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Company No: 09329162 (England and Wales)

ENCOUNTER CONSULTING LIMITED

Unaudited Financial Statements
For the financial year ended 30 November 2024
Pages for filing with the registrar

ENCOUNTER CONSULTING LIMITED

Unaudited Financial Statements

For the financial year ended 30 November 2024

Contents

ENCOUNTER CONSULTING LIMITED

COMPANY INFORMATION

For the financial year ended 30 November 2024
ENCOUNTER CONSULTING LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 November 2024
Director R Kelly-Pharoah
Registered office 168 Shoreditch High Street
London
United Kingdom
Company number 09329162 (England and Wales)
Accountant Kreston Reeves LLP
2nd Floor
168 Shoreditch High Street
London
E1 6RA
ENCOUNTER CONSULTING LIMITED

BALANCE SHEET

As at 30 November 2024
ENCOUNTER CONSULTING LIMITED

BALANCE SHEET (continued)

As at 30 November 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 972 1,404
972 1,404
Current assets
Debtors 4 27,144 23,119
Cash at bank and in hand 503 5,986
27,647 29,105
Creditors: amounts falling due within one year 5 ( 27,972) ( 25,023)
Net current (liabilities)/assets (325) 4,082
Total assets less current liabilities 647 5,486
Net assets 647 5,486
Capital and reserves
Called-up share capital 100 100
Profit and loss account 547 5,386
Total shareholder's funds 647 5,486

For the financial year ending 30 November 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 financial statements of Encounter Consulting Limited (registered number: 09329162) were approved and authorised for issue by the Director on 29 August 2025. They were signed on its behalf by:

R Kelly-Pharoah
Director
ENCOUNTER CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
ENCOUNTER CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Encounter Consulting Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 168 Shoreditch High Street, London, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director notes that the business has net assets of £647. The Company is supported through loans from the director. The director has confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the director will continue to support the Company. Given the current position, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 6 - 7 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 December 2023 3,828 3,828
At 30 November 2024 3,828 3,828
Accumulated depreciation
At 01 December 2023 2,424 2,424
Charge for the financial year 432 432
At 30 November 2024 2,856 2,856
Net book value
At 30 November 2024 972 972
At 30 November 2023 1,404 1,404

4. Debtors

2024 2023
£ £
Trade debtors 27,144 600
Other debtors 0 22,519
27,144 23,119

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 4,754 3,276
Taxation and social security 4,449 18,066
Other creditors 18,769 3,681
27,972 25,023

6. Reserves

Profit and loss account
This reserve comprise all current and prior period retained profits and losses after deducting any distributions.

Share capital
This represents the nominal value of shares that have been issued by the company.