1 false false false false false false false false false false true false false false false false false No description of principal activity 2023-11-21 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 15301069 2023-11-21 2024-11-30 15301069 2024-11-30 15301069 2023-11-20 15301069 bus:Director1 2023-11-21 2024-11-30 15301069 core:WithinOneYear 2024-11-30 15301069 core:ShareCapital 2024-11-30 15301069 core:RetainedEarningsAccumulatedLosses 2024-11-30 15301069 bus:SmallEntities 2023-11-21 2024-11-30 15301069 bus:AuditExemptWithAccountantsReport 2023-11-21 2024-11-30 15301069 bus:SmallCompaniesRegimeForAccounts 2023-11-21 2024-11-30 15301069 bus:PrivateLimitedCompanyLtd 2023-11-21 2024-11-30 15301069 bus:FullAccounts 2023-11-21 2024-11-30
COMPANY REGISTRATION NUMBER: 15301069
Picos Consulting Limited
Filleted Unaudited Financial Statements
30 November 2024
Picos Consulting Limited
Financial Statements
Period from 21 November 2023 to 30 November 2024
Contents
Page
Balance sheet
1
Notes to the financial statements
2
Picos Consulting Limited
Balance Sheet
30 November 2024
30 Nov 24
Note
£
£
Current assets
Debtors
5
26,227
Cash at bank and in hand
111,176
---------
137,403
Creditors: amounts falling due within one year
6
58,706
---------
Net current assets
78,697
--------
Total assets less current liabilities
78,697
--------
Net assets
78,697
--------
Capital and reserves
Called up share capital
100
Profit and loss account
78,597
--------
Shareholders funds
78,697
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the period ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 14 April 2025 , and are signed on behalf of the board by:
Mr M J J Crone
Director
Company registration number: 15301069
Picos Consulting Limited
Notes to the Financial Statements
Period from 21 November 2023 to 30 November 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
All significant judgements applied in preparing the financial statements are disclosed in the accounting policies. No material estimates have been applied.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 1 .
5. Debtors
30 Nov 24
£
Trade debtors
25,500
Other debtors
727
--------
26,227
--------
6. Creditors: amounts falling due within one year
30 Nov 24
£
Corporation tax
54,964
Social security and other taxes
835
Other creditors
2,907
--------
58,706
--------
7. Directors' advances, credits and guarantees
During the period, the directors had interest-free, repayable on demand loans with the company. At the end of the period the directors were owed £457.