5 4 Figure 8 Consultancy Services Limited SC326175 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is Consultancy on Alcohol & Drugs Misuse Digita Accounts Production Advanced 6.30.9574.0 true SC326175 2023-10-01 2024-09-30 SC326175 2024-09-30 SC326175 bus:Director2 1 2024-09-30 SC326175 core:RetainedEarningsAccumulatedLosses 2024-09-30 SC326175 core:ShareCapital 2024-09-30 SC326175 core:CurrentFinancialInstruments 2024-09-30 SC326175 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 SC326175 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 SC326175 core:FurnitureFittings 2024-09-30 SC326175 core:OfficeEquipment 2024-09-30 SC326175 bus:SmallEntities 2023-10-01 2024-09-30 SC326175 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 SC326175 bus:FilletedAccounts 2023-10-01 2024-09-30 SC326175 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 SC326175 bus:RegisteredOffice 2023-10-01 2024-09-30 SC326175 bus:Director2 2023-10-01 2024-09-30 SC326175 bus:Director2 1 2023-10-01 2024-09-30 SC326175 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-10-01 2024-09-30 SC326175 bus:OrdinaryShareClass2 bus:CumulativeShares 2023-10-01 2024-09-30 SC326175 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC326175 core:FurnitureFittings 2023-10-01 2024-09-30 SC326175 core:OfficeEquipment 2023-10-01 2024-09-30 SC326175 countries:Scotland 2023-10-01 2024-09-30 SC326175 2023-09-30 SC326175 bus:Director2 1 2023-09-30 SC326175 core:FurnitureFittings 2023-09-30 SC326175 core:OfficeEquipment 2023-09-30 SC326175 2022-10-01 2023-09-30 SC326175 2023-09-30 SC326175 bus:Director2 1 2023-09-30 SC326175 core:RetainedEarningsAccumulatedLosses 2023-09-30 SC326175 core:ShareCapital 2023-09-30 SC326175 core:CurrentFinancialInstruments 2023-09-30 SC326175 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 SC326175 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 SC326175 core:FurnitureFittings 2023-09-30 SC326175 core:OfficeEquipment 2023-09-30 SC326175 bus:Director2 1 2022-10-01 2023-09-30 SC326175 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-10-01 2023-09-30 SC326175 bus:OrdinaryShareClass2 bus:CumulativeShares 2022-10-01 2023-09-30 SC326175 bus:Director2 1 2022-09-30 xbrli:pure iso4217:GBP

Registration number: SC326175

Figure 8 Consultancy Services Limited

Unaudited Financial Statements

for the Year Ended 30 September 2024

 

Figure 8 Consultancy Services Limited

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 6

 

Figure 8 Consultancy Services Limited

(Registration number: SC326175)
Statement of Financial Position as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

6,111

7,403

Current assets

 

Stocks

110,128

84,770

Debtors

5

44,230

97,751

Cash at bank and in hand

 

277

540

 

154,635

183,061

Creditors: Amounts falling due within one year

6

(143,305)

(167,139)

Net current assets

 

11,330

15,922

Total assets less current liabilities

 

17,441

23,325

Creditors: Amounts falling due after more than one year

6

(10,172)

(14,077)

Net assets

 

7,269

9,248

Capital and reserves

 

Called up share capital

10

10

Retained earnings

7,259

9,238

Shareholders' funds

 

7,269

9,248

For the financial 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.

Director's responsibilities:

The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The Director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 26 June 2025
 

.........................................
Mr AS Perkins
Director

 

Figure 8 Consultancy Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The Company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Room 6, Brook House
86 Brook Street
Broughty Ferry
Dundee
DD5 1DQ

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates taxable income.

 

Figure 8 Consultancy Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and Fittings

15% straight line

Equipment

33% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Figure 8 Consultancy Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual agreement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
 

3

Staff numbers

The average number of persons employed by the Company (including the Director) during the year, was 5 (2023 - 4).

4

Tangible assets

Fixtures and fittings
£

Office equipment
£

Total
£

Cost or valuation

At 1 October 2023

24,634

37,074

61,708

Additions

-

1,554

1,554

Disposals

(23,245)

(28,101)

(51,346)

At 30 September 2024

1,389

10,527

11,916

Depreciation

At 1 October 2023

23,496

30,809

54,305

Charge for the year

243

2,330

2,573

Eliminated on disposal

(23,110)

(27,963)

(51,073)

At 30 September 2024

629

5,176

5,805

Carrying amount

At 30 September 2024

760

5,351

6,111

At 30 September 2023

1,138

6,265

7,403

5

Debtors

Current

2024
£

2023
£

Trade debtors

17,632

16,507

Other debtors

26,598

81,244

 

44,230

97,751

 

Figure 8 Consultancy Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

28,605

37,564

Trade creditors

 

2,478

420

Taxation and social security

 

15,711

23,493

Accruals and deferred income

 

82,497

79,564

Other creditors

 

14,014

26,098

 

143,305

167,139

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

10,172

14,077

7

Dividends

Final dividends paid

2024
£

2023
£

Final dividend of £4,158.89 (2023 - £6,936.67) per each Ordinary A

37,430

62,430

Final dividend of £Nil per each Ordinary B

-

-

37,430

62,430

8

Related party transactions

Transactions with the Director

2024

At 1 October 2023
£

Advances to Director
£

Repayments by Director
£

At 30 September 2024
£

Mr AS Perkins

81,244

2,045

(56,692)

26,597

 

Figure 8 Consultancy Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

2023

At 1 October 2022
£

Advances to Director
£

Repayments by Director
£

At 30 September 2023
£

Mr AS Perkins

87,114

57,614

(63,483)

81,244