Company Registration No. 07380613 (England and Wales)
Dr Karen Shannon Associates Limited
Unaudited accounts
for the year ended 30 September 2024
Dr Karen Shannon Associates Limited
Unaudited accounts
Contents
Dr Karen Shannon Associates Limited
Company Information
for the year ended 30 September 2024
Directors
Dr Karen Shannon
Mr Alun Jones
Company Number
07380613 (England and Wales)
Registered Office
Cotton Exchange
16 Bixeth Street
Liverpool
L3 9LQ
United Kingdom
Dr Karen Shannon Associates Limited
Statement of financial position
as at 30 September 2024
Tangible assets
2,398
3,284
Cash at bank and in hand
56,486
61,290
Creditors: amounts falling due within one year
(31,692)
(23,797)
Net current assets
80,269
90,720
Called up share capital
100
100
Profit and loss account
82,567
93,904
Shareholders' funds
82,667
94,004
For the year ending 30 September 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 directors acknowledge 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 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 of Directors and authorised for issue on 13 June 2025 and were signed on its behalf by
Dr Karen Shannon
Director
Company Registration No. 07380613
Dr Karen Shannon Associates Limited
Notes to the Accounts
for the year ended 30 September 2024
Dr Karen Shannon Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 07380613. The registered office is Cotton Exchange, 16 Bixeth Street, Liverpool, L3 9LQ, United Kingdom.
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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.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
3 Years Straight Line
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
12,123
1,201
13,324
At 30 September 2024
12,250
1,201
13,451
At 1 October 2023
9,736
304
10,040
Charge for the year
612
401
1,013
At 30 September 2024
10,348
705
11,053
At 30 September 2024
1,902
496
2,398
At 30 September 2023
2,387
897
3,284
Dr Karen Shannon Associates Limited
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Trade debtors
55,075
52,853
Accrued income and prepayments
400
374
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Creditors: amounts falling due within one year
2024
2023
Taxes and social security
8,503
5,447
Loans from directors
11,289
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Average number of employees
During the year the average number of employees was 1 (2023: 1).