REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 December 2024 |
for |
Bown Consulting and Advisory Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 December 2024 |
for |
Bown Consulting and Advisory Ltd |
Bown Consulting and Advisory Ltd (Registered number: 14544833) |
Contents of the Financial Statements |
for the Year Ended 31 December 2024 |
Page |
Statement of Financial Position | 1 |
Bown Consulting and Advisory Ltd (Registered number: 14544833) |
Statement of Financial Position |
31 December 2024 |
2024 | 2023 |
£ | £ |
CURRENT ASSETS |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
ACCRUALS AND DEFERRED INCOME | ( |
) |
NET (LIABILITIES)/ASSETS | ( |
) |
CAPITAL AND RESERVES | ( |
) |
NOTES TO THE FINANCIAL STATEMENTS |
1. | STATUTORY INFORMATION |
Bown Consulting and Advisory Ltd is a |
Registered number: |
Registered office: |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | TRADING |
The company was dormant throughout the period of these financial statements. |
3. | AVERAGE NUMBER OF EMPLOYEES |
The average number of employees during the year was NIL (2023 - NIL). |
Bown Consulting and Advisory Ltd (Registered number: 14544833) |
Statement of Financial Position - continued |
31 December 2024 |
NOTES TO THE FINANCIAL STATEMENTS |
4. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the year ended 31 December 2024 and the period ended 31 December 2023: |
2024 | 2023 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
Loans to the director are unsecured and repayable on demand. Interest was charged on the loans during the financial period at a rate of 2.25% (2023 - 2.25%) per annum and this totalled £242 (2023 - £436). Interest is included within other interest received in the profit and loss account. |
5. | OTHER FINANCIAL COMMITMENTS |
The company had unpaid dividends to non-director shareholders at the financial year end totalling £3,000 (2023 - £Nil). These are included within other creditors in these accounts. |
The were no other financial commitments, contingencies or guarantees made on behalf of the director. |
6. | OFF-BALANCE SHEET ARRANGEMENTS |
There were no off-balance sheet arrangements at the financial period end. |
6. | GOING CONCERN |
The director will continue to provide the necessary funds enabling the company to trade as a going concern and meet immediate company liabilities. As a result, the accruals basis for accounting has been adopted. |
The director acknowledges his 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. |
Bown Consulting and Advisory Ltd (Registered number: 14544833) |
Statement of Financial Position - continued |
31 December 2024 |
The financial statements were approved by the director and authorised for issue on |