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
Theo Park Consultancy Ltd
Company Information
for the year ended 31 August 2024
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
Theo Park Consultancy Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
3,469
12,363
Cash at bank and in hand
89,156
67,689
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)
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
Theo Park Consultancy Ltd
Notes to the Accounts
for the year ended 31 August 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
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.
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.
Theo Park Consultancy Ltd
Notes to the Accounts
for the year ended 31 August 2024
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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
At 31 August 2024
20,818
26,808
47,626
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
At 31 August 2024
3,469
-
3,469
At 31 August 2023
8,674
3,689
12,363
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,648
10,648
Trade creditors
1,153
14,057
Taxes and social security
38,787
44,749
Other creditors
11,996
8,335
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).