Gentry Consulting Ltd


Director	Gentry, Mark James


Registered Address	Chapel House
	Chapel Street
	Congleton
	CW12 4AB


Registered Number	09886811 (England and Wales)

Balance Sheet as at
30 November 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		1,392		1,857
Investment property	4		190,000		190,000
			191,392		191,857
Current assets
Debtors	5	118,679		111,128
Cash at bank and on hand		2,535		3,428
		121,214		114,556
Creditors amounts falling due within one year	6	(52,841)		(50,426)
Net current assets (liabilities)			68,373		64,130
Total assets less current liabilities			259,765		255,987
Creditors amounts falling due after one year	7		(68,582)		(71,549)
Provisions for liabilities	8		(13,467)		(13,467)
Net assets			177,716		170,971
Capital and reserves
Called up share capital			1		1
Profit and loss account			177,715		170,970
Shareholders' funds	9		177,716		170,971

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 4 March 2025, and are signed on its behalf by:

Gentry, Mark James
Director
Registered Company No. 09886811

Gentry Consulting Ltd

Notes to the Financial Statements
for the year ended 30 November 2024

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Fixtures and fittings	25
	Office Equipment	25

	Investment property
	Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 December 23	9,387	9,387
At 30 November 24	9,387	9,387
Depreciation and impairment
At 01 December 23	7,530	7,530
Charge for year	465	465
At 30 November 24	7,995	7,995
Net book value
At 30 November 24	1,392	1,392
At 30 November 23	1,857	1,857

4.	Investment property
	The property was valued at fair value by the director at the year end.


		£
	Fair value at 01 December 23	190,000
	At 30 November 24	190,000

5.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	63,829	56,278
Amounts owed by group undertakings	39,850	39,850
Other debtors	15,000	15,000
Total	118,679	111,128

6.	Creditors: amounts due within one year

	2024	2023
	£	£
Bank borrowings and overdrafts	5,988	5,988
Taxation and social security	28,127	27,295
Other creditors	13,886	13,743
Accrued liabilities and deferred income	4,840	3,400
Total	52,841	50,426

7.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	68,582	71,549
Total	68,582	71,549


	The mortgage is secured against the investment property to which it relates. The loan is repayable by instalments after 5 years.

8.	Provisions for liabilities

	2024	2023
	£	£
Net deferred tax liability (asset)	13,467	13,467
Total	13,467	13,467

9.	Fair value reserve


		£
	Fair value reserve at 01 December 23	46,511
	At 30 November 24	46,511