1,709

-

Prepayments

462

462

39,671

63,542

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

986

Other loans

10,000

10,000

Hire purchase contracts

17,287

3,641

Corporation Tax

-

3,207

Social security and other taxes

69

-

VAT

313

5,424

Directors' current accounts

2,027

20,274

Accruals and deferred income

2,495

2,312

32,191

45,844

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other loans > 1 year

16,667

26,667

Hire purchase contracts

-

17,286

16,667

43,953

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

9.	RELATED PARTY DISCLOSURES

At the year end the company owed the director L A Bryan £2,027 (2023 : £20,274).