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Company Registration No. 09171473 (England and Wales)
Theo Park Consultancy Ltd Unaudited accounts for the year ended 31 August 2024
Theo Park Consultancy Ltd Unaudited accounts Contents
Page
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Theo Park Consultancy Ltd Company Information for the year ended 31 August 2024
Director
Theodora Park
Company Number
09171473 (England and Wales)
Registered Office
46 Yerbury Road London N19 4RJ England
Accountants
Premium Accounting Services Limited A4-55 Peel Road, Harrow Harrow Middlesex HA3 7QT
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Theo Park Consultancy Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,469 
12,363 
Current assets
Debtors
4,388 
37,052 
Cash at bank and in hand
89,156 
67,689 
93,544 
104,741 
Creditors: amounts falling due within one year
(72,118)
(94,552)
Net current assets
21,426 
10,189 
Total assets less current liabilities
24,895 
22,552 
Creditors: amounts falling due after more than one year
(8,724)
(18,683)
Net assets
16,171 
3,869 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
16,071 
3,769 
Shareholders' funds
16,171 
3,869 
For the year ending 31 August 2024 the company was entitled to exemption from audit 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 January 2025 and were signed on its behalf by
Theodora Park Director Company Registration No. 09171473
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Theo Park Consultancy Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Theo Park Consultancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 09171473. The registered office is 46 Yerbury Road, London, N19 4RJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% straight line method
Fixtures & fittings
20% straight line method
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Theo Park Consultancy Ltd Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
20,818 
25,021 
45,839 
Additions
- 
1,787 
1,787 
At 31 August 2024
20,818 
26,808 
47,626 
Depreciation
At 1 September 2023
12,144 
21,332 
33,476 
Charge for the year
5,205 
5,476 
10,681 
At 31 August 2024
17,349 
26,808 
44,157 
Net book value
At 31 August 2024
3,469 
- 
3,469 
At 31 August 2023
8,674 
3,689 
12,363 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
32,664 
Other debtors
4,388 
4,388 
4,388 
37,052 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,648 
10,648 
VAT
4,104 
11,863 
Trade creditors
1,153 
14,057 
Taxes and social security
38,787 
44,749 
Other creditors
11,996 
8,335 
Accruals
5,430 
4,900 
72,118 
94,552 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
8,724 
18,683 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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