IRIS Accounts Production v25.1.0.734 08949628 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089496282023-07-31089496282024-07-31089496282023-08-012024-07-31089496282022-07-31089496282022-08-012023-07-31089496282023-07-3108949628ns15:EnglandWales2023-08-012024-07-3108949628ns14:PoundSterling2023-08-012024-07-3108949628ns10:Director12023-08-012024-07-3108949628ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3108949628ns10:SmallEntities2023-08-012024-07-3108949628ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3108949628ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3108949628ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3108949628ns10:FullAccounts2023-08-012024-07-3108949628ns10:Director22023-08-012024-07-3108949628ns10:RegisteredOffice2023-08-012024-07-3108949628ns5:CurrentFinancialInstruments2024-07-3108949628ns5:CurrentFinancialInstruments2023-07-3108949628ns5:Non-currentFinancialInstruments2024-07-3108949628ns5:Non-currentFinancialInstruments2023-07-3108949628ns5:ShareCapital2024-07-3108949628ns5:ShareCapital2023-07-3108949628ns5:RetainedEarningsAccumulatedLosses2024-07-3108949628ns5:RetainedEarningsAccumulatedLosses2023-07-3108949628ns5:PlantMachinery2023-08-012024-07-3108949628ns5:PlantMachinery2023-07-3108949628ns5:PlantMachinery2024-07-3108949628ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3108949628ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-31
REGISTERED NUMBER: 08949628 (England and Wales)









Financial Statements

for the Year Ended 31 July 2024

for

Innswood Consulting Ltd

Innswood Consulting Ltd (Registered number: 08949628)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Innswood Consulting Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTORS: C L Viney
A Wells





REGISTERED OFFICE: Innswood House
120 High Street
Clophill
Bedfordshire
MK45 4BJ





REGISTERED NUMBER: 08949628 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
Suite 301
Stanmore Business and Innovation Centre
Howard Road
Stanmore
Middlesex
HA7 1FW

Innswood Consulting Ltd (Registered number: 08949628)

Statement of Financial Position
31 July 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 274,987 235,000
Cash at bank 11,318 75,906
286,305 310,906
CREDITORS
Amounts falling due within one year 6 (14,312 ) (16,928 )
NET CURRENT ASSETS 271,993 293,978
TOTAL ASSETS LESS CURRENT
LIABILITIES

271,993

293,978

CREDITORS
Amounts falling due after more than one
year

7

(22,874

)

(28,430

)
NET ASSETS 249,119 265,548

CAPITAL AND RESERVES
Called up share capital 200 100
Retained earnings 248,919 265,448
249,119 265,548

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

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

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by:





A Wells - Director


Innswood Consulting Ltd (Registered number: 08949628)

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

1. STATUTORY INFORMATION

Innswood Consulting 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Income is recognised when the service has been provided.

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 - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Innswood Consulting Ltd (Registered number: 08949628)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 2,300
DEPRECIATION
At 1 August 2023
and 31 July 2024 2,300
NET BOOK VALUE
At 31 July 2024 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 274,987 235,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Taxation and social security 2,063 4,339
Other creditors 2,249 2,589
14,312 16,928

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 22,874 28,430

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other debtors at the year end is an aggregate amount of £39,165 (2023: £339 other creditors) due from the directors C L Viney and A Wells. Interest aggregating £685 (2023: £nil) has been charged at the rate of 2.25% whilst the accounts were overdrawn.

The following advance took place during the year and was considered material;

February 2024 £78,842

There have been no other advances which individually were considered material and no other individual advances exceeding £20,000 to the directors during the year under review.

The overdrawn accounts were settled in full in April 2025.

9. RELATED PARTY DISCLOSURES

Included within other debtors at the year end is an aggregate amount of £235,000 (2023: £235,000) due from Innswood Homes Limited, a company in which the directors have an interest. The balance has been provided unsecured, interest free and is repayable on demand.