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REGISTERED NUMBER: 02870106 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

SPECIALIST BUSINESS CONSULTANTS LIMITED

SPECIALIST BUSINESS CONSULTANTS LIMITED (REGISTERED NUMBER: 02870106)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 November 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SPECIALIST BUSINESS CONSULTANTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 November 2024







DIRECTORS: R A Buckle
Mrs J M Flanagan





SECRETARY: Mrs J M Flanagan





REGISTERED OFFICE: 38 Hookhams Lane
Renhold
Bedford
Bedfordshire
MK41 0JT





REGISTERED NUMBER: 02870106 (England and Wales)





ACCOUNTANTS: GB Accounting Solutions Limited
Building 115
Bedford Technology Park
Thurleigh
Bedford
Bedfordshire
MK44 2YA

SPECIALIST BUSINESS CONSULTANTS LIMITED (REGISTERED NUMBER: 02870106)

BALANCE SHEET
30 November 2024

30.11.24 30.11.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 50,743 10,897
50,743 10,897

CURRENT ASSETS
Debtors 6 41,667 40,924
Cash at bank and in hand 99,122 113,437
140,789 154,361
CREDITORS
Amounts falling due within one year 7 (48,499 ) (53,013 )
NET CURRENT ASSETS 92,290 101,348
TOTAL ASSETS LESS CURRENT
LIABILITIES

143,033

112,245

CREDITORS
Amounts falling due after more than one year 8 (6,788 ) -

PROVISIONS FOR LIABILITIES (6,962 ) (2,724 )
NET ASSETS 129,283 109,521

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 9 128,283 108,521
SHAREHOLDERS' FUNDS 129,283 109,521

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

SPECIALIST BUSINESS CONSULTANTS LIMITED (REGISTERED NUMBER: 02870106)

BALANCE SHEET - continued
30 November 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 June 2025 and were signed on its behalf by:





Mrs J M Flanagan - Director


SPECIALIST BUSINESS CONSULTANTS LIMITED (REGISTERED NUMBER: 02870106)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 November 2024


1. STATUTORY INFORMATION

Specialist Business Consultants Limited 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

SPECIALIST BUSINESS CONSULTANTS LIMITED (REGISTERED NUMBER: 02870106)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 November 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 5,500
AMORTISATION
At 1 December 2023
and 30 November 2024 5,500
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 -

SPECIALIST BUSINESS CONSULTANTS LIMITED (REGISTERED NUMBER: 02870106)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 November 2024


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023 77,940
Additions 57,850
Disposals (12,140 )
At 30 November 2024 123,650
DEPRECIATION
At 1 December 2023 67,043
Charge for year 18,004
Eliminated on disposal (12,140 )
At 30 November 2024 72,907
NET BOOK VALUE
At 30 November 2024 50,743
At 30 November 2023 10,897

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 19,900
At 30 November 2024 19,900
DEPRECIATION
Charge for year 4,975
At 30 November 2024 4,975
NET BOOK VALUE
At 30 November 2024 14,925

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 41,667 40,924

SPECIALIST BUSINESS CONSULTANTS LIMITED (REGISTERED NUMBER: 02870106)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 November 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Hire purchase contracts 3,225 -
Trade creditors 17,940 12,117
Taxation and social security 17,997 30,271
Other creditors 9,337 10,625
48,499 53,013

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Hire purchase contracts 6,788 -

9. RESERVES
Retained
earnings
£   

At 1 December 2023 108,521
Profit for the year 40,262
Dividends (20,500 )
At 30 November 2024 128,283